Arkansas Registered Investment Adviser Firms Registration Requirements refers to the requirements for firms that provide investment advice or services to clients in the state of Arkansas. Arkansas requires firms to register with the Arkansas Securities Department and must complete an application, pay a registration fee, and provide certain other documents. The type of registration required depends on whether the firm is a state-registered investment adviser or a federally-registered investment adviser. State-Registered Investment Adviser: A state-registered investment adviser must submit a Form ADV Part 1, a Form U-4, and a Form U-5 to the Arkansas Securities Department. The firm must also pay an initial registration fee of $500 and an annual renewal fee of $400. Federally-Registered Investment Adviser: A federally-registered investment adviser must submit a Form ADV Part 1, a Form U-4, and a Form U-5 to the Arkansas Securities Department, as well as a copy of the firm’s federal registration. The firm must also pay an initial registration fee of $200 and an annual renewal fee of $150. In addition to the registration requirements, Arkansas Registered Investment Adviser Firms must also comply with the Arkansas Securities Act and the Arkansas Securities Commission Rules. Firms must also maintain adequate books and records, provide required disclosures to clients, and ensure that the advice they provide is suitable for the client’s needs.