The Problem: A Regulatory Perfect Storm
We didn't set out to build just another fintech solution. As the old saying goes, there's no point building a better mousetrap unless you've identified a real problem that needs solving.
The problem we discovered is both urgent and expensive: regulators are demanding unprecedented focus on investment suitability. But this isn't just about ensuring investments are appropriate for specific clients anymore. Today's regulatory environment requires advisors to demonstrate that their recommendations represent the optimal investment choice relative to all available alternatives.
To meet this standard, investment advisors must implement comprehensive due diligence processes that document reviews of every single security held across all client accounts. The challenge? This process is almost entirely manual and can consume up to an hour per investment.
The Math is Brutal
Consider the typical investment advisor managing 400+ different securities across their book of business. Completing due diligence on their entire portfolio requires more than 10 weeks of full-time work – assuming 8 hours a day, five days a week.
This represents nearly 23% of an advisor's available time diverted away from revenue-generating activities like prospecting new clients and servicing existing relationships. In an industry where time directly correlates to income, this regulatory burden creates a significant operational challenge.
Most importantly, this isn't optional. Due diligence processes cannot be delegated to junior staff, cannot be postponed, and cannot be ignored without creating substantial regulatory risk for both the individual advisor and their firm.
The Solution: Buckler's AI-Powered Approach
This regulatory reality drove us to create Buckler IDD – a purpose-built platform designed specifically to address the due diligence crisis in wealth management.
Using proprietary artificial intelligence and comprehensive market data, Buckler IDD aggregates and organizes all the information required to efficiently monitor and execute due diligence processes across entire wealth management businesses. What traditionally takes 45-60 minutes per security can now be completed in less than 90 seconds, including report generation and documentation.
The platform also provides compliance teams with a centralized dashboard to monitor the due diligence process for all advisors across the organization, ensuring firm-wide regulatory compliance while maintaining individual advisor accountability.
Meeting the Moment
Buckler IDD represents part of a rapidly expanding category of advisor technology focused on providing scalable solutions to meet the ever-growing regulatory requirements facing investment advisors and their firms.
Our primary mission is straightforward: deliver an efficient, AI-powered due diligence platform that allows advisors to manage their regulatory obligations without sacrificing their ability to grow and serve their businesses.
By solving the due diligence challenge, we're helping advisors reclaim nearly a quarter of their time while ensuring they meet the highest standards of regulatory compliance. In today's environment, that's not just a competitive advantage – it's a business necessity.