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

• Setting up your firm’s account on the Investment Adviser Registration Depository (IARD) system
• Acting as liaison with the Rhode Island Department of Business Regulation, Securities Division
• Facilitating the payment of all Rhode Island 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 the Prior Activity Affidavit and Questionnaire
• Drafting a compliance manual in conformity with the Rhode Island Uniform Securities Act
• Drafting investment advisory and financial planning agreements
• Drafting of the privacy notice
• Filing Form U4 for investment adviser representatives

Important Additional Information for Rhode Island Registrants:

Net Worth Requirement

An investment adviser registered in the State of Rhode Island must at all times maintain a minimum net worth of not less than $5,000.

An investment adviser that maintains custody of client funds or assets must at all times maintain a minimum net worth of not less than $25,000 and have filed a surety bond with the Director of the Department of Business Regulation. Investment adviser representatives must also file a surety bond.

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