Investment Adviser Registration Depository
What is the Investment Adviser Registration Depository in the context of a Registered Investment Advisor (“RIA”)?
Definition: This is an online system maintained by FINRA for, among other things, filing and updating RIA registrations, submitting disclosure information, as well as other regulatory related tasks.
When used in an RIA context: “The financial advisor hired a compliance consulting firm to help them create and file their RIA registration documentation through the Investment Adviser Registration Depository system.”