easy · Certified Financial Planner General Principles

Voss Wealth Management manages $104,000,000 in regulatory assets under management.

According to the Investment Advisers Act registration thresholds, which statement accurately describes the firm's registration status?

  1. The firm must withdraw from state registration once it exceeds the $90,000,000 floor.
  2. The firm must register with the state because it has not yet reached $110,000,000.
  3. The firm may choose to remain state-registered or register with the SEC.
  4. The firm is required to register with the SEC because it has exceeded $100,000,000.

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