T 401-466-6008 / info@fpacompliance.com / © All Rights Reserved / 475 Taunton Avenue East Providence RI 02914

INVESTMENT ADVISER REGISTRATION

Whether you will be a Federal or State Registrant, or just need to file in an additional State, we can get your firm registered and provide you the tools to run a compliant practice. Our registration service generally includes the following:

  • Establishment of your on-line account on the Investment Adviser Registration Depository (“IARD System”)

  • Form ADV, Part 1A,

  • Form ADV, Part 1B,

  • Form ADV Part 2A,

  • Form ADV Part 2B,

  • Investment advisory agreements / financial planning agreements / sub-advisory agreements

  • Compliance manual

  • Code of Ethics

  • Privacy policy

  • Business Continuity Plan

  • Cyber Security Policy

  • Insider trading compliance materials

  • Solicitor agreements and disclosures

  • Completion of state or SEC specific registration forms.

All material we create is custom tailored to your firm.

 

Cost: $4,000 for State RIA / $5,000 for SEC RIA.

ON-GOING CONSULTING

We offer ongoing compliance consulting for your IA firm. We have structured this service to include any compliance issue that may come up for your firm throughout the year, including:

  • Annual ADV Part 1 and Part 2 updating amendment,

  • Updating / creating compliance material (advisory agreements, compliance manual, code of ethics, etc.),

  • Advertising Review (traditional print media, website, social media, etc.),

  • Forms U4 and U5 filings,

  • Ongoing compliance education,

  • Regulatory updates,

  • Remote audit support,

  • Smart-RIA, LLC log in for Chief Compliance Officer,

  • Informed answers to whatever compliance issues may come up from time to time.

What is not included in this service are fees paid to states or the SEC, additional state registrations, and mock audits.

Cost: $5,000+ for State RIA / $7,000+ for SEC RIA.

Price determined by complexity of RIA's compliance needs. If we handle the initial registration of the RIA, and you sign up for the ongoing compliance consulting service upon registration of your firm, then we can discount your rate for this service.

MOCK AUDITS

We offer both on-site and off-site mock audits which are great for both regulatory examination preparation, get an assessment of your current compliance program (mainly used by new CCOs), and as part of your annual Rule 206(4)-7 review.  The typical on-site mock audit lasts approximately 6 hours and you will receive a detailed report of what you are doing right, what you are doing wrong, and what you can do a little better.

ERISA CONSULTING

ERISA needs can vary greatly from firm to firm, so we provide ERISA consulting services at an hourly rate that generally include, but are not limited to:

  • Regulatory Updates - ERISA rules are rolled out on an ongoing basis and ERISA compliance needs require periodic review as a result,

  • ERISA Lawsuit and DOL actions review,

  • 408(b)(2) disclosure review,

  • Form 5500 Schedule C reporting review,

  • ERISA exemption review,

  • Fiduciary review - review of current fiduciary status claims made by Adviser with their different ERISA relationships,

  • Answers to any issues that may come up from time to time.

ADVERTISING REVIEW
INTENSIVE COMPLIANCE CARE

Trying out a new marketing strategy that you are unsure about?  Run it by us using our pay-per-piece service. We review all types of marketing, including social media.

 

 

We offer a complete compliance outsource solution.  Let us handle some or all aspects of your compliance program.