# Redan Compliance

> Forensic evidence locker for SEC-registered investment advisers. Automated analysis of marketing materials, vendor due diligence workflow, and compliance training — each product building the Blue Folder: an immutable audit record for SEC examination defense.

**Website:** https://redancompliance.com
**Full documentation:** https://redancompliance.com/llms-full.txt
**Contact:** jason@redancompliance.com
**Last updated:** 2026-04-10

## What Redan Does

Redan builds the compliance record that SEC examiners actually request: every marketing claim linked to evidence, every CCO determination documented with written reasoning, every vendor risk classification recorded with a signed memo. The record is built during normal operations — not assembled when the examination letter arrives.

Core differentiation: other compliance tools record **that** you approved a marketing piece. Redan records **why** — the claim, the evidence, and the CCO's written basis for the determination. That reasoning is the contemporaneous documentation that transforms a defensible decision into a provable one.

## Products

- [MRC Platform — Marketing Rule Compliance](https://redancompliance.com/pricing) — Automated analysis of marketing materials against all 8 categories of SEC Advertising Rule (Rule 206(4)-1). CCO determination workflow with mandatory written reasoning. Evidence Library with claim-level linking. Blue Folder export. $3,500/month or $35,700/year.

- [VDD Platform — Vendor Due Diligence](https://redancompliance.com/pricing) — DDQ workflow for all third-party vendors. Risk classification (Critical / High / Medium / Low). Signed CCO determination memo generated at assessment completion. Reassessment alerts. $2,000/month or $20,400/year.

- [Compliance Training](https://redancompliance.com/pricing) — Annual, onboarding, department-specific, and remedial training. Assessment engine. Timestamped, hashed completion certificates. 18-month training history per employee in the Blue Folder. $1,500/month or $15,300/year.

- [Blue Folio](https://redancompliance.com/blue-folio) — The comprehensive nine-section examination opening presentation, generated when all products are in use.

## The Blue Folder

The Blue Folder is an immutable, exportable forensic audit record — built continuously during normal compliance operations, structured for SEC examination defense. Every determination, evidence link, revision instruction, and completion record is append-only: nothing can be modified after the fact.

A firm using all three Redan products exports a Blue Folio — a comprehensive nine-section examination opening presentation covering firm overview, compliance program structure, marketing review record, vendor oversight program, and employee training program.

## Pricing

Flat rate per firm. Unlimited users. No per-seat fees, no AUM-based pricing.

| Product | Monthly | Annual |
|---------|---------|--------|
| MRC Platform | $3,500 | $35,700 |
| VDD Platform | $2,000 | $20,400 |
| Compliance Training | $1,500 | $15,300 |
| Oversight Suite | $4,000 | $40,800 |
| Full Suite (all four) | $11,000 | $112,200 |

## Who It's For

SEC-registered investment advisers and private fund managers in the $100M–$3B AUM range. Primary buyer: the dual-hat CCO managing a full compliance program with a one-to-three person team, whose current tools record approvals but not reasoning.

Triggering events: upcoming SEC examination, receipt of a document request letter, SEC risk alert citing the Advertising Rule, scaling marketing activity, or recognition that the current record cannot answer the examiner's questions.

## Regulatory Context

- **Rule 206(4)-1** — SEC Advertising Rule. Governs how registered investment advisers market services and present performance. Eight categories: performance advertising, testimonials and endorsements, third-party ratings, hypothetical performance, predecessor performance, extracted performance, related performance, and general content.
- **Rule 206(4)-7** — SEC compliance rule. Requires written policies and procedures, annual review, and a designated Chief Compliance Officer.
- **Performance requirement** — Performance results must be presented on both gross and net (after fees) bases. Gross without net is a primary SEC examination deficiency.

## Key Terms

- **Blue Folder** — Immutable forensic audit record, exported from any Redan product, structured for examination defense
- **Blue Folio** — Comprehensive nine-section examination opening presentation when all products are in use
- **Archimedes** — Redan's automated analysis engine for marketing materials
- **Claim** — A flagged statement in a marketing piece requiring CCO review and written determination
- **Contemporaneous documentation** — Records built at the time of the decision, not reconstructed after the fact
- **WORM storage** — Write Once, Read Many; the append-only property that makes the audit trail forensically defensible
- **Substantiation** — The evidence linking a marketing claim to its supporting basis

## Founders

**Steven Barclay** — Co-Founder & CTO. Marine Corps infantry veteran. VP Operations, AnswerHero (227% revenue growth, HIPAA/PCI regulated platform migration at global scale). Director of Operations, $35M professional services firm. Built Redan's forensic evidence architecture from the ground up.
**Jason Karch** — Co-Founder & CEO. Marine Corps infantry veteran. More than 13 years in investment management compliance (Sculptor Capital, Elliott Management, JPMorgan, iCapital) — experience accumulated on the compliance and examined side of SEC examinations.

## Get Started

To request a demo or learn more: [redancompliance.com/demo](https://redancompliance.com/demo) · jason@redancompliance.com