Form ADV Changes Are Around the Corner – Are You Ready?

Last August the U.S. Securities and Exchange Commission (“SEC”) issued a final rule expanding the information required on Form ADV.  All investment advisers making Form ADV filings as of October 1, 2017 will need to include the applicable additional information.   The following is a guideline for the new information required on Form ADV Part 1:… READ MORE

Alert – SEC Issues Guidance Update on Inadvertent Custody

The SEC’s Division of Investment Management issued a February 2017 Guidance Update regarding situations where an adviser might inadvertently have custody. The key takeaway is that the definition of “custody” is to review agreements with qualified custodians to determine if they give an advisor the ability to withdraw or transfer client funds or securities.  If… READ MORE