Act 60 Compliance Check for Financial Advisors

For financial advisors under Act 60, the number one question is: is my income properly sourced to Puerto Rico? With AUM-based fees and a global client list, the answer can be complicated. Traditional reviews are slow and costly, often taking weeks to complete. In a digitally underserved market, getting a quick, reliable answer has been nearly impossible, until now. The adoption of AI-powered compliance tools has grown over 80% because they deliver the speed business owners need. Our tool is designed to give you a rapid assessment of your income sourcing methodology. By answering a few targeted questions about your operations and client service model, our system can quickly identify potential red flags. This isn't a full audit, but a quick, efficient check designed to catch common errors before they become major problems. You get the insights you need to act fast, without the wait.

The most frequent issue we see for financial advisors is the handling of fees based on Assets Under Management (AUM). It's easy to assume that because you live and work in Puerto Rico, all your income qualifies. However, the IRS may see it differently, potentially arguing the income is tied to your clients' locations. This is a critical point that needs to be addressed correctly to maintain your decree's benefits. Decreecheck.com helps you quickly evaluate how you are documenting the work related to your AUM fees. Our system is designed to check if your activities—like research, trading, and client communications—are sufficiently based in Puerto Rico. It’s a simple way to see if you have potential exposure on this crucial issue, allowing you to seek deeper advice if a problem is flagged.

Why pay $5,000 or more for a traditional compliance review when all you need is a quick check-up? Many decree holders rely on word-of-mouth, which can be unreliable. We provide a modern, affordable alternative. Our platform leverages the same type of AI technology used to process tens of thousands of reviews monthly, but we focus it on providing a fast, accessible, and easy-to-understand check of your compliance status. This service is built for busy financial advisors who value efficiency. In just a few minutes, you can gain valuable insights into your potential compliance risks and decide if a more in-depth review is necessary. It’s a smart, cost-effective first step to ensuring your Act 60 structure is on solid ground.