The RIA Registration Advantage™ service provides you with expert assistance to get your new RIA firm up and running as quickly as possible, while covering all aspects of the RIA start-up process. RIA Registration Advantage™ includes all services in the RIA Registration Essentials service (SEC or State registration, design of your compliance program, design of your agreements, selection of your custodian, technology support, and training) plus unlimited business model support throughout the process. Our comprehensive services include:
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 5 IARs*
Form U-4. Draft and file Form U-4 for each Investment Advisor Representative.
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:
Core Supervisory Procedures
References to applicable rules
Customized by firm and jurisdiction
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 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.
Ongoing Compliance and Regulatory Support. AdvisorAssist is here to support you after initial start-up.