Investment advisers subject to NC registration must file electronically through the IARD system operated by FINRA. For questions relating to FINRA or the Web CRD/IARD systems, please call the Gateway Call Center at (240)386-4848. The relevant statutes are: N.C.G.S. §78C-16 and N.C.G.S. §78C-17.
An applicant for registration as an investment adviser representative must file a Form U4, which also has its own completion instructions. The Form U4 must show that the applicant has passed the required competency exams or holds an active, acceptable professional designation. Registration fees must be paid electronically through the IARD system. Annual Renewal Fee Code Section 25608 (q) An annual renewal fee of $125 is due in December of each year and the payment of this fee will keep your certificate in effect during the next calendar year. This fee must be paid directly to IARD in accordance with its instructions. Software products from IAR Systems are furnished under a license and may be used and copied only in accordance with the terms expressed in the software license. Working in a development team? The network license is convenient and cost efficient for a team of developers. Forms and Fee Requirements for Initial Registration. Form U4, the Uniform Application for Securities Industry Registration. Effective July 1, 2017, a $50 fee will be required to register as an Investment Adviser Representative. Annual renewals are due on December 31st and must be submitted via CRD/IARD system. Required Examinations.
Initial Registration:- File Form ADV (Parts 1&2) electronically through the IARD system.
- Ensure that at least one member of Schedule A complies with 18 NCAC 06A.1709.
- Pay filing fee of $300.00. Fees are paid through IARD system.
- Submit any financial reporting required by 18 NCAC 06A.1704.
- If using a bond, submit the original bond to the Securities Division as required by 18 NCAC 06A.1705. The Securities Division provides a surety bond form here: NC Investment Adviser Bond
- Submit any other information requested by the Securities Division in a timely manner.
Investment advisers subject to NC registration (not domiciled in NC)
Investment advisers not domiciled in NC and subject to North Carolina registration must file appropriate forms on the IARD with fee and ensure that at least one member of Schedule A complies with 18 NCAC 06A.1709. For questions relating to FINRA or the Web CRD/IARD systems, please call the Gateway Call Center at (240) 386-4848. The relevant statutes are: N.C.G.S. §78C-16 and N.C.G.S. §78C-17.
Iar License Fee Fees
Initial Registration:- File Form ADV (Parts 1&2) electronically through the IARD system.
- Ensure that at least one member of Schedule A complies with 18 NCAC 06A.1709.
- Pay filing fee of $300.00. Fees are paid through IARD system.
- Submit any other information requested by the Securities Division in a timely manner.
SEC registered investment advisers subject to notice filing in NC must file electronically through the IARD system operated by FINRA. For questions relating to FINRA or the Web CRD/IARD systems, please call the Gateway Call Center at (240) 386-4848. The relevant statutes are: N.C.G.S. §78C-16 and N.C.G.S. §78C-17.
Notice filing:
Iar Fee Schedule
- File Form Form ADV (Parts 1&2) electronically through the IARD system.
- Pay filing fee of $300.00. Fees are paid through IARD system.
Iar State Registration Requirements
Annual Renewals
An investment adviser registration expires December 31 of each year unless renewed. FINRA publishes annual renewal instructions on its website. If you have questions regarding the renewal process you should contact the FINRA Gateway Call Center at (240) 386-4848.
Please note: The Securities Division will NOT send out separate reminders about the renewal process.