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

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