Thursday, January 2, 2014

FINRA - 2014 Final Renewal Statement

Happy New Year!

We hope you had a nice holiday season.

As the final step in the 2014 Renewal Fee process, AdvisorAssist is reviewing your accounts to ensure proper processing of your fees. If during the preliminary renewal process, we made additions to filings or removal of filings, there are adjustments that will need to be made to your account. You may have an additional balance due by January 10, 2013 or be due a refund.

You may have received the following generic notice from FINRA. We will inform or any action required as soon as we review your account this week.


Your firm's Final Renewal Statement, which reflects the final registration statuses of your investment adviser firm and representatives as of December 31, 2013, is now available in IARD. Adjustments resulting from registration approvals or terminations subsequent to the posting of the Preliminary Renewal Statement on November 11, 2013, have been made in this final, reconciled statement. Retrieve your online statement by logging onto IARD and selecting the Renewal Statement link from the Accounting section of the site map.

Please note the following with respect to your statement:

  • If your firm's Final Renewal Statement reflects 'Paid in Full' and the 'Amount Due' is $0, then either:
    • your firm is not required to submit any additional payment because no adjustments were made after the Preliminary Renewal Statement; or
    • your firm overpaid its renewal fees and the funds were transferred to your firm's FINRA Flex-Funding Account, which you can verify in your firm's Flex-Funding Account Transfer Detail. You may request a refund or leave the funds in your Flex-Funding Account for future registration-related fees.
  • If you have an amount due, your payment must be received by FINRA and posted to your Renewal Account by January 10, 2014. Visit the IARD website for detailed renewal payment instructions.
  • If your firm has any renewal discrepancies, you should report them in writing to FINRA.

For complete renewal information, visit the IARD Renewal Program Web page and review the IARD Renewal Program Bulletin. If you have questions, please contact the IARD Call Center at (240) 386-4848 or email iard@finra.org.

The IARD Renewal Program facilitates the annual renewal of IA firms and their representatives' registrations with jurisdictions/states. As the operator of IARD, FINRA collects the renewal fees of electronic IA filers on behalf of the jurisdictions. Important note to SEC-registered IA firms: The IARD Renewal Program does not include fees associated with your firm's SEC registration.

Problems logging onto IARD?
If you have not logged onto IARD in the past 120 days, your password has expired. To obtain a new password, select the Forgot Password? link on the login screen and a new password will be emailed to you.

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