Financial Advisor Compliance Checklist
Use this form to record a financial advisor compliance review, capture checklist items, note exceptions, and document follow-up actions.
Advisor & Review Context
Advisor Name
*
First Name
Last Name
Firm / Company Name
*
Office Location or Department
Review Date
*
 -
Month
 -
Day
Year
2 digit month, 2 digit day, 4 digit year
Date
Checklist ID / Reference Number
Client / Case Type
*
Please Select
New Client
Existing Client
Prospect
Household Review
Trust / Estate
Retirement Planning
Other
Purpose / Scope of Review
*
Initial Compliance Review
Annual Compliance Review
Pre-Meeting Review
Post-Meeting Review
File Audit
Exception Review
Other
Compliance Checklist Items
Suitability review completed
*
Yes
No
Partially
N/A
Client risk profile reviewed
*
Not reviewed
1
2
3
4
Fully reviewed
5
1 is Not reviewed, 5 is Fully reviewed
Disclosures provided
Fee disclosure
Risk disclosure
Product disclosure
Privacy notice
Other
Product recommendations documented
Conflicts of interest checked
*
Yes, no conflicts identified
Yes, potential conflict identified and addressed
No
Not applicable
Communication records retained
Approvals obtained
Rows
Obtained
Pending
Not required
Supervisor approval
1
2
3
Client acknowledgment
4
5
6
Compliance review approval
7
8
9
Exception approval
10
11
12
Overall compliance status
*
Compliant
Compliant with minor exceptions
Needs remediation
Escalate for review
Exceptions, Notes, and Follow-Up
Compliance exceptions or issues found
Corrective actions required
Responsible party for follow-up
Due date for remediation
 -
Month
 -
Day
Year
2 digit month, 2 digit day, 4 digit year
Date
Final submission status
*
Pending review
Requires follow-up
Resolved
Submitted
Submit Checklist
Should be Empty: