Item 1 Cover Page - Form ADV Part 2A 2025

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Form ADV includes two parts, both of which provide detailed information about the firm. Part I is a fill-in-the-blank form, and Part II is a brochure written in prose. The first part contains basic facts about the firm, like its fees, client types, assets under management and any disclosures.
Which of the following is disclosed in Form ADV Part 1? The best answer is D. The ADV Part 1 is the basic registration information filed with the SEC - such as name of firm, address, phone number, officers, shareholders, States where the adviser is registered, etc.
Form ADV Part 2A. Part 2A requires you to write a narrative brochure where youll lay out information about your firms services, fees, conflicts, and personnel. The instructions require 18 disclosure items (19 for state-registered firms), which must be included in the brochure.
The Form CRS/Form ADV Part 3 relationship summary is a written disclosure that provides a retail investor with succinct information about the relationships and services the firm offers to retail investors, fees and costs that retail investors will pay, specified conflicts of interest and standards of conduct, and
Part 1 of SEC Form ADV is meant to identify the firm that is submitting the form. It includes information about the firm, the services it provides, who owns the business, the clients it serves, any business affiliations, and any disciplinary actions it faced in the past.

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Form ADV Part 2 covers disclosure requirements for preparing your firm brochure. This brochure, which must be given to each client, includes information about your firms business practices, the fees you charge, conflicts of interest, and past disciplinary actions.
Part 1A Instruction 5. b. explains how to calculate your regulatory assets under management. If you are a state-registered adviser and you report on your annual updating amendment that your regulatory assets under management increased to $100 million or more, you may register with the SEC.

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