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Reminder: Annual Brochure Delivery Obligation

WHAT HAPPENED?

Reminder: for Advisers with fiscal year-end Dec. 31, the annual brochure delivery deadline is approaching on April 30. The Adviser Act regulation (Section 275.204-3) states that Advisers must distribute, to each client and prospective client, brochures containing all information required by Form ADV Part 2.
As part of the brochure, we recommend including annual privacy notice delivery and a reminder to clients that they should receive statements from their custodian at least every quarter.

WHAT DOES THIS MEAN FOR ME?

Fairview is available to assist in the drafting and logging of delivery of the notice. Do not hesitate to contact Fairview® with questions regarding the annual brochure delivery.

Source: https://www.law.cornell.edu/cfr/text/17/275.204-3

By | 2019-06-14T19:34:31+05:00 Apr 9th, 2019|Fairview® Flash Reports|

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Founded in 2005 with the goal of developing streamlined solutions for investment advisers, Fairview® is now servicing investment advisers, foundations, and funds with over $196 billion in collective assets.