Richey May

SOC 2 Auditor (CPA Firm)

Location: Englewood, CO, US

Works with DrataAudit readiness support offered

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

SOC 2 Type ISOC 2 Type II

Industries Served

SaaSTechnologyFinancial ServicesAlternative InvestmentsMortgage Banking

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.

Richey May compared with other SOC 2 audit firms
FirmIndustriesCompany SizesPlatformsPricingTimeline
Johanson GroupSaaS, Technology, Financial ServicesSMB, Mid-marketDrata, Vanta, Secureframe, SprintoCustom quote4-6 weeks
Linford & CompanySaaS, Technology, Financial ServicesSMB, Mid-market, EnterpriseDrata, SecureframeCustom quoteVaries
360 AdvancedSaaS, Technology, Financial ServicesSMB, Mid-market, EnterpriseDrataCustom quoteVaries
A-LIGNSaaS, Technology, Financial ServicesSMB, Mid-market, EnterpriseDrata, Hyperproof, Secureframe, VantaCustom quote6-8 weeks
AARC-360SaaS, Technology, Financial ServicesSMB, Mid-marketDrata, HyperproofCustom quoteVaries

Best SOC 2 Auditor for SaaS

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

Compare Alternatives to Richey May

Evaluating multiple SOC 2 auditors helps you compare pricing, timelines, and industry expertise. These firms serve a similar market.

Browse by Category

SOC 2 Guides for Auditor Selection

  • SOC 2: Drata vs Vanta

    Compare Drata and Vanta for SOC 2 compliance automation, including features, pricing, integrations, and which platform fits your company best.

  • SOC 2: Drata vs Secureframe

    Compare Drata and Secureframe for SOC 2 compliance. Understand the differences in audit workflows, personnel compliance, and control management.

  • Best SOC 2 Compliance Platforms (2026)

    Compare SOC 2 compliance platforms including Vanta, Drata, Secureframe, and Sprinto. Features, pricing, and how to choose the right tool.

  • SOC 2 for AI Companies

    SOC 2 compliance for AI and machine learning companies. Covers Trust Services Criteria, AI-specific controls, model governance, and audit preparation.

  • SOC 2 Readiness Checklist

    Prepare for your SOC 2 audit with this readiness checklist covering security policies, access controls, logging, vendor management, and incident response.

Get cited where buyers research

Premium firms receive priority placement across the directory and enhanced visibility in search and AI answer engines. Top Visibility includes a co-authored spotlight article and editorial distribution.

Is this your firm?

If you work at Richey May, claim this profile to verify your listing, update your details, and reach more prospective clients.