A Seamless Transition To/From the SEC

Need assistance moving to or from SEC registration?

Our experienced team has registered hundreds of firms with the U.S. Securities and Exchange Commission (“SEC”) and every one of the State Securities Regulators. We can assist with all aspects of the transition from filings to the redesign of your compliance program to the training your team.

SEC to State Transition

AdvisorAssist has extensive experience working with each of the state regulators. We have successfully completed thousands of registrations with the various state examiners. Our experience with the securities regulations, expectations and nuances of each state will make your transition as smooth as possible.

As each state has its unique requirements, you cannot simply pay the registration fees and file your SEC Form ADV. AdvisorAssist will work closely with you to gain a thorough understanding of your business practices, target clients, and other unique aspects of your business.

State to SEC Transition

For those firms that now meet SEC registration guidelines, AdvisorAssist will ensure proper registration with the SEC and development of a new compliance framework pursuant to the Investments Advisers Act of 1940 (the “Advisers Act”). The SEC does not review your registration extensively upon initial filing. It is your responsibility to ensure that your firm meets all applicable guidelines and has proper disclosures and controls.

SEC < > State Transition Services

RIA Business Transition Consultation. Develop transition strategy to ensure timely compliance and risk mitigation while managing costs.
Regulatory Requirements. Provide guidance and prepare specific requirements for your firm.
Filing Entitlements. Obtain access for the IARD and CRD systems managed by FINRA.
Form ADV 1 Update. Review, update and file Form ADV Part 1A. Prepare ADV Part 1B (if applicable.)
Form ADV 2A. Review existing Form ADV Part 2A and enhance to meet specific requirements and preferences.
State Requirements. Prepare state specific requirements for primary state, as applicable.
Liaison to Regulators. Responding to regulatory inquiries and managing questions or comments to ensure timely registration.
Form ADV 2B. Review existing Form ADV Part 2B for each Investment Advisor Representative and enhance to meet state-specific requirements and preferences.
Form U-4. Review Form U-4 each Investment Advisor Representative to ensure accuracy and consistency with ADV 2. Review jurisdictions.
Compliance Program Review. Review Compliance Policies and Procedures to ensure adherence to applicable regulations, including:

  • Written Supervisory Procedures
  • Code of Ethics
  • Client Privacy Policy
  • Business Continuity Plan
  • Social Media Policy
Client Advisory Contracts. Review Client Advisory Contracts for adherence to applicable regulations, including fee billing and custody. Enhance or replace as appropriate.
Advertising Review. Advertising Review of website and firm presentations to ensure adherence to applicable regulations.
Compliance Training. Chief Compliance Officer training on compliance responsibilities

To discuss your unique situation, you may request information on our services by completing the form on this page or call us at 866.513.4042.