Resources · Guides
Guides for emerging managers
Interactive playbooks, not blog posts. Launch a private fund, pick an ERA exemption door, map SEC vs state RIA registration, or open the SEC exam guide if you already have a request list.
Fund formation
Launching a private fund
An interactive ERA / RIA walkthrough: formation, administrators, offering documents, SEC and state registration, and the GP-independence fork that decides everything downstream.
ERARIA
ERA exemptions
ERA exemptions: VC vs private fund adviser
Door A (203(l)), Door B (203(m) under $150M), or full RIA — decision forks, filing clocks, and drift traps before your first LP call.
VC-ERAPF-ERARIA
RIA registration
SEC registration for RIAs
Do I need to register with the SEC? Advisers Act definition, ERA vs register path, AUM thresholds, Form ADV, and day-one duties — with track-aware forks.
Exempt / ERARegister
SEC exams
SEC exam attorney
Document production, deficiency letters on initial registration, and remediation — with the SEC compliance practice page as the conversion URL.
RIAFunds
Comparison
Boutique vs big law for RIA registration
Fixed fees, who drafts your ADV, and when a large multi-practice firm is the better fit for fund and adviser work.
RIAFunds
Comparison
Securities lawyer for VC funds
Fund and SPV formation, venture capital adviser exemption (203(l)), Reg D 506(b)/(c), and side letters.
VCERA
Comparison
Crypto and digital-asset SEC counsel
Security status, crypto fund structure, custody, and adviser registration — mapped by business type.
Digital assetsFunds