Are Fingerprints Required When an RIA Registers an Investment Adviser Representative?

December 09, 2012

If an investment adviser representative was previously licensed as a registered representative/securities agent with a broker/dealer through the Web CRD system, the state securities regulator should be able to access fingerprint information already on file. Also, if an investment adviser representative was previously licensed with another investment advisor firm, the state securities regulator will generally not require a new fingerprint card. It should be noted that many state securities regulators do not even require a fingerprint card, so it is important you check with the state securities regulator prior to completing a fingerprint card.

Posted by Bryan Hill
Labels: How to Become RIA, IAR Licensing, Investment Adviser Representative, Investment Advisor Registration