Investment Adviser Registration Depository (IARD)

The Investment Adviser Registration Depository (IARD) functions as a one-stop electronic filing system for investment advisers. As of January 1, 2001, all SEC registered advisers and advisers applying to register with the SEC must file Form ADV (Part 1) electronically through IARD. The SEC no longer accepts paper filings of Form ADV (unless a hardship is granted). Many states now require advisers registered in their states to submit filings electronically through IARD, although some states accept paper forms.

You can view a copy of an investment adviser firm's electronic Form ADV (Part 1 only) on the SEC's Investment Adviser Public Disclosure (IAPD) website. In the future, you also will be able to search for information on individual investment advisers (and not merely their firms).

For more information about IARD, please visit the SEC's IARD website. You'll also find more information about IARD on the NASD website.