This is a sample letter to a client from an investment adviser representative (“IAR”) who is starting a new investment adviser firm and will be dually licensed as an investment adviser representative with the old and new firm during the transition. This sample letter includes a 60 day notice of the assignment of the old investment adviser firm client agreement to the new investment adviser firm and an authorization for the old firm to release client information to the new firm. The arrangement referenced in this sample letter may not be applicable or permitted by certain securities regulators. Due to the complexities associated with the underlying issues referenced in the letter and different requirements of securities regulators, this sample should be used with the assistance of a compliance professional.
Included with Platinum Package.
Licensing – Dual IAR Registration – Letter to Licensing Dept of State Regulator
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Rep – Recruiting – New Firm Recommending Prospect Retain Attorney Before Affiliating
Recorded Webinar : Solutions and Answers to Form U4 and Form U5 Challenges
Client Letter – Assignment of Client Agreement to New Firm (Started by Reps at Old Firm)-No Response
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This sample document is merely an example for general reference and educational purposes. RIA Compliance Consultants, Inc. is providing this sample document to the purchaser on an “as is” basis with no warranty or guaranty whatsoever.
This sample document should be considered a starting point, and purchaser should not treat this sample document as a final document ready for use. The sample document has not been customized to the purchaser’s business model, the specific investment advisory rules applicable to the purchaser’s investment adviser or the written supervisory procedures and code of ethics of purchaser’s investment adviser.
This sample document may not be applicable or appropriate for every investment adviser. The purchaser should not consider a sample document purchased from our online store as an exhaustive, comprehensive or definitive list of the items necessary to meet the purchaser’s obligations under the applicable investment adviser laws and rules.
This sample document is not intended to detect or prevent fraud, selling away, Ponzi schemes, undisclosed outside business activities, inaccurate or false fee calculations, theft, misappropriation or unlawful conversion of client funds.
Due to changes of investment adviser laws and rules, this sample documented may become outdated and need to be updated or discontinued. RIA Compliance Consultants, Inc. will not be providing any subsequent updates of this sample documents to the purchaser. Likewise, RIA Compliance Consultants, Inc. will not be monitoring and reporting to the purchaser any issues related to the use of this sample document.
Since this sample document may not reflect the specific investment advisory requirements of the purchaser’s securities regulator, the purchaser should check with the securities regulator(s) with jurisdiction over its investment adviser or review any applicable rules before using this document.
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To the extent that your investment adviser firm currently has an active Annual Compliance Program (“ACP”) engagement with RIA Compliance Consultants, Inc., this sample document may be available as part of that engagement depending upon your firm’s ACP package (e.g., Bronze, Silver, Gold, Platinum and Titanium). Please refer to the “Description” tab within the product to determine whether the sample document is included as part of your firm’s ACP package. If included and your firm (via the individual making payments in our system) has designated you as a team member in our Knowledge Base, please log into our Knowledge Base to download the sample document. (For detailed instructions on how to access the Knowledge Base, please refer to the following webpage: Knowledge Base Instructions.) If not included in your ACP package, you can make an a la carte purchase of the sample document through this product in our online store.
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