Built To Scale with CRC-Oyster

Hosted by CRC-Oyster

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Episodes

188

Latest episode

Mar 2026

Language

EN-US

About the show

Built To Scale with CRC-Oyster is the newly rebranded Oyster Stew podcast following the acquisition of Oyster Consulting by Compliance Risk Concepts. The podcast features candid, thoughtful conversations that explore not only compliance and risk management, but the broader financial services industry. Each episode examines emerging trends, key issues, and current developments shaping the industry and affecting the firms and professionals who operate within it.

Listen to episodes

60 recent

March 9, 202630 min

CRC-Oyster: New Beginnings

In the inaugural episode of Built To Scale with CRC-Oyster, host Michael Durette, Managing Principal and Chief Revenue Officer of CRC-Oyster, sits down with Founder and Managing Partner Mitch Avnet and Managing Principal Buddy Doyle. Together, they reflect on the origins of their respective legacy organizations and the strategic acquisition that brought them together under CRC-Oyster. The discussion explores the current regulatory landscape, the priorities and pressures facing clients today, and the opportunities ahead as CRC-Oyster continues to grow and evolve in 2026 and beyond.CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

December 19, 202532 min

FINRA Continuing Membership Applications: Ownership & Control Changes

CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

November 20, 202515 min

Account Type Recommendations: Meeting Reg BI and Fiduciary Standards

In this Oyster Stew episode our experts unpack what regulators expect and how firms can build strong processes around Reg Bi and account type recommendations recommendations.· What Makes an Account Recommendation “Best Interest”? · Balancing Cost and Services. · Special Considerations in Practice Transitions. · Avoiding Double Dipping. · Documentation: Showing Your Work. CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

September 30, 202533 min

Reg BI and Fiduciary Obligations Part 2: Documentation, Conflicts, and Rollover Recommendations

In Part 2 of this Oyster Stew conversation, Ed Wegener continues the discussion with compliance experts Brent Nicks and Len Derus—this time focusing on the most pressing challenges firms face in applying Reg BI and fiduciary duty in practice: documentation, compensation conflicts, and rollover recommendations.What You'll Learn in Part 2Documentation Expectations: When to document recommendations—and when not to—including product complexity, costs, and client-specific factors.Supervisory Oversight: Why cookie-cutter rationales can create risk and how firms can monitor for consistency across reps.Compensation Conflicts: Practical strategies for mitigating compensation-driven incentives and leveling payouts to reduce bias.Rollover Recommendations under PTE 2020-02: How to document IRA rollovers, justify added costs, and align practices with both Reg BI and fiduciary standards.Technology vs. Forms: The pros and cons of manual versus technology-driven documentation processes—and how to strike the right balance.Training and Monitoring: How tailored training and compliance monitoring help ensure reps are following procedures and avoiding systemic risks.CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

September 11, 202522 min

Beyond the Rulebook: Practical Insights on Reg BI and Fiduciary Duty

While the core principles of Reg BI and investment advisor fiduciary duty remain consistent, regulatory expectations continue to evolve through examinations, enforcement actions, and formal guidance.In Part 1 of this conversation, our experts explore the foundational similarities and differences between Reg BI and fiduciary duty, unpack how regulators are sharpening their focus on documentation, conflicts of interest, and the firm-level processes that shape recommendations.CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

August 21, 202522 min

Preparing Your Financial Services Firm for AI: Governance, Data, and Compliance

Dive deep into the crucial foundation every organization should have in place before successfully integrating AI into its operations. In Part 4 of our special AI Series with Carolyn Welshhans of Morgan Lewis, our expert panel explores: · Key Strategies for Building Effective AI Governance Frameworks· AI Policies to Your Firm’s Risk Profile and Systems· Overcoming Legacy Technology Challenges in AI Adoption· The Critical Role of Data in AI ReadinessListen and learn as our panel provides actionable guidance for conducting comprehensive readiness assessments covering governance structures, strategic alignment, data management, model risk frameworks, and technology infrastructure.CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

August 7, 202520 min

The Realities of AI Implementation: What Every Firm Needs to Know

Powerful AI tools are rapidly transforming financial services, but beneath the promise of efficiency lurks significant risk. For firms eager to harness AI’s power while avoiding costly missteps, strategic planning and sound governance are non-negotiable. In Part 3 of our special Oyster Stew podcast series with Morgan Lewis, our panel of experts uncovers the practical realities facing firms implementing artificial intelligence solutions today:· Are your policies and strategies setting you up for success, or a compliance nightmare?· What are the legal repercussions when AI systems fail, like placing erroneous orders?· How can strong governance, data quality, and human expertise drive successful AI adoption?CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

July 24, 202522 min

Walking the AI Tightrope: AI Compliance Strategies for Wealth Management Firms

In this second installment of our special Oyster Stew podcast series, experts Pete McAteer, Dan Garrett and Jeff Gearheart from Oyster Consulting and Carolyn Welshhans from Morgan, Lewis & Bockius LLP dive deep into how firms can navigate regulatory scrutiny while leveraging AI's potential.Whether you’re evaluating new fintech tools, implementing generative AI, or managing governance across platforms, this series offers essential insights from industry veterans with decades of hands-on experience in wealth management, trading, technology, and SEC enforcement.CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

July 9, 202517 min

The Power and Potential of Artificial Intelligence in Financial Services - Part 1

In this special series of the Oyster Stew podcast, Oyster Consulting’s Pete McAteer, Dan Garrett and Jeff Gearhart team up with Carolyn Welshhans, a partner at Morgan, Lewis & Bockius LLP, to unpack the real-world applications, regulatory risks, and emerging opportunities of AI.In our kickoff episode, the panel explores how firms are already leveraging AI to drive compliance efficiency, manage operational workflows, and reduce false positives in surveillance systems—starting with smarter email review. Whether you're evaluating new fintech tools, implementing generative AI, or managing governance across platforms, this series offers essential insights from industry veterans with decades of hands-on experience in wealth management, trading, technology, and SEC enforcement CRC-Oyster: Compliance Risk Concepts / Oyster Consulting

June 20, 202533 min

AML in Action: Practical Strategies for Surveillance, Training, and SAR Reporting

In this episode of the Oyster Stew podcast, Oyster Consulting’s Ed Wegener and Bryan Jacobsen break down how firms can implement risk-based monitoring, tailor training for frontline roles, conduct effective investigations, and ensure your firm’s Suspicious Activity Report (SAR) filings are what regulators require.Key Takeaways What regulators expect from your AML compliance programRisk-based surveillance: Going beyond cookie-cutter monitoringHow to tailor red flag training by employee roleInvestigating suspicious activity: When to file a SAR, how to do it rightLeveraging third-party vendors for transaction surveillance and case managementCommon mistakes firms make—and how to avoid themCRC-Oyster: Compliance Risk Concepts / Oyster Consulting