Beginning Monday, November 21, 2005, investment advisor firms can access their 2006 Preliminary Renewal Statements via their IARD account. The Preliminary Renewal Statement must be paid, in full, by Wednesday, December 14, 2005. Because it takes approximately two days for payment to post to the IARD account, the funds should arrive no later than Monday, December 12, 2005, to ensure the money is posted to your IARD account by the 14th.
Category Archives: IARD
IA Branch Office Registration
October 31, 2005
Does your investment advisor firm have an office location in a state that requires branch office registration? If so, have all of your office locations been properly reported to the appropriate state regulatory office? Depending on whether your firm is SEC or State registered, your firm may need to register its investment advisor office locations in states that require such filings. These requirements are in addition to reporting office locations on the ADV Part I.
IARD Renewals for 2006
September 05, 2005
Now is the time to start planning for the 2006 renewal season. The NASD recently released its 2006 IARD Annual Renewal Program Calendar. While the 2006 Renewal Bulletin and full instructions have not been released yet, investment advisor firms should refer to the calendar now in order to begin planning for the upcoming renewals. According to the calendar, Preliminary Renewal Statements will be available on November 21 and payment must be submitted no later than December 12. The full amount of the Preliminary Renewal Statement must be paid at that time. Firm and representative licensing changes that take place after November 21 and before the system shutdown date of December 21 will be reflected on the Final Renewal Statement.
A common question asked by many advisors during the registration process is whether the firm needs to file the Form ADV Part II with the appropriate regulator.
