Richey May
SOC 2 Auditor (CPA Firm)
Location: Englewood, CO, US
Key Facts
- Pricing:
- Custom quote
- Timeline:
- 4-8 weeks
- Platforms:
- Drata
- Best For:
- SMB, Mid-Market
- Industries:
- SaaS, Technology, Financial Services, +2 more
- Readiness:
- Audit readiness / gap assessment offered
Richey May is based in Englewood, CO. They work with SMBs and mid-market companies. They offer audit readiness assessments and primarily serve clients in SaaS, Technology, and Financial Services.
Richey May provides attest services through Richey, May & Co., LLP, an AICPA-member CPA firm that undergoes triennial Peer Review and has received the highest attainable results. They specialize in SOC 1 and SOC 2 reports for alternative investment, mortgage banking, and technology firms, with Drata partnership for streamlined evidence collection.
Audit Types
Industries Served
Company Size Focus
Pricing
Custom quote
Typical Timeline
4-8 weeks
Compliance Platforms
Richey May commonly works with clients using Drata.
Trust Signals
- CPA firm (Richey May & Co. LLP)
- Founded 1985
- US-based
- AICPA member
- Drata partner
- Highest Peer Review results
Who Richey May May Be a Fit For
Based on Richey May's experience and focus areas, these buyer profiles are likely a strong fit. Confirm details directly with the firm before making a decision.
- Companies in SaaS, Technology, Financial Services, Alternative Investments, Mortgage Banking looking for a auditor with sector-specific experience.
- SMB and Mid-Market organizations that want a auditor experienced with companies at their stage and budget level.
- Teams using Drata who want a auditor already familiar with their compliance tooling.
- Companies pursuing an initial SOC 2 Type I report or a full Type II audit.
What to Evaluate Before Engaging This Auditor
Before signing an engagement letter with any SOC 2 auditor, take time to verify the following. These factors apply broadly but are worth confirming for each firm on your shortlist.
Credentials and Standing
Confirm the firm holds an active CPA license in good standing. Only licensed CPA firms can issue SOC 2 reports.
Scope and Deliverables
Clarify what the engagement includes: readiness assessment, gap remediation support, the audit itself, and the final report. Understand what falls outside the scope.
Timeline and Availability
Ask for a written timeline from kickoff through report delivery. Understand the observation period requirements and how auditor capacity could affect scheduling.
Pricing Transparency
Ask whether fees are fixed or billed hourly, what triggers additional charges, and whether the quote includes all phases of the engagement.
Read more: How to choose a SOC 2 auditor · SOC 2 audit cost guide
Questions to Ask Richey May
Use these practical questions during an introductory call to evaluate fit, scope, and working style.
- How many SOC 2 audits does your team complete per year?
- What is your experience auditing companies in SaaS?
- How do you work with clients using Drata?
- Is pricing fixed-fee or time-and-materials?
- What is the expected timeline from kickoff to report delivery?
- Do you offer readiness assessments or gap analyses?
- Who will be my day-to-day point of contact?
- Can you share a sample engagement letter or report?
See all recommended questions: Questions to ask your SOC 2 auditor →
About Richey May and SOC 2 Audits
- What types of SOC 2 audits does Richey May offer?
- Richey May offers SOC 2 Type I and SOC 2 Type II audit services. The firm can handle first-time engagements (Type I) and audits that test whether controls operated effectively over a defined period (Type II).
- What industries does Richey May have SOC 2 experience in?
- Richey May serves clients in SaaS, Technology, Financial Services, Alternative Investments, and Mortgage Banking. Sector-specific experience helps an auditor identify the controls relevant to your industry and anticipate regulatory overlaps, such as HIPAA or PCI DSS, during scoping.
- What size companies does Richey May work with?
- Richey May works with SMB and mid-market companies. An auditor matched to your company stage is more likely to scope the engagement correctly and offer pricing that fits your budget.
- Does Richey May work with compliance platforms like Drata?
- Yes. Richey May has experience with clients using Drata. Working with an auditor who already knows your platform means less time explaining your evidence workflow and fewer back-and-forth requests for documentation.
- Does Richey May offer SOC 2 readiness assessments?
- Richey May offers audit readiness support. A readiness assessment flags control gaps before the formal audit, so you can fix issues on your own timeline rather than scrambling during fieldwork.
- What is Richey May's pricing model?
- Richey May uses a unknown pricing model. Contact the firm directly for a quote tailored to your scope and company size.
- How long does a SOC 2 audit take with Richey May?
- Richey May's typical timeline is 4-8 weeks. Actual duration depends on audit type, company readiness, and the observation period for Type II engagements. Before signing, ask for a written timeline with milestones for readiness, observation, fieldwork, and report delivery.
- Where is Richey May located?
- Richey May is headquartered in Englewood, CO. SOC 2 engagements are typically conducted remotely, so industry experience and platform familiarity matter more than physical location, though overlapping time zones can make coordination easier.
- How do I know if Richey May is the right SOC 2 auditor for my company?
- Start by comparing Richey May's industry experience, platform support, and pricing against at least three other firms. Ask each firm for references from companies similar to yours in size and sector. For any auditor, confirm active CPA licensure and request a sample engagement letter. Finally, verify that their proposed timeline aligns with your compliance deadline.
