Form ADV

NOTABLE CHANGES TO SEC'S FORM ADV

The SEC adopted changes to the Form ADV in an effort to modernize and enhance the disclosure requirements.  These changes will go into effect October 1, 2017.  The SEC anticipates that the amended form will fill data gaps and improve risk monitoring initiatives. In addition to the detailed reporting requirements with respect to separately managed accounts (those advisory accounts that are not pooled investment vehicles) and umbrella registration, several notable amendments include: