This session will also review the method of calculating “regulatory assets under management (RAUM),” and provide guidance on correlating the information reported in Form ADV Part 1 to disclosures in Form ADV Part 2.
In addition to a detailed overview of Form ADV Part 1, Schedule D, and applicable Form ADV Part 1 Instructions, instructors will help you fully understand Annual Amendment filing requirements, appreciate the meaning of certain key words and terms, and avoid making common mistakes.
After you pay the initial filing fee, you must pay an annual filing fee each time you file your annual updating amendment. This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].
It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly.
You must file all amendments to Part 1A of Form ADV and Part 2A of Form ADV electronically with the IARD, unless you have received a continuing hardship exemption under § 275.203-3.
You are not required to file with the Commission amendments to brochure supplements required by Part 2B of Form ADV.
Course Description: Inaccurate and/or inadequate Form ADV disclosures are consistently cited in the SEC's and many states' list of “Top Deficiencies.” In this session, experts will systematically walk through Form ADV Part 1 and examine disclosure requirements that impact all advisers and those that impact private fund advisers.Form ADV is filed electronically on the Investment Adviser Registration Depository (“IARD”) System.As was the case in past years, the annual update filing must be made within 90 days of the adviser’s fiscal year-end and should update responses to all items answered on Form ADV (“Annual Updating Amendment”). SEC-registered investment advisers pay a fee determined by the adviser’s regulatory assets under management for filing their Annual Updating Amendments.You must submit payments to IARD by electronic payment via E-Bill, wire transfer, automatic Flex-Funding Account-to-Renewal Account transfer, or check.
If you pay by check, you will need to include a copy of the first page of your Preliminary Renewal Statement with your payment to FINRA.Learning Objectives: After attending this course, attendees should be able to: For Whom: Designed to increase the professional competence of investment adviser professionals with legal, compliance and management responsibilities Suggested Skill Level: Basic Instructional Method: Group - Internet Based and Group Live Pre-requisites for participation: No prerequisites are required.