Investment Adviser Registration Depository - IARD

AAA

DEFINITION of 'Investment Adviser Registration Depository - IARD'

An electronic system through which investment advisers register themselves and file required reports and disclosures with the Securities and Exchange Commission and with state-level regulators. The SEC and the North American Securities Administrators Association sponsor the IARD; FINRA develops, operates and maintains the system. The IARD’s purpose is to improve the monitoring and regulation of investment advisers and to make professional information about them publicly available.

BREAKING DOWN 'Investment Adviser Registration Depository - IARD'


Investment advisers use the IARD to file their Uniform Application for Investment Adviser Registration form (form ADV), which officially registers them as investment advisers. They also use it for annual registration and renewal and for fee and form processing. Investment adviser representatives also use the IARD to register. An investment adviser who wishes to withdraw from some or all of the jurisdictions in which he is registered must use the IARD to file form ADV-W. The IARD is similar to the Central Registration Depository system that broker-dealers and agents must register through before they can transact business. The form ADV filings that investment advisers make through the IARD are available to the public through the Investment Adviser Public Disclosure website. There, members of the public can make sure that someone who is holding himself or herself out as an investment adviser has registered as such. The public can also view the adviser’s professional background, including employment history, professional designations, industry exams passed and other business activities, how long they have been registered with their current firm and which firms they have been registered with previously, and whether the adviser or any of his or her key personnel have been disciplined or suspended.
RELATED TERMS
  1. Financial Adviser

    A professional who helps individuals manage their finances by ...
  2. International Securities Exchange ...

    An electronic options exchange that was launched in 2000. The ...
  3. Securities Exchange Act Of 1934

    The Securities Exchange Act of 1934 was created to provide governance ...
  4. Financial Industry Regulatory Authority ...

    A regulatory body created after the merger of the National Association ...
  5. Canadian Securities Institute - ...

    Canada's leading provider of professional credentials and compliance ...
  6. Section 12D-1 Limit

    A rule added to the Investment Company Act in 1964 to provide ...
Related Articles
  1. Professionals

    Ethical Issues For Financial Advisors

    Learn what to do when that devil on your shoulder begins to whisper.
  2. Brokers

    Choosing A Financial Advisor: Suitability Vs. Fiduciary Standards

    Discover the differences between the Suitability and Fiduciary Standards when hiring a financial advisor.
  3. Fundamental Analysis

    FINRA: How It Protects Investors

    Find out the history of FINRA, and how it's organized to monitor the markets and protect investors.
  4. Options & Futures

    Introduction To Inflation-Protected Securities

    Inflation is an enemy to investors - except to those who invest in IPS, which guarantee a real rate of return with no credit risk.
  5. Personal Finance

    7 Financial Advisor Red Flags

    Not all financial advisors are equally competent. When in doubt, watch out for these warning signs.
  6. Professionals

    Is Your Financial Advisor Looking Out for You?

    Financial advisors sometimes aren't looking out for clients' best interests. Regulators are scrutinizing their practices; investors should too.
  7. Investing News

    Folio Investing Brings Experience To Robo-Advisors

    Prior to the recent upsurge of robo advisors, Folio Investing established itself as an alternative investment service through its online service.
  8. Investing News

    Want To Impress Clients? Show Your Due Diligence

    Doing the learning legwork for the products and service providers you employ will expand your understanding and impress incumbent and prospective clients.
  9. Investing Basics

    Fee-Only Financial Advisors: What You Need To Know

    Are you considering hiring a fee-only financial advisor or one who is compensated via commissions? Read this first.
  10. Investing News

    Financial Advisors Are Feeling Cyber-insecure

    Financial advisors are increasingly fretting over cybersecurity and client data breaches. Here's what they and their clients should watch out for.
RELATED FAQS
  1. Under the “Brochure” rule of the Investment Advisers Act of 1940, which of these ...

    Under the "Brochure" rule of the Investment Advisers Act of 1940, which of these statements is true? a. The ADV Part II ... Read Full Answer >>
  2. Under the Investment Advisers Act of 1940, which of the following are exempt from ...

    I. EngineersII. AccountantsIII. TeachersIV. AttorneysA. I, II, III, IVB. II, III, IVC. I, IIID. II, IV Correct ... Read Full Answer >>

You May Also Like

Hot Definitions
  1. Dead Cat Bounce

    A temporary recovery from a prolonged decline or bear market, followed by the continuation of the downtrend. A dead cat bounce ...
  2. Bear Market

    A market condition in which the prices of securities are falling, and widespread pessimism causes the negative sentiment ...
  3. Alligator Spread

    An unprofitable spread that occurs as a result of large commissions charged on the transaction, regardless of favorable market ...
  4. Tiger Cub Economies

    The four Southeast Asian economies of Indonesia, Malaysia, the Philippines and Thailand. Tiger cub economy indicates that ...
  5. Gorilla

    A company that dominates an industry without having a complete monopoly. A gorilla firm has large control of the pricing ...
  6. Elephants

    Slang for large institutions that have the funds to make high volumes trades. Due to the large volumes of stock that elephants ...
Trading Center
×

You are using adblocking software

Want access to all of Investopedia? Add us to your “whitelist”
so you'll never miss a feature!