INVESTMENT ADVISERS SUBJECT TO SEC
REGISTRATION
Those investment
advisers qualified to register on the federal level with the SEC and doing advisory business in the state of
Alabama will be required to make a notification filing which will consist of
the following filed electronically through IARD System:
(1)
A complete Form
ADV (Including Schedule I).
(2)
Appropriate filing fees - $250 per investment adviser.
Representatives of federally registered
investment advisers with a place of business in Alabama are required to
register with the Commission. Applicants must submit the following electronically through Web CRD:
(1)
Current complete Form
U-4 | Instructions
(2)
Filing fees - $60 per representative.
(3)
Exam results.
Renewals: A federally registered investment adviser will be
required to renew its notification status and the registration of its investment adviser
representatives residing, or with a place of business in Alabama annually on or before December 31 of
each year. A notification renewal
filing will consist of the following filed electronically through IARD System:
(1) Form
ADV amendment reflecting all changes since last registration or renewal in Alabama. Changes should be marked and the amendment
should indicate “Notice Filing Only.”
(2) Appropriate filing fees: $250.00 per investment adviser.
$ 60.00 per
investment adviser representative. |