Compliance meeting memos for financial advisors

The idea

Registered investment advisors are required by regulators to document client meetings — recommendations made, why they were suitable, what disclosures were given. Most advisors do this badly: a half-remembered paragraph typed into the CRM two days later, which is exactly what an SEC examiner picks apart. Meanwhile the market has already voted that generic AI meeting notes are a commodity; people pay around $14/mo for tools that produce a friendly recap and action items.

The wedge is the artifact, not the transcription. A recap is worth $14; a memo structured for compliance review — suitability rationale, disclosures noted, immutable once locked, filed to Wealthbox or Redtail automatically — is worth $50-100/mo because it reduces regulatory exposure. Generic note-takers will never learn FINRA formatting or push to advisor CRMs, and that gap is the business.

Who pays

The buyer is the solo RIA or small-firm advisor, often nudged by their compliance consultant. Charge $59/mo per advisor ($89 with CRM sync) on a monthly subscription — trivial next to the cost of a deficiency letter. Distribute through compliance consultants who advise hundreds of RIAs, XYPN and advisor Facebook groups, and SEO on terms like advisor meeting documentation requirements.

MVP scope

• Upload or link a recording; Whisper transcription pipeline
• Claude-generated memo in a fixed compliance template with editable sections
• Lock-and-timestamp flow that makes finalized memos immutable
• Wealthbox and Redtail push as a note on the client record
• Compliance flag panel highlighting risky language in the call
• Skip for v1: live meeting bots, calendar integration, multi-advisor firm roles, custom memo templates

Build AdvisorMemo, a web app that turns advisor-client call recordings into compliance-ready meeting memos. Stack: Next.js (App Router) on Vercel, Supabase for auth, Postgres, and file storage, Whisper API for transcription, Claude API for memo generation.

Core flow: advisor uploads a recording or pastes a Zoom/Teams cloud recording link on the dashboard. Server action stores the file in Supabase Storage, transcribes with Whisper, then sends the transcript to Claude with a structured memo template: meeting date and attendees, topics discussed, recommendations made, rationale and suitability notes, disclosures mentioned, action items, and follow-up date. Output renders in a review screen where the advisor edits any section before locking it. Locked memos are immutable and timestamped for audit trail purposes.

Pages: dashboard (memo list with client filter), upload/record page, memo review editor, client detail page, settings with CRM connection. Ship Wealthbox and Redtail push via their REST APIs; a locked memo files as a note on the matching client record.

Non-obvious details: run a second Claude pass that flags compliance risks in the transcript (performance guarantees, unsuitable product mentions) and lists them in a Flags panel on the review screen. Store the original transcript hash alongside the memo so edits are auditable.

Pricing: $59/mo solo advisor, $89/mo with CRM sync, 14-day trial, Stripe billing.