RIA In A Box Offers ADV Templates

RIA In A Box has created Microsoft Word-based templates with step-by-step instructions for the new ADV 2A and 2B forms.

The ADV Part 2A and 2B Word templates have been properly formatted with table of contents and include easy-to-follow instructions, the company says. 

“The new ADVs are very complicated and difficult and we are finding many RIAs struggling to take this on and get it done by the deadlines – even when they enlist experts like us,” said Zachary Gronich, CEO, RIA In A Box.  “But for RIAs who would rather do the work essentially by themselves, these templates are a huge help, eliminating formatting hassles and providing instructions to guide them through the process.”

RIA In A Box estimates that using the ADV 2 templates would take between three and fifteen hours, depending on the complexity of the firm and number of reps.  The company also offers to complete the forms for an RIA, requiring a firm to fill out a questionnaire that should take an RIA no longer than 40 minutes to complete.

The Securities and Exchange Commission (SEC) issued a regulation last summer for all registered investment advisers (RIAs) that require significant additions to past disclosures (see “SEC Votes to Change Form ADV“). Most RIAs must comply by March 31 of this year.