Luna vs an outsourced CCO
A consultant visits your program. Luna runs it every day.
An outsourced CCO typically costs $30,000 to $125,000 a year, and you still gather the records, chase the attestations and answer the request letter. Luna does that work every day, for at most $14,990 a year on annual Firm Plus, and the CCO you name on Form ADV makes the decisions with the record already kept.
Why advisers choose Luna over an outsourced CCO
A fraction of the cost
$30,000 to $125,000 a year for an outsourced CCO, per a 2026 compilation of published quotes. Luna is free to $1,499 a month, published.
Every day, not every quarter
Reminders on each obligation's own schedule, attestations chased, preclearance rules applied the moment a request is made, advertisements reviewed when they are submitted.
The record is kept as you go
Every decision carries who and when. When the request letter arrives, the exam workspace splits it into owned, dated items and the evidence is already there.
Keep a person for judgment
If you want an outside reviewer, keep one for the calls that need judgment, and stop paying them to chase records. Luna works with your counsel.
The scorecard
13 things Luna does that an outsourced CCO's website does not show. Luna's column is what ships today.
| Capability | Luna | an outsourced CCO |
|---|---|---|
| Price on the website | Yes. Every price, free to $1,499/mo | Not shown on their website. Rarely published |
| Start without a demo | Yes. Free plan; 14-day trials, no card | Not shown on their website. Engagement letter first |
| No annual contract | Yes. Month to month; cancel in the product | Not shown on their website. Depends on the engagement |
| Compliance calendar | Yes. Fitted to SEC, state or ERA registration | Not shown on their website. Depends on the engagement |
| Your states' deadlines and rules | Yes. Reviewed deadlines, IARD dates, cited rules | Not shown on their website. Depends on the engagement |
| Policies drafted for your firm | Yes. 17 policies drafted from your answers | Yes. Written or reviewed by the consultant |
| AI Marketing Rule review | Yes. Cites the rule and the page; a person approves | Yes. By a person, on their schedule |
| Code of ethics: gifts, OBAs, political | Yes. Gift limits measured for you | Not shown on their website. Depends on the engagement |
| Personal trading preclearance | Yes. Linked brokerage accounts; every trade checked daily | Not shown on their website. Depends on the engagement |
| MNPI register and insider lists | Yes. Daily SEC filing check; insiders auto-denied | Not shown on their website. Not shown on their site |
| Form U4, U5 and ADV amendment tracking | Yes. Each one dated by your strictest state | Yes. Often filed for you |
| IAR continuing education | Yes. Per IAR, against each of their states' rules | Not shown on their website. Depends on the engagement |
| SEC exam workspace | Yes. Request letter split into owned, dated items | Yes. Mock exams |
| Email archive and review | Yes. Included on Firm Plus | Not shown on their website. Not shown on their site |
| Anonymous whistleblower reporting | Yes. No account, IP or time stored | Not shown on their website. Not shown on their site |
| AI answers from your own policies | Yes. Ask Luna, on every paid plan | Not shown on their website. Not shown on their site |
| Separate deployment per firm | Yes. Its own app and database | Not shown on their website. Not shown on their site |
✓ yes ✕ no – not shown on an outsourced CCO's website when we read it, which is a statement about the website, not about what they may offer privately.
In detail
| Topic | Luna | an outsourced CCO |
|---|---|---|
| Annual cost | Free to $14,990 a year on annual plans, published. | $30,000 to $125,000 a year, per RegFin's 2026 compilation; most firms publish nothing. |
| Who is the CCO | You, or the person you name. Luna is software and is never your CCO. | The consultant can be named on Form ADV. |
| Day to day | Reminders, attestations, preclearance and reviews, as they happen, with the record kept. | Periodic calls, reviews and testing on the engagement's schedule. |
| Legal advice | None. Luna is not a law firm. | Depends on the firm; some are law firms. |
About an outsourced CCO: Outsourced CCO and compliance consulting firms provide a person or team to serve as or support your chief compliance officer: annual reviews, mock exams, manuals, filings and advice. Most do not publish prices. Sources, each read October 11, 2026: RegFin, RIA Compliance Consultant Costs & Services (2026). If something here is out of date, tell us at sales@lunacompliance.io and we will correct it.
Coming next in Luna
Luna ships every week. This is what is underway or next, so you are comparing against where it is going, not only where it is.
- 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.
Questions
- How much does an outsourced CCO cost?
- RegFin's 2026 compilation of published quotes puts it at $30,000 to $125,000 a year, with full-service engagements at large national firms above that. Most providers do not publish prices.
- Can Luna be my CCO?
- No. Rule 206(4)-7 requires a person to be designated. Luna gives that person the calendar, the reviews, the records and the exam workspace.
The program, run every day, at a published price.
All comparisons. Others: Luna vs COMPLY, Luna vs Smartria, Luna vs Hadrius, Luna vs Greenboard, Luna vs ACA Group, Luna vs StarCompliance, Luna vs MyComplianceOffice, Luna vs Smarsh, Luna vs Global Relay, Luna vs Red Oak, Luna vs Saifr.