Which RIA Registration Service Is Right For You?
AdvisorAssist tailors its RIA Registration Services to meet the unique needs of each advisory firm and each situation. Unlike the the big-box compliance firms, we do not deliver a one-size-fits-all RIA structure. Our services and delivery approach are designed to help you focus on the most important part of building or transitioning your business – YOUR CLIENTS. AdvisorAssist will deliver the rest and get you off to a solid start.
We offer two suggested service offerings: RIA Registration Essentials™ and RIA Registration Advantage™ (details below). Of course, we are happy to develop a custom proposal for you as well.
|RIA Business Overview Consultation. Review planned business model and answer related questions on registration and compliance.|
|RIA Business Model Planning. Evaluate business model options, including services, investments and outsourcing solutions.||—|
|Registration Requirements. Research applicable SEC and/or State requirements for firm and advisory persons.|
|Filing Entitlements. Obtain access rights for the IARD and CRD systems managed by FINRA.|
|ADV Filing. Draft and file Form ADV Part 1A and Part 1B (for State Registrants). Unlimited changes to ADV filing for 1 Year.|
|Form ADV 2A – Plain English. Draft and file Form ADV Part 2A – Disclosure Brochure in a customized and advisor branded format.|
|State Requirements. Prepare state specific requirements for primary state, as applicable.|
|Liaison to Regulators. Responding to regulatory inquiries and manage and questions or comments to ensure timely registration.|
|Form ADV2B. Draft Form ADV2B – Brochure Supplement for Investment Advisor Representatives (“IARs”).||Up to 2 IARs*||Up to 5 IARs*|
|Form U-4. Draft and file Form U-4 for each Investment Advisor Representative.||Up to 2 IARs*||Up to 5 IARs*|
|Examinations. Assistance with scheduling of Series 65 or Series 66 exam, as applicable (File U-10 or U-4) for each Investment Advisor Representative.|
|Customized Compliance Policies and Procedures, including all applicable regulations for your firm. Includes:
|Code of Ethics. Customized Code of Ethics defining your firms personal trading, gifts and conflict of interest policies.|
|Business Continuity Plan. Review Advisor technology decisions, document management and contingency planning.|
|Customized Client Advisory Contracts. Separate custom contracts to match your offerings, including Investment Management and Financial Planning services, as applicable.|
|Investment Policy. Develop Investment Policy Statement and Client Suitability Tools and provide client engagement training.||—|
|Custodian Selection. Guidance and support in selecting the “Best-Fit” Custodian(s) for your firm.||—|
|Advertising Review. Review advisor advertising materials prepared during the engagement period. Develop disclosures for planned advertising materials.||—|
|Social Media Policy. Develop a social media playbook for your firm and advisory persons that includes: policies and procedures, attestations, “rules of the road” and more.||—|
|CCO Training. Complete training on compliance responsibilities, workflow and best practices for your Chief Compliance Officer and staff.||CCO||CCO and Staff|
|AdvisorAssist Resources™. Access to AdvisorAssist Resources™, our online advisor resource center for business, compliance and technology topics.||—|
|Newsletter and Email Alerts. Access to Advisor InSights™ newsletter and periodic email updates on relevant RIA topics.|
|Additional State Jurisdictions. Firms and advisory persons that conduct business in more than 1 state.||Additional Fees
|Ongoing Compliance and Regulatory Support. AdvisorAssist is here to support you after initial start-up.||View Compliance Services||View Compliance Services|
|* IARs with legal, regulatory or financial disclosure issues may be charged an additional fee.
** Excludes annual service fees and activation fees.
Please call us at (617) 800-0388, Option 1 or click here to discuss your specific situation and obtain pricing for complex situations. We customize our services to meet the unique needs of your firm.