Representatives of Investment Advisers

Exam

Third-party exam

Education

Degree

Experience

Not reported

Background check

None

The Securities Division utilizes the Investment Adviser Registration Depository (IARD) electronic filing system. The requirements for Representatives of Investment Advisers (Individuals) are: 1) Form U-4 (the Uniform Application for Securities Industry Registration or Transfer). This will be accepted electronically by the CRD/IARD system. 2) Nevada requires proof of having successfully passed the Uniform Investment Adviser Law Examination (Series 65, or both 66 and 7), or that the applicant have one of the following designations: a) Certified Financial Planner (CFP) granted by the CFP Board of Standards. b) Chartered Investment Counselor (CIC) granted by the Investment Counsel Association of America. c) Chartered Financial Consultant (ChFC) granted by the American College. d) Personal Financial Consultant (PFS) granted by the American Institute of Certified Public Accountants. e) Chartered Financial Analyst (CFA) granted by the Association for Investment Management & Research. For more information or for information on the requirements for firms visit the Division website. Fees may be subject to change. Fees are: filing fee--$110 (will be deducted from the CRD/IARD account set up by the Adviser firm); license renewal--$110.