If you are interested in investing but having a difficult time navigating through the strange vocabulary and technical speak used in investment materials, seek out an ADV brochure. Since 2011 the SEC has required companies to offer ADV brochures to spell out for investors their services offered, the schedule of fees, any disciplinary information, possible conflicts of interest, as well as the business and educational backgrounds of management and advisory personnel. Reading this investment document is an important first step in finding investment opportunities and getting life insurance analysis. Those with high incomes may wish to secure their investments with something like a trust owned life insurance policy.
Before you hire or work with any investment adviser be sure to request and carefully read their ADV brochure. Advisers are required to provide annual updates to clients about any updates to their brochure and must provide a new one every time there are updates, so ensure you are reading the most up to date copy. If you will be working with another employee acting on behalf of your adviser they must make additional disclosures in an appended Adv brochure.
