Compliance software compared
Ask any of them the price. Then ask us.
We read the websites of 11 compliance vendors an adviser is likely to consider. Not one of them shows a price, and every one starts with a demo, a meeting or a contact form. Luna puts every price on the page and lets you start today, free, without talking to anyone.
| Vendor | Price on its website | How you start | What it covers |
|---|---|---|---|
| Luna | Yes, every price | Sign up today, free | The whole adviser program, email archive on Firm Plus |
| COMPLY | No | Demo | Program software plus consulting and filing services |
| Smartria | No, customized | Demo | Compliance management, marketing, trading, archiving |
| Hadrius | No | Demo | Testing, marketing, comms, surveillance, branches |
| Greenboard | No | Demo | Archiving, firm, employee and marketing compliance |
| ACA Group | No, customized | Meeting or demo | Consulting plus a broad platform |
| StarCompliance | No | Demo | Employee conduct, registrations, hotline |
| MyComplianceOffice | No | Demo | Enterprise compliance across industries |
| Smarsh | No | Sales | Communications archiving only |
| Global Relay | No | Contact | Communications archiving only |
| Red Oak | No | Demo | Advertising review, registrations, archiving |
| Saifr | No | Demo | AI review, surveillance, screening |
| An outsourced CCO | Rarely | Engagement | A person, on a schedule |
Each vendor's page cites its sources and the day we read them, October 2026. If something is out of date, tell us at sales@lunacompliance.io and we will correct it.
Everything, against everyone
What each vendor's own website shows, capability by capability. ✓ shown, ✕ no, blank not shown on their site. Open any vendor for the detail and the sources.
| Capability | Luna | COMPLY | Smartria | Hadrius | Greenboard | ACA Group | StarCompliance | MyComplianceOffice | Smarsh | Global Relay | Red Oak | Saifr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price on the website | ✓ | |||||||||||
| Start without a demo | ✓ | |||||||||||
| No annual contract | ✓ | ✕ | ✕ | |||||||||
| Compliance calendar | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||||||
| Your states' deadlines and rules | ✓ | |||||||||||
| Policies drafted for your firm | ✓ | ✓ | ✓ | ✓ | ||||||||
| AI Marketing Rule review | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | |||||
| Code of ethics: gifts, OBAs, political | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||||
| Personal trading preclearance | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ||||
| MNPI register and insider lists | ✓ | ✓ | ✓ | ✓ | ||||||||
| Form U4, U5 and ADV amendment tracking | ✓ | ✓ | ✓ | ✓ | ||||||||
| IAR continuing education | ✓ | ✓ | ✓ | ✓ | ✓ | |||||||
| SEC exam workspace | ✓ | ✓ | ✓ | ✓ | ||||||||
| Email archive and review | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✓ | ✕ | |
| Anonymous whistleblower reporting | ✓ | ✓ | ||||||||||
| AI answers from your own policies | ✓ | ✓ | ✓ | ✓ | ||||||||
| Separate deployment per firm | ✓ | ✓ | ||||||||||
| Shown | 17 | 8 | 5 | 6 | 7 | 7 | 6 | 8 | 2 | 1 | 4 | 1 |
Of 17 capabilities. Blank means we did not find it on the vendor's website when we read it in October 2026, which is a statement about the website, not about what a vendor may offer privately.
One price list, for everyone
No setup fee, no per-account fee, no annual contract. You know what you will pay before you sign up, and you cancel from inside the product.
The whole program, one login
Calendar and state deadlines, policies, code of ethics, personal trading, the MNPI register, Marketing Rule review, Form U4 and ADV amendments, the exam workspace, and email archiving on Firm Plus. Several vendors here sell one of those.
A person decides
Luna reads, tracks and drafts. No advertisement is approved by a model, and every decision is recorded with who made it and when, which is what an examiner asks for.
Coming next in Luna
- UnderwaySOC 2 Type 2 and ISO 27001. Audit work began October 6, 2026.
- NextNet worth and bond monitor for state-registered advisers.
- NextState-aware marketing review and advisory contract review.
- ComingAnnual review workspace and mock exam prep, on Firm Plus.