Silo: Saving hours on robo-advisor SEC compliance with Hadrius

Learn how robo-advisor Silo was able to streamline their compliance program and save hours each week with Hadrius.
February 20, 2024
Thomas Stewart, Founder & CEO
Ready to take your SEC & FINRA compliance program up a notch?
Book a demo
“Hadrius’ AI saves me all the hassle of having to figure out if something is compliant and saves me hours.” - Akhsheiy Tangutur, Founder, Silo

Robo-advisors are one of the most exciting evolutions in consumer fintech over the last decade. Empowering retail clients to invest automatically, while paying minimal fees and receiving personalized portfolio curation, robos have been able to attract billions of dollars in AUM. On the other hand, their consumer focus and rapid growth goals means compliance can be a bigger challenge than for most firms. Maintaining compliance while hitting those aggressive growth goals is paramount for robo-advisors.

In this article, we break down how Silo, an SEC-registered robo-advisor that allows retail clients to invest directly in government and corporate bonds, approached this problem and how Hadrius has been an instrumental part of the solution.

What is Silo and what brought them to Hadrius?

Silo is an investment platform that allows individuals to invest in bonds of all kinds, from corporate bonds to T Bills.

Silo is registered as an investment advisor with the SEC, taking advantage of the internet advisor exemption. With this designation comes ongoing compliance obligations they must meet, particularly around marketing, communications, and employee compliance.

When Silo first came to Hadrius, their top priority was to streamline their existing compliance program, finding ways to maintain an effective compliance program while they continued to grow faster.

They had an existing provider, a well-known legacy SEC compliance platform, but the software was lacking, acting like a glorified calendar they had to spend hours maintaining. On top of this, customer support was almost non-existent when they had compliance questions and needed assistance using the product.

They needed a solution that they knew was well-engineered, intuitive to use, would create significant time-savings, and would have strong customer service flexible to their needs.

How does Silo use Hadrius to run their compliance program?

When the team at Silo was looking for a compliance solution, they wanted a platform that was intuitive, efficient, and with excellent customer service. A platform that could dramatically reduce the time they spent on their current compliance process and they could rely on to scale with them.

“Whenever compliance questions came up, Hadrius was super responsive.” - Akhsheiy Tangutur, Founder, Silo

Hadrius started by working closely with Silo to replace their legacy SEC compliance software. With Hadrius, they were able to manage their entire compliance program from a single interface, from electronic communications review and archiving, reviewing their marketing, to managing their employee compliance.

With Hadrius’s AI-powered marketing review module, what previously Silo took several hours of marketing review each week across articles, social media, investment memos, website changes, and videos became minutes. Hadrius was able to handle archiving their marketing content - including videos - seamlessly.

Hadrius’s AI-powered communications review ensures far fewer false positives and catches violations that their previous legacy software completely misses for Silo. The communication review module surfaces potential violations to the compliance team for their review, providing an AI-generated summary of the conversation with a note on the compliance violation, and handles archiving for channels from email to slack to social media from one interface.

“Hadrius is able to handle the auxiliary features we need and is customized exactly to our processes.” - Akhsheiy Tangutur, Founder, Silo

The Silo team had constant access to Hadrius’ compliance and product team throughout the onboarding process and continues to have that access free-of-charge to this day through a dedicated Slack channel.

What impact has this partnership had on Silo?

The Silo compliance program has transformed since starting with Hadrius. What previously took hours of effort each week has been reduced to under an hour. They have an all-in-one view of the entire organization, where they can handle all these processes from one dashboard.

“Being able to access the compliance and product team is a game changer. They’re there when you need them.” - Akhsheiy Tangutur, Founder, Silo

As they continue to scale, Hadrius is providing an all-in-one platform that will continue to cover their SEC compliance needs at any size, growing with them while remaining flexible to their evolving requirements.

Ready to take your firm’s compliance up a notch?

Dozens of firms like Silo have streamlined their compliance program across their organization and rely on Hadrius to make it possible. Hadrius provides the only all-in-one SEC and FINRA compliance solution, and scales with your firm with AI-powered automations and 24/7 access to our compliance and product team. Request a demo here, or reach out to if you have any questions!

Thomas Stewart

Founder & CEO, Hadrius

Thomas Stewart is the founder and CEO of Hadrius, the most modern SEC and FINRA compliance software around. Thomas previously founded the SEC-registered RIA Quantbase where he learned first hand how to build an efficient compliance program that scales with high-growth firms.

Related Resources
Republic: Time spent on day-to-day compliance slashed by 60% with Hadrius
Frec: Building a comprehensive, scalable broker-dealer compliance program with Hadrius
Arrived: 10x reduction in time spent on marketing review each week with Hadrius
View more resources >
Results that speak for themselves
Average annual compliance savings after starting with Hadrius
Average time saved each week after starting with Hadrius.
RIAs, broker-dealers, and compliance firms running their compliance with Hadrius
Book a demo