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Financial encyclopediaReviewed 2026-10-23

Investment Adviser Public Disclosure (IAPD)

The Investment Adviser Public Disclosure (IAPD) database contains registration documents filed by investment adviser firms that register electronically using the Investment Adviser Registration Depository (IARD) . IAPD also contains registration information filed with the states by individuals acting as investment adviser representatives, if they are required to register. Not all states require investment adviser representatives to register.

Sources and references ↗
PROFILE / FACT FILE

Concept at a glance

Term
Investment Adviser Public Disclosure (IAPD) [1]
Subject area
Investor.gov glossary [1]
Jurisdiction / scope
US regulatory and investor-education context [1]
Primary reference
SEC · Investor.gov [1]

Definition and explanation

The Investment Adviser Public Disclosure (IAPD) database contains registration documents filed by investment adviser firms that register electronically using the Investment Adviser Registration Depository (IARD) . IAPD also contains registration information filed with the states by individuals acting as investment adviser representatives, if they are required to register. Not all states require investment adviser representatives to register. [1]

All information filed by advisers on Form ADV is available on IAPD, except for certain personal identifying information.  The IAPD website is available 24 hours a day, free of charge. Investors can also call the SEC’s toll-free investor assistance line at (800) 732-0330 for help. [1]

Information concerning investment advisers that are no longer registered with the SEC or states is made available on IAPD for ten years after the adviser is no longer registered. If you are deciding whether to hire an investment adviser, you should verify that your adviser has an active registration by reviewing the information available at the "Registration/Reporting Status" tab. [1]

For more information on this topic, please read our publication, Investor Bulletin:  What is IAPD (Investment Adviser Public Disclosure)? . [1]

Source-supported connections

Investment Adviser Public Disclosure (IAPD) → Mentioned in the official explanation → Disclosure [1]
Investment Adviser Public Disclosure (IAPD) → Mentioned in the official explanation → Form ADV [1]
Investment Adviser Public Disclosure (IAPD) → Mentioned in the official explanation → Investment Adviser [1]
Investment Adviser Public Disclosure (IAPD) → Mentioned in the official explanation → Investment Adviser Registration Depository (IARD) [1]

Frequently asked questions

What does Investment Adviser Public Disclosure (IAPD) mean in the cited reference?

The Investment Adviser Public Disclosure (IAPD) database contains registration documents filed by investment adviser firms that register electronically using the Investment Adviser Registration Depository (IARD) . IAPD also contains registration information filed with the states by individuals acting as investment adviser representatives, if they are required to register. Not all states require investment adviser representatives to register. [1]

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Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.

Sources and review dates

  1. US SEC · Investor.gov — Investment Adviser Public Disclosure (IAPD) ↗

Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.

Content preparation: source-based compilation with AI assistance. See methods and attribution. Named sources identify the underlying records; no individual expert review is claimed.