Form Adv

Draft IARD-Ready Form ADV Filings in Minutes

14 minutes with Para

Explore this workflow

Get started with Para

Para is an AI colleague for legal teams. Send it this work by email, Teams or Slack, and it hands back the finished document.

14 minutes with Para

What you'll need

Entity Formation & Ownership Documents
Advisory Agreements & Fee Schedules
Compliance Policies

Plans from $20 a month, with usage included.

Workflow

Overview

CaseMark's Form ADV skill automates the drafting of SEC and state-filed investment adviser registration documents, including Parts 1A, 1B, 2A, and 2B. It transforms your entity documents, advisory agreements, compliance policies, and personnel bios into a complete, internally consistent filing package ready for compliance review and IARD submission.

Drafting Form ADV is one of the most labor-intensive tasks in investment adviser compliance. Coordinating data across Parts 1A, 1B, 2A, and 2B requires cross-referencing dozens of source documents, ensuring internal consistency, and translating technical details into plain-English disclosures—all while meeting strict regulatory formatting requirements.

CaseMark automates the entire Form ADV drafting process by extracting and organizing information from your source documents into IARD-ready responses, client-facing brochures, and supervised person supplements. The AI ensures consistency across all parts and proactively flags missing or unverified data, giving compliance teams a complete draft ready for review rather than a blank form.

How to hand this to Para

1. Send Para the files
Email them, drop them in a Teams or Slack message, or upload them.
2. Para runs the Form Adv skill
It works from your files and checks its citations against the record.
3. The finished document comes back
Para returns it where you asked, usually as a DOCX, and offers the next step.

Example request · email, Teams or Slack

Para, run the Form Adv skill for the Garcia matter. I've attached the Entity Formation & Ownership Documents, Advisory Agreements & Fee Schedules and Compliance Policies. Send the finished draft back here as a DOCX.

What Para does

1. Upload entity formation docs, advisory agreements, compliance policies, and supervised person bios
2. AI extracts key data points and populates the Form ADV data table across all Parts
3. Review the generated Parts 1A, 1B, 2A, and 2B for accuracy and completeness
4. Export IARD-ready filings and client-facing brochures in your preferred format (DOCX, PDF)

What you get

Part 1A IARD-Ready Responses
Part 1B State Registration Responses
Part 2A Client-Facing Brochure
Part 2B Supervised Person Supplements
Cover Page with Filing Date
Open Issues List

What it handles

Generates complete Part 1A responses formatted for IARD submission
Produces state-specific Part 1B filings when required
Creates plain-English Part 2A brochures for client-facing disclosure
Drafts individualized Part 2B supplements for each supervised person
Flags open issues for missing or unverified data points
Ensures internal consistency across all Parts and Schedules

Required documents

Entity Formation & Ownership Documents
Articles of incorporation, operating agreements, partnership agreements, and ownership cap table showing 25%+ owners and control persons
.pdf, .docx
Advisory Agreements & Fee Schedules
Client advisory agreements, fee schedules, and billing policies that define services offered, compensation structure, and client types
.pdf, .docx
Compliance Policies
Compliance manual, code of ethics, custody policies, proxy voting policies, and brokerage/soft dollar arrangements
.pdf, .docx

Supporting documents

Prior Form ADV Filings
Previously filed Form ADV or amendments to use as a baseline for updates
.pdf, .docx
Supervised Person Bios
Biographical information for supervised persons including education, business background, certifications, and disciplinary history for Part 2B supplements
.pdf, .docx
AUM Calculations
Regulatory assets under management calculations broken down by discretionary and non-discretionary accounts
.pdf, .docx, .xlsx
Disciplinary History Records
Documentation of any disciplinary events for the firm or management persons, including regulatory actions, arbitrations, or civil proceedings
.pdf, .docx

Why teams use it

Reduce Form ADV drafting time from days to minutes while maintaining filing-quality accuracy

Ensure internal consistency across all Parts, Schedules, and disclosure items automatically

Generate client-ready Part 2A brochures and Part 2B supplements that meet SEC plain-English standards

Identify gaps and unverified data with an automated Open Issues List before submission

Questions

Does CaseMark generate all four parts of Form ADV?

Yes. CaseMark drafts Parts 1A, 1B, 2A, and 2B as a complete, internally consistent package. Part 1B is included when state registration is applicable to your filing.

Are the Part 1A responses formatted for IARD submission?

CaseMark produces Part 1A responses structured to align with IARD item numbers and formatting requirements, making it straightforward to transfer answers into the IARD system for filing.

Can I use this for Form ADV amendments as well as initial filings?

Absolutely. You can upload prior filings or amendments, and CaseMark will draft updated responses reflecting changes to your firm's information, services, or personnel.

How does CaseMark handle missing or unverified information?

CaseMark generates an Open Issues List that flags any data points that are missing, ambiguous, or require verification—such as disciplinary history, which is never assumed absent without confirmation.

Is the Part 2A brochure written in plain English for clients?

Yes. CaseMark drafts the Part 2A brochure in clear, plain-English language suitable for client-facing disclosure, following SEC guidance on readability and completeness.

Can I generate individual Part 2B supplements for multiple supervised persons?

Yes. CaseMark creates separate Part 2B supplements for each supervised person based on the biographical information you provide, covering education, business background, disciplinary history, and outside activities.