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

• Setting up your firm’s account on the Investment Adviser Registration Depository (IARD) system
• Acting as liaison with the Wisconsin Division of Securities
• Facilitating the payment of all Wisconsin 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
• Completion and filing of Designation of Supervisor Form
• Completion and filing of Wisconsin Investment Advisory Activity of Applicant Form
• Completion and filing of Financial Certification Form
• Drafting a compliance manual in conformity with the Wisconsin Administrative Code
• Drafting and filing investment advisory and financial planning agreements
• Drafting of the privacy notice
• Filing Form U4 for investment adviser representatives

Important Additional Information for Wisconsin Registrants:

Net Worth Requirements

Each investment adviser registered or required to be registered in the State of Wisconsin, whose principal office is in this state and who accepts prepayment of fees exceeding $1,200 per client that are collected six or more months in advance, shall maintain at all times a positive net worth.

Except as follows, each investment adviser registered or required to be registered in the State of Wisconsin, whose principal office is in this state who has custody of client funds or securities shall maintain at all times a minimum net worth of $35,000:

1. Investment advisers having custody solely as a result of a direct fee deduction and who comply with all the applicable provisions of the Wisconsin Administrative Code and who make and maintain the records required under the Wisconsin Administrative Code, shall not be required to comply with the net worth requirement.

2. Investment advisers having custody solely as a result of advising pooled investment vehicles and who comply with all the applicable provisions of the Wisconsin Administrative Code and make and maintain the records required under the Wisconsin Administrative Code shall not be required to comply with the net worth requirement in this subsection.

Minimum net worth requirements shall not apply to any investment adviser that has its principal office in a state other than the State of Wisconsin, provided that the investment adviser is registered in that state and is in compliance with that state's minimum net capital requirements, if any.

"Net capital" is defined as an excess of assets over liabilities as determined by generally accepted accounting principles. Subsections (a) through (d) provide direction with regard to items that cannot be included as assets in the computation of net capital. Additionally, when liabilities can be shown to be collateralized by assets (including capital assets such as equipment, property, etc.) that are owned by the adviser, those liabilities are excluded from the computation. Likewise, liabilities owed to the owners or shareholders of the adviser are excluded. All other types of liabilities, including non-collateralized short and long term debt, must be included in the computation.

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