Question

an invesment adviser i slooking to offer advisory services to new clients. which statement is true regarding delivery of form adv parts 2a and 2b?

Answer 1

Answer:

B) They must be delivered regardless of whether the individual becomes a client of the investment adviser

Explanation:

The North American Securities Administrators Association (NASAA) requires investment advisers to deliver the Brochure (Form ADV Part 2A) and the Brochure Supplement (Form ADV Part 2B) to any prospective client they seek. Both the Brochure and the Brochure Supplement must be delivered within 48 hours of contacting the prospective client.