Our “turn-key” investment adviser registration program for the State of Florida includes:

• Setting up your firm’s account on the Investment Adviser Registration Depository (IARD) system
• Acting as liaison with the Florida Office of Financial Regulation, Division of Securities
• Facilitating the payment of all Florida state registration fees
• Preparing and filing Form ADV Part 1 via the IARD system
• Preparing and filing Form ADV Part II via the IARD system
• Filing financial statements in accordance with the Florida Administrative Code
• Filing proof of sufficient net capital
• Drafting and filing investment advisory and/or financial planning agreements
• Drafting a compliance manual in conformity with the Florida Administrative Code
• Drafting of the privacy notice
• Filing Form U4 for investment adviser representatives
• Facilitating the filing of the Florida Fingerprint Card

Important Additional Information for Florida Registrants:

Financial Statements

Investment adviser applicants in the State of Florida must file financial statements as of a date within ninety (90) days prior to the date of filing for registration. Such financial statements may be unaudited financial statements which are defined as those financial statements prepared in accordance with United States generally accepted accounting principles.

Such financial statements must include an oath or affirmation that such statement or report is true and correct to the best knowledge, information, and belief of the person making such oath or affirmation; such oath or affirmation must be made before a person authorized to administer such oath or affirmation, and must be made by a duly authorized representative of the entity for whom the financial statements were prepared.

Each investment adviser registered in the State of Florida and who has custody or possession of client’s funds or securities; requires prepayment of advisory fees six months or more in advance and in excess of $500 per client; or computes net capital pursuant to SEC Rule 15c3-1 shall file financial statements as of a date within ninety (90) days prior to the date of filing for registration. These financial statements need not be audited provided that there shall also be filed audited financial statements as of the applicant’s most recent fiscal year end. Those investment adviser applicants which have been in operation for a period of time less than twelve (12) months, and for whom an audited financial statement has not been prepared or is not available, shall be permitted to file unaudited financial statements provided the following conditions are met:

1. Such financial statements are as of a date within thirty (30) days prior to the date of filing for registration, and are prepared in accordance with the provisions of paragraphs (2)(b), (2)(d) and (3)(c) of Rule 69W-300-1.002 of the Florida Administrative Code; and

2. Such applicant is effectively registered with the SEC or FINRA.

Net Capital Requirements

Investment advisers registered in the State of Florida who have custody of client funds or securities or who receive payment of advisory fees six months or more in advance and in excess of $500 per client must maintain net capital in the amount of $25,000 calculated as prescribed by SEC Rule 15c3-1 including any ratio requirements and appendices thereto, as such provisions existed on January 1, 1993.

Investment advisers who do not have custody of client funds or securities or who do not receive payment for advisory services six months or more in advance and in excess of $500 per client must maintain net capital: (1) in the amount of $5,000 calculated as prescribed by SEC Rule 15c3-1, including any ratio requirements and appendices thereto, as such provisions existed on January 1, 1993; or (2) of at least $2,500. For purposes of option (2) of this subsection, net capital shall be defined as assets minus liabilities in accordance with Generally Accepted Accounting Principles as adopted by the American Institute of Certified Public Accountants, as such provisions existed on June 1, 1992.

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Please call us toll free at 888-798-2930 for more information about our Florida “Turn-Key” Registration Program.