Identify and mitigate your most complex risk
Effective risk management supports profitability, productivity, value creation and long-term success. Yet navigating a business environment marked by rising costs, rapid technological change and a tightening labor market makes managing risk more complex than ever.
Wipfli’s risk advisory services provide comprehensive support to help organizations reduce exposure while advancing business strategies and sustainable growth.
Support that goes beyond silos
Risk no longer lives within a single department or function. Leaders today must address risk holistically, across operations, teams, people, systems and processes.
That’s why our team brings an integrated approach to risk advisory, aligning strategic insight with specialized knowledge and the right tools to help address internal control and compliance needs throughout your organization.
Proactive, ongoing risk insight
Early risk identification helps organizations pursue growth without sacrificing stability.
Wipfli takes a proactive, year-round approach to risk advisory that extends beyond the audit cycle. Our team remains engaged and accessible, helping address issues before they escalate. Through ongoing guidance, strategic roadmaps and actionable insights, we support effective management of risk and compliance.
Compliance and strategic value
Organizations today face mounting pressure as regulatory requirements evolve, and keeping pace with change can strain even the most mature compliance program.
Wipfli helps you confidently meet baseline requirements while looking beyond them to build a more strategic, resilient approach to risk management. Our risk advisory services are reinforced by our extensive industry experience and a wide range of advisory support, helping us connect requirements to operations and deliver insights to impact performance and efficiency.
Explore our risk advisory services
Regulatory risk and compliance
As technology and compliance grow more complex, your organization’s risk increases. Let Wipfli help you enhance regulatory preparedness with tailored support ranging from internal audits and quality assurance reviews to compliance assessments for PCI, ISO 27001, HITRUST and RMAI standards.
Forensic advisory services
Wipfli’s forensic services team is ready to help your organization get the factual evidence you need for litigation, damage analysis and investigations. Our forensic accounting and digital forensics services can also help you identify and quantify the effects and costs of fraud.
Technology risk advisory
Wipfli can help ensure your organization adopts the latest innovations safely. Our team helps you mitigate your technology risks and manage regulatory compliance with support for critical areas including cybersecurity, data privacy and SOC examinations.
Internal controls advisory services
Protect your assets, increase efficiency and maintain compliance with Wipfli’s internal control services. Our range of industry experience can help your organization gain insight into your risks and the controls you need to manage them effectively.
ESG services
Put your ESG and sustainability strategy into action with Wipfli’s comprehensive services. Our team is ready to provide support for all aspects of ESG and sustainability, from developing a practical strategy to reporting and attestation.
Fraud investigation and litigation support
Even the most secure environment can carry fraud risks. Wipfli’s fraud team brings our experience in litigation and dispute support to help your organization identify, address and even prevent fraud.
Governance risk and controls
Wipfli’s governance advisory services help you balance regulations, sustainability and transparency with your long-term goals.
Operational risk management services
Identify, prioritize and mitigate risk in a way that’s aligned with your organization’s objectives. Our operational risk management services are ready to help you be strategic about managing the risks you face daily.
What our clients are saying
Why Wipfli?
With over 190 risk advisory specialists, Wipfli delivers both the technical breadth and the sector-specific depth required to help you mitigate risk effectively.
We focus on relationships and continuous support — not isolated engagements. Our team works to understand your organization and how risk considerations intersect with operations, helping uncover opportunities to strengthen processes and support organizational resilience.
Drawing on deep industry insight, our professionals help translate evolving regulatory and control requirements into practical, actionable guidance that fits your organization. From advising on new standards to supporting meaningful discussions at the board and leadership level, we deliver consistent, comprehensive services that help organizations capture the full value of proactive, effective risk management.
Our team
Sarah K. Williams, CPA
With a particular interest in long-term sustainability, Sarah focuses on the risks and opportunities that environmental, social and governance (ESG) presents. She helps provide clients with fund structuring, audit and tax compliance, SEC custody rule examinations, consulting and cybersecurity.
Durward J. Ferland, Jr., CISA, CISM, CRISC
Durward has extensive knowledge of System and Controls (SOC) auditing and the Control Objectives for Information and Related Technology (COBIT). Leveraging over 18 years of IT experience, he also regularly performs IT audits, IT general control reviews, and readiness assessments for organizations across many industries.
Carrie Connell, CPA
Carrie Connell began her career in audit in 2003 and today works in our risk advisory group with clients primarily in the financial services industry. She is experienced in both public and nonpublic financial statement audits, employee benefit plan audits, regulatory compliance audits and fraud and forensic accounting. On numerous occasions, Carrie has assisted de novo institutions in transitioning from an organizational stage to fully operational companies. She specializes in administering and performing Sarbanes-Oxley Section 404 compliance for accelerated filers and smaller reporting companies, FDICIA compliance and operational and financial internal audits.
Risk advisory services FAQ
What are risk advisory services?
Risk advisory services help organizations identify and manage threats to their compliance, operations or reputation. With risk advisory support, organizations get specialized guidance on building risk management frameworks, strengthening internal controls and meeting regulatory compliance.
Which risk advisory services does Wipfli provide?
Wipfli provides comprehensive risk management advisory services, including supporting your organization with:
- Regulatory risk and compliance, including services for internal audits, PCI, ISO 27001, HITRUST, financial risk consulting and quality assurance reviews.
- Governance, risk and controls, including support for designing and implementing enterprise risk‑management frameworks, data privacy, ESG and sustainability oversight, GDPR and board-level governance support.
- Internal controls, including support for SOX, internal audits and IT general and application controls.
- Operational risk management services that can guide you with policy, procedure and program development.
- Technology risk advisory, including cybersecurity assessments, data privacy reviews, SOC examinations (including SOC 1, SOC 2, SOC for cybersecurity and SOC for supply chain), digital forensics, IT general controls, application controls and IT audits.
- Forensic advisory and fraud investigation, including services for forensic accounting, digital forensics, fraud investigations, litigation support, damage quantification and dispute management.
- ESG services that can support you with sustainability strategy development, ESG reporting, attestation, policy design and program implementation.
Does Wipfli offer specialized risk advisory for areas like operational risk, technology risk, ESG compliance and governance?
Wipfli offers specialized risk advisory services in areas including:
- Operational risk
- Technology risk
- ESG compliance
- Governance, risk and controls
Wipfli can also help you manage risk in highly regulated industries, including financial institutions, financial services, construction, tribal governments and nonprofits.
How does Wipfli integrate technology risk assessments and cybersecurity into its offering?
Wipfli integrates a wide range of risk assessments into our offerings, including:
- Regulatory and compliance risk assessments, such as HITRUST gap assessments and ISO 27001 readiness.
- Technology risk assessments, such as SOC readiness and technology readiness assessments
- Operational and internal controls risk assessments
- SOX (Sarbanes‑Oxley) compliance assessments
- Internal compliance reviews
We also help manage your technology risk with cybersecurity threat assessments and health checks that help you determine how you measure up to frameworks like NIST, as well as identify potential gaps in your cybersecurity program.
Ready to get started? See how we can help you reduce your risk profile.
Adaptable, effective compliance
Wipfli helped one bank transform their compliance program so that they could keep pace with changes and earn recognition from regulators.
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