ADV Form
A form that is kept on file with the Securities & Exchange Commission that contains critical financial information about a registered investment advisor (RIA).
Investopedia Commentary
Form ADV is divided into two parts. Part 1 discloses specific information about an RIA that is important to regulators (name, number of employees, form of the organization, nature of the business, etc.). Part 2 acts as a disclosure document for clients of the business and includes information such as services provided and fees levied, whether the investment advisor acts as a broker-dealer and transacts securities, and so on.
To request a copy of Form ADV, you can usually contact the SEC branch closest to you.
Related Links
Shopping For A Financial Advisor
The Securities and Exchange Commission Defined
See also: Advisor, Broker-Dealer, Investment Advisor, Registered Investment Advisor - RIA, Securities & Exchange Commission - SEC
Also spelled: Form ADV Part I, Form ADV Part II, Form ADV