The Securities and Exchange Commission (SEC) requires all registered investment advisors to file Form ADV, which details the advisor’s investment style, assets under management, key officers of the firm and other pertinent information.
Form ADV is divided into two parts. Part One shares specific information about the firm that is important to regulators, such as the name of the firm, the number of employees and the type of organization. Part Two is written for the advisor’s clients and includes information such as what services are provided, how fees are charged, whether the advisor acts as a broker-dealer and transacts securities, and so on. Part Two must be provided to prospective clients at an initial meeting and offered to existing clients after it is updated annually.
WJ Interests wants you to be informed about your choice of advisor. To that end, you can find the most recently updated Form ADV Part Two here. For just the material changes made as of 03/31/2012, please click here.