- What makes Richey May different from other SOC 2 auditors?
- Richey May specializes in SaaS and Technology companies and integrates with Drata, giving them a narrower focus than most general-practice audit firms. That specialization typically translates to more accurate scoping and faster fieldwork.
- Is Richey May a good fit for a first-time SOC 2 audit?
- Richey May works with SMB, Mid-market companies. For first-time audits, ask whether the firm offers a readiness assessment, what the typical Type I timeline looks like, and whether they can guide you through control design before formal testing begins.
- How does Richey May's pricing compare to other SOC 2 auditors?
- Richey May's listed pricing is Custom quote. SOC 2 audit costs vary based on audit type, scope, company size, and whether readiness work is included. Request line-item proposals from multiple firms to make an informed comparison.
Richey May vs Other SOC 2 Auditors
This table shows how Richey May stacks up against other SOC 2 auditors across pricing, audit timeline, industry specialization, and platform compatibility.
| Firm | Industries | Company Sizes | Platforms | Pricing | Timeline |
|---|---|---|---|---|---|
| Johanson Group | SaaS, Technology, Financial Services | SMB, Mid-market | Drata, Vanta, Secureframe, Sprinto | Custom quote | 4-6 weeks |
| Linford & Company | SaaS, Technology, Financial Services | SMB, Mid-market, Enterprise | Drata, Secureframe | Custom quote | Varies |
| 360 Advanced | SaaS, Technology, Financial Services | SMB, Mid-market, Enterprise | Drata | Custom quote | Varies |
| A-LIGN | SaaS, Technology, Financial Services | SMB, Mid-market, Enterprise | Drata, Hyperproof, Secureframe, Vanta | Custom quote | 6-8 weeks |
| AARC-360 | SaaS, Technology, Financial Services | SMB, Mid-market | Drata, Hyperproof | Custom quote | Varies |
Best SOC 2 Auditor for SaaS
SaaS companies
Richey May audits saas companies and is familiar with the compliance requirements and risk areas common in this sector.
Technology companies
Richey May audits technology companies and is familiar with the compliance requirements and risk areas common in this sector.
Financial Services companies
Richey May audits financial services companies and is familiar with the compliance requirements and risk areas common in this sector.
SMB organizations
Experienced working with smb companies, with scoping and pricing appropriate for that company stage.
Mid-Market organizations
Experienced working with mid-market companies, with scoping and pricing appropriate for that company stage.
Drata users
Richey May is familiar with Drata's evidence collection, automated testing, and audit-ready workflows.
How Much Does Richey May Charge for a SOC 2 Audit?
SOC 2 audit pricing depends on engagement scope, audit type, and firm. Here is what we know about Richey May's pricing and the factors that affect cost.
- Pricing model
- unknown
- Readiness assessment
- Available
Factors that affect SOC 2 audit cost
Audit type
Type I audits (point-in-time) are generally less expensive than Type II audits (operating effectiveness over 3 to 12 months).
Company size and complexity
Larger companies with more systems, employees, and data flows require broader audit scope and more evidence collection.
Industry and regulatory overlaps
Industries with additional frameworks (HIPAA, PCI DSS, FedRAMP) often require expanded scoping and cross-mapping.
Readiness assessment
Some firms bundle a readiness gap analysis; others charge separately. A readiness phase can reduce surprises during fieldwork.
Compliance platform usage
Using platforms like Drata, Vanta, or Secureframe can reduce evidence collection time, which may lower auditor fees.
Timeline urgency
Fast-track or expedited audits often carry premium pricing due to scheduling and resource allocation constraints.
For a detailed breakdown: How much does a SOC 2 audit cost?
SOC 2 Auditors Similar to Richey May
Johanson Group
Colorado Springs, CO
Johanson Group is a Colorado-based CPA firm specializing in SOC 1, SOC 2, SOC 3, ISO 27001, and HIPAA audits with a three-step process and reports delivered within four to six weeks.
Linford & Company
Denver, CO
Linford & Company is a Denver-based CPA firm comprised of former Big Four auditors specializing in SOC 2, HIPAA, FedRAMP, and HITRUST assessments. 90% of their work consists of SOC 2 audits.
360 Advanced
St. Petersburg, FL
360 Advanced provides cybersecurity assessments, risk management, and SOC 2 audit services for organizations in healthcare, finance, and government sectors requiring cybersecurity and compliance measures.
A-LIGN
Tampa, FL
A-LIGN is a technology-enabled cybersecurity compliance firm and the number one global issuer of SOC 2 reports, having completed over 16,000 audits since its founding in 2009.
AARC-360
Atlanta, GA
AARC-360 is a PCAOB-registered CPA firm headquartered in Atlanta that provides assurance, advisory, risk, and compliance services. The firm specializes in SOC 1, SOC 2, and SOC 3 reporting alongside IT risk advisory and cybersecurity assessment services.
Aprio
Atlanta, GA
Aprio, founded in 1952, is a Top 25 U.S. public accounting firm with 1,900+ team members serving clients in 50+ countries. Aprio is one of the few firms offering ISO, SOC reporting, HITRUST, PCI DSS, CMMC, FedRAMP, and WebTrust from a single provider.
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