Risk3sixty vs Schellman
How two SOC 2 audit firms compare on price, timeline, framework coverage, and fit — and how to decide between them.
| Risk3sixty | Schellman | |
|---|---|---|
| Typical price | $15K–$45K | $30K–$150K |
| Type 2 timeline | 7–16 weeks | 10–24 weeks |
| Firm tier | Boutique | National firm |
| Frameworks | SOC 2 Type 1, SOC 2 Type 2, ISO 27001, HIPAA, PCI DSS | SOC 1, SOC 2 Type 1, SOC 2 Type 2, ISO 27001, HIPAA, PCI DSS, GDPR |
| Industry focus | SaaS, Fintech, Healthcare, AI / ML | SaaS, Fintech, Healthcare, AI / ML, GovTech |
| Regions | United States, Global | United States, United Kingdom, European Union, Global |
| AICPA-licensed | Yes | Yes |
| Headquarters | Atlanta, Georgia | Tampa, Florida |
How Risk3sixty and Schellman differ
On price, Risk3sixty typically comes in lower ($15K–$45K) than Schellman ($30K–$150K), though scope drives the final quote. Schellman covers more frameworks (7 vs 5), which matters if you want to bundle SOC 2 with ISO 27001, HIPAA, or PCI under one engagement. They also sit in different tiers — Risk3sixty is boutique, Schellman is national firm — which shapes the price, process, and brand recognition on the report.
Risk3sixty strengths
- ✓Combines GRC advisory with attestation via registered CPA arm
- ✓Multi-framework coverage incl. ISO 42001 for AI
- ✓Experience across 2,000+ framework projects
Schellman strengths
- ✓Licensed CPA firm registered with the PCAOB
- ✓Broad accreditation portfolio: SOC, ISO, PCI, HITRUST, FedRAMP, CMMC
- ✓Large-scale assessor handling thousands of engagements per year
Which should you choose?
Lean toward Risk3sixty if budget is the priority and its scope fits; lean toward Schellman if you want the broadest framework coverage in a single engagement. Schellman additionally brings GovTech experience that Risk3sixty does not list. Both are AICPA-licensed, so either can issue a report your customers will accept — the fastest way to decide is to get quotes from both on identical scope.
Frequently asked questions
Is Risk3sixty or Schellman cheaper for SOC 2?
Risk3sixty typically ranges $15K–$45K and Schellman $30K–$150K. On typical midpoints, Risk3sixty tends to be the lower-cost option, but neither publishes fixed pricing, so a scoped quote from each is the only reliable comparison.
Which covers more frameworks, Risk3sixty or Schellman?
Schellman lists more frameworks (SOC 1, SOC 2 Type 1, SOC 2 Type 2, ISO 27001, HIPAA, PCI DSS, GDPR), which is an advantage if you plan to bundle SOC 2 with other assurance standards.
Are Risk3sixty and Schellman both AICPA-licensed CPA firms?
Yes. Both Risk3sixty and Schellman are AICPA-licensed CPA firms, which is required to issue a SOC 2 report. Either firm's report carries the same recognition with your customers.