The term Registered Investment Adviser (RIA) is used to describe an Investment Adviser who is registered with the Securities and Exchange Commission or a state’s securities agency. The term has been popularized due to its use within the Investment Advisers Act of 1940 and its association to the term “Investment Advisor” (IA) (spelled “Investment Adviser” in U.S. financial law). An IA is defined by the Securities and Exchange Commission as an individual or a firm that is in the business of giving advice about securities.
Individuals or firms that receive compensation for giving advice on investing in securities such as stocks, bonds, mutual funds, or exchange traded funds are deemed to be investment advisers. It is also common for investment advisers to manage portfolios of securities. RIAs generally are paid in any of the following ways: a percentage of the value of the assets they manage for clients, an hourly fee, fixed fee, a commission on the securities they sell (if the adviser is also a broker-dealer)
Registered Investment Adviser (RIA) registration includes:
› Complete comprehensive IA questionnaire outlining all pertinent aspects of firm’s business
› Incorporation of IA entity (LLC formation)
› Complete and file Form ADV Part I (including Part’s IA, Schedule A, B, C and D, and DRP if applicable)
› Prepare and file Form ADV Part II the “Brochure”
› Prepare and file Form U-4 registering initial investment adviser representative
› Provide required documents specific to state regulator requirements tailored to firm’s business:
› Investment advisory agreement
› Compliance manual
› Code of ethics
› Business continuity plan
› Initial/initial annual personal holdings report
› Quarterly transaction report
› Serve as your liaison with securities regulator
Contact us for pricing.
Full payment is required up-front . Payments can be made in U.S. Dollars ($). Our preferred form of payment is bank wire transfer, banking details will be provided on request. Once payment has been received in full the client questionnaire will be sent via email.