Slagle Financial, LLC ADV
Form ADV is used by investment advisers to register with the Securities and Exchange Commission (SEC) and with state securities authorities. Thereafter, the Form ADV must be updated at least annually and made available as public record. You can find a copy of Slagle Financial’s most recent ADV Form 1A, ADV Form 2A and ADV Form 3 on the SEC’s Investment Adviser Public Disclosure (IAPD) website at www.adviserinfo.sec.gov.
Slagle Financial LLC’s Form ADV consists of the following:
- Form ADV Part 1A provides specific information about an investment adviser’s business, ownership, clients, employees, business practices, affiliations, and any disciplinary events of the firm or its employees. The SEC uses this information to process registrations and to manage its regulatory and examination programs. Form ADV 1A is updated each year within 90 days of Slagle Financial’s December 31 fiscal year-end. Slagle Financial’s ADV Form 1A filing is available to the public on the IAPD website.
- Form ADV Part 2A is commonly referred to as the “Client Brochure." It is a disclosure document for clients and prospective clients. It includes information such as the types of advisory services offered, the adviser’s fee schedule, disciplinary information, and conflicts of interest. Investment advisers are required to deliver annually to clients a summary of material changes to the Client Brochure, if any, and either deliver a complete updated Client Brochure or offer to provide the client with the updated Client Brochure. Additionally, Slagle Financial provides the Client Brochure to prospective clients at or before the time that Slagle Financial begins to provide investment advice to a client. Slagle Financial’s ADV Form 2A filing is available to the public on the IAPD website.
- Form ADV Part 3 is the “Client Relationship Summary” also known as Form CRS. The relationship summary contains important information about the adviser such as: the types of services the firm offers; the fees, costs, conflicts of interest, and required standard of conduct associated with those services; whether the firm and its financial professionals have reportable legal or disciplinary history; and, how to receive more information about the firm. For existing clients, Form CRS is required to be delivered: i. on an initial one-time basis within 30 days after the date the Advisor is first required to file, ii. with the opening of an account which is different than the retail investor’s existing account, iii. upon the recommendation of a rollover of assets from a retirement account into a new or existing account or investment and iv. upon the recommendation of a new brokerage or investment advisory service that does not necessarily involve the opening of a new account and would not be held in an existing account. Form CRS will be delivered to clients upon request without charge. Form CRS will be updated within 30 days after any information becomes materially inaccurate. The firm will communicate these changes to existing retail investors within 60 days after the updates are required to be made. Any material changes will be included in an exhibit summarizing the material changes. Slagle Financial’s Client Relationship Summary is available to the public on the IAPD website.