Tuesday, April 21, 2015

2015 - Annual Offer Letter/Notification Due*

SEC rule 204-3(b) and similar state rules

As mentioned in our last newsletter, 
please note the following deliverable:  

Annual Offer Letter/Notification (to clients) - 04/30/2015 - 120 days after firms fiscal year-end*
  • Summary of material changes + privacy policy + offer of ADV brochure, or
  • Latest ADV brochure + privacy policy 

Notification can be sent via*:
  • Client invoicing/statements 
  • Letter
  • Electronic delivery
  • Website
  • Email 
  • Mail + Letter

Suggestion:  Keep a record of date that notification was sent out. 

Please discard this message if:
  • (1) The firm already sent an offer/notification to clients.

Next quarterly newsletter - coming in May