Disclosure Documents

Review the information below for Private Advisor Group disclosure updates.

Private Advisor Group Annual Notice: Summary of Material Changes

Private Advisor Group, LLC’s Form ADV Part 2A (“Brochure”) dated March 17, 2023 contains the following material changes to the Brochure since its last annual update filed on April 19, 2022:

  • In July 2022, the Registrant entered into a settlement with the Securities and Exchange Commission (“SEC”) with respect to mutual fund share class purchases and disclosures. Please see Item 9 of this Brochure for a detailed summary, including a link to the SEC Order.
  • Item 4 of this Brochure was updated to:
    • Enhance disclosures regarding conflicts of interest to consider in connection with the selection of mutual funds and a specific transaction cost commonly known as ticket charge or ticket fee associated with each mutual fund transaction as well as its settlement with the SEC.
    • Reference WealthSuite by Private Advisor Group, a new proprietary wrap fee program operated by Registrant.
    • Direct clients to the Registrant’s wrap fee brochure for the various wrap fee programs sponsored by Registrant which provide further details regarding the custodians available through Registrant’s wrap fee programs.
    • Clarify the non-wrap fee advisory services available through the Registrant.
    • Reference membership access to DPL Financial Partners, LLC insurance services platform
  • Item 6 of this Brochure was updated to provide additional details regarding Registrant’s portfolio manager selection and evaluation processes.

Complete copies of Private Advisor Group, LLC’s Part 2A Brochure, Part 2A – Brochure, Appendix For IAR-managed Custodian Programs and other wrap accounts, Part 2A – WealthSuite Wrap Fee Program Brochure and Privacy Notice are available below (complete disclosure package). If you have any questions about this summary or about the contents of the brochures, please contact us at (973) 538-7010 or RIAcompliance@PrivateAdvisorGroup.com

Additional Disclosures

Please click through below for disclosures on specific investment programs used by Investment Advisor Representatives of Private Advisor Group:

RIA Platform Agreements

Click below for access to the most current version of LPL independent investment advisor account agreements.