What's Form ADV and why should I care?
Younity Wealth is a Registered Investment Adviser ("RIA"). Registration of an Investment Adviser does not imply any level of skill or training; however, it does make Younity Wealth subject to scrutiny and oversight by the U. S. Securities and Exchange Commission ("SEC"). In addition to imposing a "fiduciary duty" on our firm, our registration requires us to comply with various rules and pronouncements by the SEC.
One of the most important SEC requirements for investment advisers is the filing of Form ADV to register with the SEC, which consists of two parts:
Part 1 requires information about the investment adviser’s business, ownership, clients, employees, business practices, affiliations, and any disciplinary events of the adviser or its employees. Part 1 is organized in a check-the-box, fill-in-the-blank format. The SEC reviews the information from this part of the form to process registrations and manage its regulatory and examination programs. Although designed for a regulatory purpose, investment adviser filings of Part 1 are available to the public on the SEC’s Investment Adviser Public Disclosure (IAPD) website.
Review our ADV Part 1
Part 2 requires investment advisers to prepare narrative brochures written in plain English that contain information such as the types of advisory services offered, the adviser’s fee schedule, disciplinary information, conflicts of interest, and the educational and business background of management and key advisory personnel of the adviser. The brochure is the primary disclosure document that investment advisers provide to their clients. When filed, the brochures are available to the public on the IAPD website.
Review our ADV Part 2: Brochure and Supplement
Before you hire someone to be your investment adviser, always ask for, and read carefully, both parts of the adviser’s Form ADV. You can find a copy of an investment adviser’s most recent Form ADV on the IAPD website. Most state-registered advisers file Form ADV electronically and their Form ADV (Part 1) filings also are available on IAPD.
