Featured in NAPFA Advisor: Should You Hire a Compliance Consultant or an Outsourced CCO?

True West is honored to be featured in the June issue of NAPFA’s Advisor, where we dive into a critical question many RIAs face as they grow:

What’s the right approach to compliance—working with a consultant or hiring an Outsourced Chief Compliance Officer (OCCO)?

It’s not a one-size-fits-all answer. That’s why our article explores both sides of the decision, helping firms find the best structure for their goals, values, and resources.

Compliance Isn't Just a Checkbox

At True West, we believe compliance should do more than keep regulators happy. It should:
    •    Safeguard your clients,
    •    Support your long-term growth, and
    •    Align with your firm’s mission and culture.

The article breaks down the pros and cons of compliance consultants vs. OCCOs, examining key factors such as:

• Cost: When does it make financial sense to invest in a full OCCO?
• Continuity: How do each model impact firm knowledge and relationship-building?
• Regulatory Risk: What’s the difference in oversight, accountability, and audit prep?
• Strategic Alignment: Can your compliance approach adapt with your business strategy?

Whether you’re a solo advisor or managing a multi-person team, understanding these nuances is essential to choosing the model that helps you move forward confidently.

We’re proud to share this conversation with the NAPFA community and the many fiduciary advisors who are committed to doing the right thing—for their clients and their business.

And if you’re wondering what compliance model is best for you, we’re always here to talk.