Annual updating amendment: due within 90 days of fiscal year-end — March 31, 2027 for calendar-year firms Advisers Act Rule 204-1
Form ADV annual amendment · SEC-registered + CA, TX, FL, NY, IL

File it yourself. Verify everything.

AdvisorFile pre-fills your annual amendment from your prior filing, cross-checks every answer across Parts 1A and 2A, and cites the actual SEC instruction behind each question. You review, you file, you stay in control — in an afternoon, not a dreaded weekend.

You were always the filer of record. Consultants charge $2,000+ to prepare the same amendment you still sign and remain responsible for.

Consistency checkParts 1A ↔ 2A
Item 5.F — Regulatory AUMMatches your AUM worksheet as of 12/31 fiscal year-end.
Item 9 — CustodyAnswers consistent with brochure Item 15.
!
Brochure Item 5 — FeesYour fee schedule changed in Part 2A but Item 5.E still shows the prior structure. Review before filing.
Item 1 — Identifying infoNo changes detected since prior filing.
What the same amendment costs today

The SEC's filing fee is $40–$225. So why does the amendment cost $2,000?

The IARD system charges small firms as little as $40 to file. Everything above that is preparation — and preparation is what you're paying a consultant for, even though you're still the one who signs, certifies, and carries the responsibility.

DIY with last year's PDF

$0

A dreaded weekend of guesswork and the highest risk of inconsistent answers.

Compliance consultant

$2,000+

Flat-fee amendment engagements commonly run about $1,995. You still sign; you're still liable.

Legacy compliance platform

$3K–$40K/yr

Full compliance suites built for firms with a dedicated CCO. Overkill for one filing.

Guided self-filing

$499

Pre-filled, cross-checked, cited to the SEC instructions. You keep the control you had anyway.

Market pricing verified July 2026 from published consultant and platform pricing; ranges vary by firm complexity. IARD filing fees ($225 / $150 / $40 by AUM tier) are paid separately to IARD by every filer regardless of preparation method.

How it works

Three steps. One afternoon.

Step 1 — Import

Pre-fill from your prior filing

AdvisorFile imports your current Form ADV from public IAPD data. Every answer from last year is already in place — you only touch what changed.

Step 2 — Update & verify

Guided questions, cited to the source

Work through the items that need annual updating — the AUM worksheet, client counts, fee schedules, brochure language — with each question citing the specific SEC instruction it comes from. The consistency checker flags answers that conflict across Parts 1A and 2A or with your prior filing.

Step 3 — File

Follow the IARD filing checklist

Export your redlined brochure, fund your IARD account, and submit through IARD with a step-by-step checklist. You file it — because you're the filer of record, and that never changes.

What's included

Built for the adviser who is also the CCO

IAPD import

Your prior Form ADV, pre-filled so you start from your own answers — not a blank form.

Regulatory AUM worksheet

Calculate regulatory assets under management as of fiscal year-end the way Item 5.F expects, with the instruction text alongside.

Consistency checker

Cross-checks answers across Parts 1A and 2A and against your prior filing, and flags conflicts before you submit. It helps you catch what's easy to miss — you remain responsible for your filing.

Citations to SEC instructions

Every guided question links the specific Form ADV instruction or Glossary definition behind it, with the date the instructions were last checked shown on every citation.

Redlined brochure language

See exactly what changed in your Part 2A year over year, ready for your material-changes summary.

IARD filing checklist

Account funding, completeness check, submission — the mechanical steps in order, so nothing stalls on March 30.

Year-round dashboard Roadmap

Materiality checker, other-than-annual amendment prompts, Form CRS 30-day tracking, brochure delivery reminders, and a living audit trail. In development for subscribers — not yet shipped.

Firm tier Roadmap

Multiple IARs, Part 2B supplement management, and roles for 2–50 person firms. Planned.

Pricing

One filing, or the whole year

Annual amendment
$499
one-time · one amendment cycle
  • IAPD import & pre-fill
  • Guided Parts 1A & 2A with citations
  • AUM worksheet & consistency checker
  • Redlined brochure & IARD checklist
Start with the free checklist

Roadmap items are marked because they aren't shipped yet. We'd rather tell you that here than have you find out after you pay. IARD filing fees are paid separately to IARD.

Free download

The Form ADV Annual Amendment Checklist

Every item that needs annual review across Parts 1A and 2A, the 10 consistency errors examiners find most often, and the IARD mechanics — in one printable checklist. Built from the SEC's own Form ADV instructions.

One email with the checklist, plus filing-season reminders you can turn off with one click. No spam. Unsubscribe anytime.
Questions advisers actually ask

FAQ

Do you file the amendment for me?

No — you file through IARD, exactly as you do today, and you remain the filer of record. AdvisorFile prepares, verifies, and organizes everything so the filing step is a checklist, not a scramble. That's a feature: you never hand over IARD credentials or control.

Is this legal or compliance advice?

No. AdvisorFile is software. It shows you the SEC's own instructions and checks your answers for internal consistency, but it doesn't advise you on your specific situation. For disciplinary events, custody questions, or anything unusual, talk to a securities attorney or compliance professional.

What if my situation is complicated — private funds, custody, disciplinary history?

Then AdvisorFile may not be the right tool this year, and we'll tell you so inside the product when we detect those situations. Complex Schedule D issues and disciplinary disclosures deserve professional counsel.

Which registrations do you support at launch?

SEC-registered advisers, plus state-registered firms in California, Texas, Florida, New York, and Illinois. Additional states are on the roadmap.

How do I know the citations are current?

Every citation shows the date the underlying SEC instructions were last verified. If the SEC revises the Form ADV instructions, we update and re-date the citations before filing season.

What happens if the checker misses something?

The consistency checker is a safety net, not a guarantee — no software can promise an error-free filing, and anyone who promises that is overselling. You review every answer, and you're responsible for your filing, the same as you are today with or without a consultant.