Form ADV

Report shows all-time record highs in IAs registered with the SEC, assets under management, and non-clerical employees

Including performance results in advertisements is the most common marketing practice among SEC-registered investment advisers

The Dow may have jumped more than 10% in 2023, but aggregate private equity and hedge fund AUM failed to keep pace

Nearly 80% don’t showcase specific investment advice. Advisers have not embraced sharing testimonials (92% don’t), endorsements (85% don’t) or third-party ratings (83% don’t)

During the examination, Commission staff informed Ali about the Advisers Act custody rule’s requirements and its prohibition against commingling client money with the firm’s. However, ...

This is known as the internet adviser exemption

A common deficiency seen in SEC exams stems from a private fund adviser not updating its Form ADV, Part 1 answer after the distribution of ...

‘Tis the season for Form ADV updates for most advisers, so it’s worth heeding a compliance lesson tied to faulty disclosures

It seems the industry’s questions about Form ADV must have been building up at the SEC for some time, as the agency has now released ...

Greek myth meets regulatory reality in the case of an RIA that, like Icarus, aimed too high and fell back to Earth