Self-assessment

Trade Advisory Readiness Assessment

Answer 12 questions about your current advisory process. Receive a readiness rating and identify gaps in compliance, documentation, and engagement structure before your next transaction.

1. 01Do you require a signed engagement letter with defined liability caps before advisory work begins?

   NoRarelyMostlyYes

2. 02Is every advisory deliverable mapped to a specific milestone or payment trigger in your SOW?

   NoRarelyMostlyYes

3. 03Do scope changes require formal SOW amendments with documented fee and timeline adjustments?

   NoRarelyMostlyYes

4. 04Do you screen all counterparties against OFAC SDN lists before entering trade negotiations?

   NoRarelyMostlyYes

5. 05Can you name the specific regulation or framework governing each stage of your advisory engagement?

   NoRarelyMostlyYes

6. 06Does your advisory platform or provider hold current SOC 2 Type II attestation?

   NoRarelyMostlyYes

7. 07Do your advisors hold verified state licensure checked directly against the issuing board?

   NoRarelyMostlyYes

8. 08Have you classified advisory providers under the DOL economic realities test for contractor status?

   NoRarelyMostlyYes

9. 09Do you know the acceptance rate of your advisory platform or network — and is it below 20%?

   NoRarelyMostlyYes

10. 10Can you check your engagement status in real time without scheduling a call with your advisor?

    NoRarelyMostlyYes

11. 11Do you measure time-to-value from brief submission to first deliverable in days?

    NoRarelyMostlyYes

12. 12Do you track engagement satisfaction scores to qualify advisors for repeat mandates?

    NoRarelyMostlyYes