Compare a representative register with Form ADV Part 1 topics
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- List each person on the register and whether Part 1 of the Form ADV in the file has an entry for business, ownership, clients, employees, affiliations, or disciplinary events that names that person. Write no form amendment.
- What the lawyer must review
- Investor.gov states that Form ADV Part 1 asks for the adviser's business, ownership, clients, employees, business practices, affiliations, and disciplinary events of the adviser or its employees, in a check-the-box, fill-in-the-blank format. The tool compares the register with those topics. It does not decide who must register. State investment-adviser-representative registration was not opened, so it is not applied.
- Written for / version
- United States versionUS
Who does what
| Role | What they do |
|---|---|
| Assistance | Consider narrowly defined preparation support after confirming the tool’s capability and permitted scope. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- Obtain and inspect the relevant current official register or search result. Confirm identities, interests and the date and scope of the search.
- Confirm the output against the client’s instructions and the complete relevant source material, including omissions or contradictions.
- Resolve exceptions and record the responsible lawyer’s approval of the exact output and intended use.