Form ADV Part 2A—commonly called the adviser brochure—is a required disclosure document that outlines a firm's services, fees, conflicts of interest, and investment approach. This video breaks down what must be included and how it's used to promote transparency between advisers and clients.

You’ll learn:

• The purpose of Form ADV Part 2A and who must file it

• Key disclosure categories, including fees, services, and conflicts

• Delivery and updating requirements

• How it differs from Form ADV Part 2B (brochure supplement)

• What details are emphasized on licensing exams

📘 Related Exams: Series 63, Series 65, Series 66
🧠 Skill Level: Beginner to Intermediate
📈 Topics Covered: Investment adviser regulation, client disclosure, Form ADV, brochure content and requirements