Illinois State-Registered RIA Compliance
Compliance resources and tools tailored for state-registered investment advisors in Illinois.
Regulatory Authority
Illinois Secretary of State — Securities Department
Exam frequency: Every 3–5 years
Fee data: IARD IA Firm Fee Schedule (11/1/2025), IAR Fee Schedule (3/6/2026)
Key Illinois Compliance Requirements
State-specific regulations that Illinois RIAs must follow.
NASAA Model Rules
NASAA has adopted model rules covering custody, books & records, ethics, marketing, and more. Individual state adoption varies.
NASAA model rule adoption varies by state and is governed by each state's securities regulations. For Illinois-specific adoption status, consult the Illinois Secretary of State — Securities Department. For verified adoption data across all states, see our State Adoption Tracker.
Illinois Exam Preparation
Be ready when your state examiner schedules an inspection.
Document Preparation
Ensure all required books, records, and compliance documentation are organized and accessible.
Compliance Program Review
Verify your written compliance policies address all state-specific requirements.
Staff Training Records
Maintain documentation of ongoing compliance training for all advisory personnel.
Regulatory Filings
Confirm all state registration filings, amendments, and renewals are current.
Ready to simplify Illinois compliance?
Compliance Approved helps Illinois state-registered RIAs stay compliant with automated tracking and documentation.