Investment Adviser & Investment Adviser Representatives Regulation
The Bureau of Securities is responsible for regulating Investment Advisers and Investment Adviser Representatives in the State of Nebraska. The Bureau of Securities also investigates any complaints filed against Investment Advisers and Investment Adviser Representatives involving Nebraska residents.
An Investment Adviser or Investment Adviser Representative is a firm or individual registered to give advice regarding individual securities. Investment Advisers and Investment Adviser Representatives usually operate on a fee basis for their services. All Investment Advisers and Investment Adviser representatives register with the states in which they provide advisory services.
SEC Registered Investment Advisers are required to Notice File in jurisdictions prior to conducting business. The Notice Filing is facilitated through the IARD system.
The Bureau of Securities does not register qualified retirement programs.
Investment Adviser & Investment Adviser Representative Registration Information
The following information is provided to assist in preparing an application for investment adviser registration in Nebraska.
Investment Adviser Application Filings Through Web IARD (Investment Adviser Registration Depository)
Applications, form filings, and fee payments for Investment Adviser firms and representatives should be made directly through the Web IARD.
- Form ADV;
- A $200 Investment Adviser application fee;
- Form U4; and
- A $40 representative application fee
More information and links to the Web IARD are available from our Investment Adviser Forms page.
Investment Adviser applicants must submit the following supplements to the State of Nebraska Dept. of Banking & Finance Securities Bureau:
- An executed "Affidavit of Investment Adviser Activity in Nebraska";
- A current Audited Financial Statement or Certified Balance Sheet no more than 90 days old;
- A copy of the Articles of Incorporation, Articles of Partnership or LLC Membership Agreement that shows the current legal name of the applicant;
- A Corporate Resolution (only for those entities organized as a corporation);
- A Surety Bond in the amount of $25,000 or applicant must maintain a net capital over $25,000;
- Specimen Contracts and/or Agreements
