Investment Advisers

Statute Authority

Michigan Uniform Securities Act, Article 4

Rule Authority

New Administrative Rules (PDF) (Effective 7.3.19)

Forms/ Documents

Advisers

  • State of Michigan Advisers
    Investment Advisers located in the State of Michigan must register the firm prior to commencing business in Michigan.
  • Out of State Advisers
    A person shall not transact business in this state as an investment adviser unless the person is registered as an investment adviser or is exempt from registration.  (MCL 451.2403)

     

Registration Process

Michigan’s Corporations, Securities, and Commercial Licensing Bureau’s Securities & Audit Division mandates the use of FINRA’s Investment Adviser Registration Depository (IARD) for all investment adviser registration applicants.

Applicants will partially file electronically through the IARD system and partially file on paper with the State of Michigan Securities & Audit Division (LARA).
 
 
 
Contact Us:
Department of Licensing and Regulatory Affairs (LARA)
Corporations, Securities & Commercial Licensing Bureau (CS&CL)
Securities and Audit Division
Address:  PO Box 30018, Lansing, MI 48909
Overnight Mail (FedEx/UPS): 2407 N. Grand River Ave, Lansing, MI 48906
Phone: (517) 335-5237
Fax:  (517) 241-6656
Email:
LARA-CSCL-Securities-Audit@michigan.gov