Annual Renewal Season Is Around the Corner!
Need Help Keeping Your Firm
With our Annual Registration Service, our experienced professionals will review your RIA’s registration to ensure that your firm and all of its advisory persons maintain proper registration with the securities regulators. The U.S. Securities and Exchange Commission (“SEC”) and the North American Securities Administrators Association (“NASAA”) have reported that inconsistencies and disclosuresissues with Form ADV are among the top deficiencies noted in regulatory examinations.
AdvisorAssist brings its deep experience with the SEC and all of the 50 state securities regulators to each advisor engagement. As part of our annual review services, we perform a thorough review of your firm’s Form ADV1, ADV2A (“Disclosure Brochure”) and the Form ADV2B (“Brochure Supplement[s]”) for each of your advisory persons.
The AdvisorAssist Registration Renewal service includes:
|Client Geography Review. Review of your firm and investment advisor representative registrations against your client geography to determine notice filing and registration requirements.|
|Form ADV 1. Complete review and update of Form ADV Part 1A and Part 1B (State advisors).|
|Form ADV 2A. Complete review and update of Form ADV Part 2A to meet the requirements of the SEC and applicable state regulators. Cross reference ADV2A with ADV1, client agreements and business model documents.|
|Form ADV2B. Review and File Form ADV2B – the Brochure Supplement for your Investment Advisor Representatives (“IARs”). Ensure Brochure Supplements meet all state requirements.|
|Registration Requirements. Research and validate applicable SEC and/or state requirements for firm and advisory persons.|
|Calculation of Regulatory Assets. Assist with the proper calculation and support requirements for your RIA’s assets under management and the definition of a “Client” and “Account”.|
|State Supplemental Requirements. Assist with the preparation, review and filing of state specific requirements, including annual financial requirements, affidavits, fees, etc.|
|Liaison to Regulators. Responding to filing inquiries and manage questions or comments on registration materials.|
|Form U-4. Review Form U-4 for each Investment Advisor Representative for consistency with Form ADV2B and other requirements.|
|Annual Compliance Meeting. AdvisorAssist can support your CCO in conducting its annual training on compliance responsibilities, including Code of Ethics, Use of Technology, Information Security, Social Media and other critical policies.|
|SEC to State Transition. Are you a mid-size advisor that needs to transition from SEC to State regulation or vice versa? Leverage the experience of our professionals that are experienced in working with all 50 state regulators and U.S. territories.||Learn more|
|Ongoing Compliance and Regulatory Support. AdvisorAssist is here to support your ongoing compliance needs.||Learn more|