Thursday, April 28, 2016

Reminder - 4/29 is the ADV Delivery Deadline

Reminder - Friday April 29, 2016 is the deadline for the ADV delivery!

Advisors with a December 31st year have have 90 days following their fiscal year end to deliver/offer their ADV.

The SEC allows an offer of the ADV instead of full delivery as long as there is a full delivery of the summary of material changes of the ADV along with an offer to receive the full ADV2 at no cost to the client. Most states follow the SEC regulations. Some states have only a delivery requirement. However, you must not only follow the rules of your home state, but also the rules where the client resides.

Please contact with any questions.


Post a Comment