IAR registration & Form U4

How much does it cost to register an investment adviser representative?

A transparent, per-representative breakdown to register your reps and file Form U4 in any U.S. state — our flat $175 service fee per rep, plus the state IAR registration fee and the one-time IARD/FINRA setup fee, shown separately so nothing is hidden.

$175 flat per rep — our feeAll 50 states + DC & territoriesGovt fees shown at cost
Estimate your cost

Register reps & file Form U4 — what will it cost?

Pick your state and how many representatives you need to register. We show the Inovadora service fee alongside the state and IARD/FINRA filing fees so you can plan the full cost.

Select a jurisdiction to see the cost to register your representative(s).

State-by-state

Cost to register one IAR, by state

Per-representative totals below combine our flat $175service fee with each jurisdiction's IAR registration fee and the $15IARD/FINRA setup fee. Multiply by the number of reps you're registering.

State / jurisdictionInovadora feeState IAR feeIARD setupTotal per rep
Alabama$175$70$15$260
Alaska$175$75$15$265
Arizona$175$40$15$230
Arkansas$175$75$15$265
California$175$50$15$240
Colorado$175$15$15$205
Connecticut$175$125$15$315
Delaware$175$65$15$255
District of Columbia$175$45$15$235
Florida$175$50$15$240
Georgia$175$255$15$445
Hawaii$175$50$15$240
Idaho$175$30$15$220
Illinois$175$150$15$340
Indiana$175$25$15$215
Iowa$175$30$15$220
Kansas$175$0$15$190
Kentucky$175$50$15$240
Louisiana$175$0$15$190
Maine$175$50$15$240
Maryland$175$50$15$240
Massachusetts$175$50$15$240
Michigan$175$65$15$255
Minnesota$175$50$15$240
Mississippi$175$50$15$240
Missouri$175$50$15$240
Montana$175$100$15$290
Nebraska$175$40$15$230
Nevada$175$110$15$300
New Hampshire$175$130$15$320
New Jersey$175$210$15$400
New Mexico$175$50$15$240
New York$175$200$15$390
North Carolina$175$75$15$265
North Dakota$175$60$15$250
Ohio$175$35$15$225
Oklahoma$175$50$15$240
Oregon$175$50$15$240
Pennsylvania$175$135$15$325
Puerto Rico$175$150$15$340
Rhode Island$175$60$15$250
South Carolina$175$55$15$245
South Dakota$175$50$15$240
Tennessee$175$50$15$240
Texas$175$35$15$225
Utah$175$30$15$220
Vermont$175$80$15$270
Virgin Islands$175$50$15$240
Virginia$175$40$15$230
Washington$175$50$15$240
West Virginia$175$105$15$295
Wisconsin$175$80$15$270
Wyoming$175$45$15$235

State and IARD/FINRA fees are set by the regulators and reflect the latest published NASAA/IARD and state schedules. Pricing can vary with your firm's specifics and the jurisdictions involved, and is confirmed in writing before any work begins.

Getting started

From resume to filed U4 — how it works.

A simple, guided process. We handle the drafting and the filing; you review and approve.

1

Share your resume & contact info

Send us an up-to-date resume and the best way to reach you. It gives us your employment history and the starting details for the filing.

2

Grant IARD access

Give us access to your firm's IARD/CRD account so we can prepare and submit the Form U4 on your behalf — that access is what lets us help you.

3

We securely collect the U4 details

We'll request the information the U4 requires — Social Security number, date of birth, and your address and employment history — through a secure channel, never a public form.

4

We draft your Form U4

Our team prepares the complete Form U4, including the disclosure sections, so it's accurate and ready for submission.

5

You review, we file

You review the draft and confirm everything is correct. Once you approve, we file it through IARD and track it through to acceptance.

Get started

Ready to register your representatives?

Tell us your state(s) and how many reps you're adding. We'll confirm the exact cost and timeline — no obligation.

Inovadora Business Services

Email: info@inovadoraservices.com

Launching a new firm too? See full RIA registration →

We review every request and follow up with next steps promptly.

FAQ

Common questions.

How much does it cost to register an investment adviser representative (IAR)?

Inovadora charges a flat $175 service fee per representative to prepare and file the Form U4 (IAR registration). On top of that, you pay the state's IAR registration fee (which ranges from $0 to about $255 depending on the state) and a one-time $15 IARD/FINRA system setup fee — both paid directly to those agencies. Use the calculator on this page for your exact state and number of reps.

What is a Form U4?

Form U4 (Uniform Application for Securities Industry Registration or Transfer) is the filing that registers an individual as an investment adviser representative under a firm, submitted through the IARD/CRD system. Every IAR must have a current, accurate U4 on file.

Do these prices include state filing fees?

The calculator shows them separately. The Inovadora service fee is paid to us; the state IAR registration fee and the IARD/FINRA setup fee are paid by you directly to those agencies. We show all three so you can see the full cost up front.

Can the pricing change?

State and IARD/FINRA fees are set by the regulators and can change; our estimates reflect the latest published schedules. Final amounts depend on your firm and the jurisdictions involved, and we confirm everything in writing before any work begins.

Can you register a representative in more than one state?

Yes. Each state where a representative registers charges its own IAR fee, so a rep registering in multiple states incurs each state fee separately. Contact us and we will map out the exact per-state cost.