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What fees apply for the IA representatives of IA-only firms?

April 26, 2017fees firms IA ia-only Representatives

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What fees apply for the IA representatives of IA-only firms?

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• Applicable IA Representative System Processing Fees. • Applicable state registration fees. Please note: There are no disclosure fees, fingerprint card processing fees, or Form U5 late filing fees for investment adviser representatives of IA-only firms. 8. When do System Processing Fees apply for IA Representatives? Refer to the IA Representatives (RA) System Processing Fees page for complete information. 9. If my firm pays the System Processing Fee (Initial Set-Up Fee) to transition an individual, and then files a Form U4 Amendment for the same individual, must our firm pay the Initial Set-Up Fee twice? No. In this situation, your firm will only pay one Initial Set-up Fee for transitioning, and no fee is charged for filing the Form U4 Amendment. 10. How are fees processed for Simultaneous Filing Group firms (applicable only to Joint BD/IA firms)? The primary Simultaneous Filing Group (SFG) firm pays all FINRA fees, regardless of which SFG firm submits the filing. These fees include F