Q: Why are we being charged filing fees for using IARD?
A: Filing fees are charged to cover the costs and maintenance of IARD.
SEC Exempt Reporting Advisers may be subject to applicable state fees associated with state registration and/or state reports.
A list of state filing fees can be found on com or you can call the appropriate states securities authority for state filing fee information.
(Updated September 29, 2017) Q: I am a pension consultant who relies on Rule 203A-2(a) under the Investment Advisers Act of 1940 to register with the SEC. A: Your fees are based on regulatory assets under management, even if your regulatory assets under management are not the basis of your eligibility for SEC registration.
No fee is charged for filing an electronic amendment to Form ADV unless it is an Annual Updating Amendment.
No fee is charged for electronically filing Form ADV-W or Form ADV-E.
Q: Are state Notice Filing fees included in the IARD filing fee? The IARD filing fee does not include state Notice Filing fees.