Protracker rolls out Form ADV Part 2 software

OCT 04, 2010
Advisers can now generate their new Form ADV Part 2, known as the “narrative” version, with the click of a button — if they buy the Microsoft Word template available from Protracker Software Inc. that is. Protracker makes customer relationship management and compliance software specifically for the financial adviser market. The direct price of the Narrative Form ADV Part 2 Template is $99. While I haven't yet completed an exhaustive search, a cursory one finds this to be the first marketed example I've heard about of a quick fix for advisers that want to meet the new regulations issued by the SEC that go into effect March 31, 2011. Others are sure to follow. According to the company's online marketing page: “The ProTracker Narrative Form ADV Part 2 Template is designed to rapidly facilitate the conversion of your firm's Form ADV Part II, to the new narrative Form ADV Part 2, also known as a "Firm Brochure." The Template also includes the "Firm Brochure Supplement" (Form ADV Part 2B).” Using the template within Microsoft Word is supposed to allow firms to more quickly transfer their current ADV Part II information into the new format and generate the required table of contents. For more information, visit ProTracker Software. For more information on the new requirements directly from the SEC visit these links: Investor Bulletin: Amendments to Form ADV – New Disclosure Requirements for Investment Advisers SEC Approves Disclosure Form Changes to Provide Investors Greater Information About Their Investment Advisers Related stories: New requirements related to disclosure loom for advisers SEC gives OK to major redesign of ADV Part 2 Two new releases from ProTracker Software available

Latest News

DOJ's fraud sweep bags over $1B in convictions, guilty pleas and indictments in a single week
DOJ's fraud sweep bags over $1B in convictions, guilty pleas and indictments in a single week

Medicare scam, pandemic benefit theft, offshore tax evasion — federal prosecutors are casting a wide net.

Retirement without guaranteed income streams may mean near-total asset wipeout
Retirement without guaranteed income streams may mean near-total asset wipeout

Report finds that pension income acts as a financial lifeline for retirees facing late-life shocks and raises urgent questions about the DC-only future.

Federal judge dismisses Eltek manipulation lawsuit against Morgan Stanley Smith Barney
Federal judge dismisses Eltek manipulation lawsuit against Morgan Stanley Smith Barney

Nine-month electronic trading freeze and share lending program at the center of dismissed claim.

RIA wrap: Dynamic strikes South Carolina deal to reach $7B AUM milestone
RIA wrap: Dynamic strikes South Carolina deal to reach $7B AUM milestone

Meanwhile, Rossby Financial's leadership buildout rolls on with a new COO appointment as Balefire Wealth welcomes a distinguished retirement specialist to its national network.

Rethinking diversification amid a concentrated S&P 500
Rethinking diversification amid a concentrated S&P 500

With a smaller group of companies driving stock market performance, advisors must work more intentionally to manage concentration risks within client portfolios.

SPONSORED Beyond wealth management: Why the future of advice is becoming more human

As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management

SPONSORED Durability over scale: What actually defines a great advisory firm

Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline