Alabama - Register as an Investment Adviser

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Procedure

Apply In-Person:

1. To register as an investment adviser, the applicant has to reach out to U.S. Securities and Exchange Commission for the application. Contact details are mentioned in “Office Locations & Contacts” of this page. Or use the following given Contact Link
2. An application form is also available at the following Link
3. The applicant should make sure to carry all the documents that are mentioned under the “Required Documents” section of this page (Both photocopies and originals).
4. Applicant has to fill in all the necessary details in the form and attach the photocopies of the documents that are needed along with the application form before submitting to U.S Securities and Exchange Commission.
5. The fee for this procedure is free of cost.
6. Concerned authorities will look into the application form and submitted documents before providing the permit.
7. After getting approval from concerned authorities, the registration will be done within 45 days.

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Required Documents

• Application form
• Copies of SEC form.
• Copies of ADV form.
• Copies of ADV-W form.
• For more information Link

Office Locations & Contacts

Location: Alabama
Address: Alabama Securities Commission
RSA Dexter Avenue Building
445 Dexter Avenue
Suite 12000
Montgomery, AL 36104
Contact Link

Location: Alabama
Address: 950 East Paces Ferry Rd NE, Suite 900
Atlanta, GA 30326
Phone: 404-842-7600
E-mail: [email protected]
Contact Link

Location: Washington D.C.
Address: U.S. Securities and Exchange Commission
100 F Street, NE
Washington, D.C. 20549
Contact Link

Eligibility

• A graduate, post-graduate degree, or post-graduate diploma (of at least two years duration) in finance, accounting, business management, commerce, economics, capital markets, banking, insurance, or actuarial science.
• A graduate obtained by completing a one-year Post Graduate Program in the Securities Market (Investment Advisory) from NISM; or by acquiring a CFA Charter.

Fees

• There are no fees associated with registering as an investment adviser, neither with amendments or other forms.

Validity

• The registration is valid for five years to seven or more depending upon the path the adviser take.

Documents to Use

• An application form is available at the following Link

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

• The processing time for this procedure is 45 days.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the emptags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.gIn the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• The instructions are given on all of the forms, including Forms ADV and ADV-W.
• Additional questions on how to fill out and file the papers can be directed to the SEC Operations Center's Branch of Registrations and Examinations, Mail Stop A-2, 6432 General Green Way Drive, Alexandria, VA 22312; phone: (202) 942-8980.

Required Information

The information needed to be filled in the application form are listed below:

• Identifying Information
• SEC Registration
• Form of Organization
• Successions
• Information About Your Advisory Business
• Other Business Activities
• Financial Industry Affiliations
• Participation or Interest in Client Transactions
• Custody
• Control Persons
• Disclosure Information

Need for the Document

• The applicant who desires to provide investment advising services to their clients should register with SEBI as an Investment Adviser (IA).

Information which might help

• For more information Link

Other uses of the Document/Certificate

Mid-sized advisers, advisers to investment companies, Advisers to business development companies, certain internet advisers, newly formed advisers and non U.S. advisers also need to register with the U.S. Securities and Exchange Commission (SEC).

External Links

Place some external links which might help.

Others

More information which might help people.