Transition Advising


RIA Transition Advising for US Companies


RIA Requirements for Federal to State Registration

The Financial Reform Bill signed into law in 2010 changed the threshold for registration of Investment Advisors with the Securities and Exchange Commission (SEC) to $100 million or more in regulatory assets under management for SEC Registered Investment Advisors. As a federally registered firm, you may need to transition your SEC registration from federal to state registration.

Does the Financial Reform Bill Apply to My Firm?

For federally registered firms: After completing your regulatory filing within 90 days after your fiscal year end, if your reported regulatory assets under management are below $100 million, your firm must transition to state registration.

For state registered firms: After completing your regulatory filing within 90 days after your fiscal year end, if your reported regulatory assets under management are $100 million or more, your firm must transition from state registration to SEC registration.

If you are required to transition your registration to either the SEC or the state, you will also be required to timely file a Form ADV-W with the appropriate regulatory body.

Registered Advisor Services has far-reaching expertise in the transition process and will assist you through this process.

  • Knowledge of all transition requirements for RIA registration to SEC
  • RIA transition assistance to federal or state registration
  • State RIA Advisory Services

Please contact us for more information on this process and our services. Visit our FAQ page for additional information.