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Florida Private Fund Manager / Exempt Reporting Adviser Compliance
Florida is a top destination for relocating wealth managers. FIN Group provides fractional CCO services, Form ADV (Part 1A only for ERAs) filings, annual reviews, and exam support for Private Fund Manager / Exempt Reporting Advisers operating here.
Who needs to register in Florida
Any Private Fund Manager / Exempt Reporting Adviser with a principal place of business in Florida, or with clients located in Florida above the de minimis threshold, must register with the Florida Office of Financial Regulation (OFR) or — if eligible — with the SEC.
Florida-specific nuance
Florida charges $200 for state RIA registration and requires a Form U4 for each IAR, with annual renewal due December 31.
Regulator: Florida Office of Financial Regulation (OFR)
Annual obligations for Private Funds
The core federal calendar that applies on top of Florida's requirements:
- File Form ADV Part 1A within 60 days of crossing $150M AUM threshold for full registration
- File Form PF for private fund advisers with $150M+ in private fund AUM
- Comply with the new Private Fund Adviser Rules (quarterly statements, annual audit, fairness opinions)
- Maintain a written compliance program addressing valuation, allocations, and conflicts
- Custody Rule (206(4)-2) compliance via qualified custodian and annual surprise audit
- Investor side-letter tracking and most-favored-nation disclosures
How FIN Group helps Florida Private Funds
Fractional CCO
A named, senior CCO who owns your Form ADV (Part 1A only for ERAs) filings, annual review, and exam response.
Explore Fractional CCOCompliance Calendar Software
RegReview tracks every state, federal, and firm-level deadline with automatic reminders.
Explore Compliance Calendar SoftwareMarketing Compliance Review
ADScanner reviews every piece of marketing for Rule 206(4)-1 / FINRA 2210 issues in seconds.
Explore Marketing Compliance ReviewInvestor Onboarding
InvestPrep handles KYC, AML, and subscription documents end-to-end.
Explore Investor OnboardingPrivate Fund compliance in other states
Also exploring a different registration type? Florida RIA · Florida Broker-Dealer
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