Get the free Form ADV Part II Brochure

This brochure provides information about the qualifications and business practices of Thompson Davis Asset Management. It discusses material changes, advisory business, fees, performance-based fees,

How to fill out form adv part ii

How to fill out Form ADV Part II Brochure

1. Begin by gathering general information about your firm, including its name, address, and contact details.
2. Prepare a section outlining the services your firm offers, including descriptions of investment advisory services.
3. Include details about your firm's fees and compensation structure. Be clear about how clients will be charged.
4. Disclose any potential conflicts of interest, including external business activities of your advisors and any compensation arrangements.
5. Describe the educational qualifications and experience of your firm's investment professionals.
6. Clearly explain the investment strategies you employ and the types of investments you may recommend to clients.
7. Discuss the risks associated with the investment strategies, ensuring clients understand the potential losses.
8. Provide information on how clients can expect their portfolios to be monitored and the frequency of communications regarding investment performance.
9. Include information on your firm's disciplinary history, if any, detailing any legal or disciplinary events.
10. Review your draft thoroughly for accuracy and clarity before submitting.

Who needs Form ADV Part II Brochure?

1. Investment advisors who manage client assets or provide investment advice are required to file Form ADV Part II.
2. Firms offering advisory services must provide this brochure to prospective and current clients.
3. Clients looking to evaluate an investment advisor's qualifications and disclosures should review the Form ADV Part II Brochure.

People Also Ask about

What is an Adv2B cover letter?

Part 2B of Form ADV is called the “brochure supplement.” An investment adviser must give a client a brochure supplement for each individual that it supervises who: (1) formulates investment advice for that client and has direct client contact; or (2) makes discretionary investment decisions for that client's assets,

When must delivery of the form ADV part 2A brochure occur?

Each year you must (i) deliver, within 120 days of the end of your fiscal year, to each client a free updated brochure that either includes a summary of material changes or is accompanied by a summary of material changes, or (ii) deliver to each client a summary of material changes that includes an offer to provide a

What is Adv Part 1B?

Part 1B of Form ADV is only required for advisors who are registering with state regulatory agencies.

What is Form ADV brochure?

Part 2 of SEC Form ADV serves as a brochure for the firm. It provides disclosures about key information about the company, including its business practices, fees, conflicts of interest, and any discipline that it faced in the past.

What is Adv 2A?

Form ADV Part 2A. Part 2A requires you to write a narrative brochure where you'll lay out information about your firm's services, fees, conflicts, and personnel. The instructions require 18 disclosure items (19 for state-registered firms), which must be included in the brochure.

What is the brochure rule for investment advisors?

The brochure rule is a requirement under the Investment Advisers Act of 1940 that requires investment advisors to provide a written disclosure statement to their clients.

What is required on form ADV part 2B?

Part 2B of Form ADV: Brochure Supplement The supervised person's name, business address and telephone number (if different from yours). 2. Your firm's name, business address and telephone number. If your firm brochure uses a business name for your firm, use the same business name for the firm in the supplement.

What is an ADV2B?

The Form ADV 2B is a disclosure document given to clients and prospective clients that contains the background information for your firm's principal officers and all of your supervised persons or investment adviser representatives. Certain non-client interacting persons may be exempt from having a Form ADV 2B.

For pdfFiller’s FAQs

What is Form ADV Part II Brochure?

Form ADV Part II Brochure is a document that provides detailed information about an investment advisor's services, fees, and business practices. It is designed to help clients make informed decisions about hiring an investment advisor.

Who is required to file Form ADV Part II Brochure?

Investment advisors who are registered with the Securities and Exchange Commission (SEC) or state regulators are required to file Form ADV Part II Brochure.

How to fill out Form ADV Part II Brochure?

To fill out Form ADV Part II Brochure, investment advisors need to provide specific information about their services, fees, investment strategies, and potential conflicts of interest. Advisors should follow the guidelines set out by the SEC and ensure that the information is clear and accurate.

What is the purpose of Form ADV Part II Brochure?

The purpose of Form ADV Part II Brochure is to educate potential clients about the investment advisor’s business model, fee structure, and any potential conflicts of interest, thereby enhancing transparency in the advisor-client relationship.

What information must be reported on Form ADV Part II Brochure?

Form ADV Part II Brochure must report information such as the advisor's services, fees, investment strategies, risk factors, disciplinary history, and any conflicts of interest that may affect clients.