SROIIA Launches State Registration Web Tool

Dec. 14, 2011 - PRLog -- (OXFORD, Miss., December 14, 2011) -- The Self-Regulatory Organization for Independent Investment Advisers (SROIIA) has created a web tool to help independent investment advisers register by providing information concerning registration for each of the 50 states.  The web tool offers an interactive map that advisers can use to determine registration requirements for any state without searching the web. “Prior to the release of the web tool, independent investment advisers would have to search through each state’s complex statutes and securities acts to find the registration information,” said Adam Hynick, Vice President of State Affairs & Outreach.  “The web tool represents SROIIA’s dedication to help independent investment advisers use their time more efficiently by providing the information in a convenient and easy to use format.” The adviser can simply click on the state of his or her choice on the interactive map and the web tool will take the adviser directly to that state’s registration information.

The launch of the web tool fits in line with SROIIA’s goal to be a user friendly Adviser-SRO. “SROIIA is committed to developing a SRO that is proactive in helping its members stay compliant,” said D. Tyler Roberts, co-Chief Executive Officer. “The web tool is an example of a simple, yet effective, way in which compliance can be made easier.”

Bill Winterberg principal of FPPad.com, a technology consulting firm to investment advisers, stated “Advisers will appreciate how easy it is to look up each state’s registration requirements using the SROIIA web tool.  Complicated, disjointed legal documents are condensed into useful summaries complete with links to each state’s original forms and statutes.”

“Advisors are always looking for ways to save time and gain efficiencies.  This tool offers a solution to the problem of locating registration requirements and documents for different states and puts it all in one place,” said Skip Schweiss, managing director of advisor advocacy and industry affairs, TD Ameritrade Institutional.

The direct link to the newly created web tool is http://sroiia-us.org/state-registration-information-for-i... .

Investment Advisers with questions, comments, or suggestions are encouraged to contact SROIIA at comments@sroiia-us.org.  This open link of communication with IAs will ensure that SROIIA continues to meet the needs of Advisers, and requirements of the SEC.


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SROIIA Staff: Timothy Collins (Co-CEO), D. Tyler Roberts (Co-CEO), Joseph Shayeb (CFO), Robert Oliveri (CAO), Laura Collins (Director of Board Development), Tyler Montell (VP of Legislative Affairs & Standards), Adam Hynick (VP of State Affairs & Outreach), Brandon Adams (VP of Corporate Communications), Jack West (Director of Fundraising)