Benefit — brochure accuracy
What accurate AI disclosure prevents on your next filing
The 2026 Form ADV Part 2A amendment adds AI-specific disclosure. Misstatement lands on Advisers Act §207. Delivering a brochure with a known omission repeats the misstatement on every delivery.
The three moments where it matters
- Annual amendment cycle. Every RIA amends its Form ADV within 90 days of fiscal year end. The AI-disclosure section needs the current fact set at amendment time. Without it, the firm ships another year of stale or incomplete disclosure.
- Brochure delivery to new clients. Every new-client onboarding includes Part 2A delivery. Delivery of a brochure the firm knows is inaccurate is not a passive omission — it is an active misstatement to that new client.
- Section 207 enforcement. Willful misstatement or omission is criminal + civil. SEC enforcement matters citing Part 2A misstatement carry both direct penalties and follow-on Reg BI / §206 exposure.
Dollar frame
Section 207 penalties: criminal exposure for willful violations; civil penalties + disgorgement + injunctive relief for the firm and principals.
Re-delivery cost: after a finding, corrected brochures must be re-delivered to affected clients. Direct administrative cost + client-relationship friction.
Preventive stance value: $499 Snapshot produces the fact set + language the brochure needs at amendment time. No amendment lags. No stale delivery.
Who at your org cares
- Chief Compliance Officer — annual amendment ownership
- Managing Principal / CEO — signature exposure on Form ADV
- Outside regulatory counsel — disclosure-language review
- Head of Client Onboarding — new-client brochure delivery
What "having it" looks like
Green: Annual amendment cites the Snapshot record for AI-tool function, inputs, and material limitations. Brochure delivered to new clients is accurate.
Red: Amendment ships with generic "we use AI" language. First SEC exam that draws AI focus opens with a Part 2A finding. Section 207 exposure is live.
$499. 3 business days.
The fact set your next Form ADV amendment needs to be accurate on AI disclosure.
Buy $499