A copy of our disclosure document,
Form ADV Brochure Part 2, is available upon request.
What's more, the robo-advisors face no artificial contraints of time or money, meaning they can not only fulfill the letter of the Investment Advisors Act (providing
Form ADV Parts 1 and 2, among other things), they can transcend it by providing more robust disclosures and investor-education content.
Finally, the registered investment advisor must describe his or her code of ethics in
Form ADV Part 2A, item 11, while also offering to provide a written copy upon request to prospects and clients.
Form ADV, Part 2A, also called a "Brochure," requires firms to answer 18 items in a prescribed order.
17 billion, to be more exact--in assets under management when it filed its latest
Form ADV with the Securities & Exchange Commission on June 29.
There are 18 items in this new Part 2A of
form ADV.
SEC registration process - introduction to SEC
Form ADV and just adopted amendments
All financial planners who have registered as investment advisers with the Securities and Exchange Commission or state securities agencies, or who are associated with a company that is registered as an investment adviser, must be able to provide you with a disclosure form called
Form ADV Part II or the state equivalent of that form.
Representatives providing active management and/ or advice should either be registered as IARs or, if they are registered as an IAR, should have an advisor agreement in place and fulfill other requirements, such as delivering their
Form ADV.
The SEC'S proposal is for sweeping
Form ADV revision.
Remember, too, that most planners must file a
Form ADV with federal regulators.
Only then do you ask to see the adviser's
Form ADV Part II, a disclosure document required by the Securities and Exchange Commission and available to all investors that provides such information as a business history and sanctions by regulators.
