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Form ADV Part 2
About Form ADV Part 2
Part 2 is the section of Form ADV that contains information about Investment Adviser firms and the type
of business they conduct. Firms are required to provide Part 2 of Form ADV to existing and prospective
clients. All SEC-registered and some state-registered Investment Adviser firms are required to submit
Part 2 of Form ADV online through the IARD
A firm that offers substantially different types of advisory services has the option to prepare separate
brochures for each service, as long as, each client receives all information about the services and fees
that are applicable to that client.
Brochures submitted by the firm will display in IAPD the following day, except for jurisdictions that review
and approve brochures prior to posting on IAPD. IAPD will only display brochures with a Brochure Juris-
diction Status of Delivered or Accepted.
For purposes of the IARD
system, Part 2 of the Form ADV is referred to as the "Brochure." The brochure
is uploaded as an attachment to Form ADV during the form filing submission process. The brochure
must be converted to a text-searchable, PDF file before submission to the IARD system.
Access IARD at https://crd.finra.org/iad or through Firm Gateway at https://firms.finra.org.
Access Form ADV (pg. 2)
Part 2 Brochure Filing Page (pg. 3)
Upload a New Brochure (pg. 3)
Upload Error Message (pg. 8)
Amend a Brochure (pg. 9)
Retire a Brochure (pg. 10)
Confirm a Brochure (pg. 11)
Brochure Information in View Organization (pg. 12)