Is this a registration opinion?

No. It is a scored path map and gap list. It does not create an attorney-client relationship and is not a substitute for a formal opinion or engagement letter.

SEC vs ERA vs state — which does it cover?

The Scorecard maps the common forks: Advisers Act investment adviser facts → exemption / ERA screens → SEC vs state registration edges, including internet-adviser and robo/AI delivery facts. State overlay is flagged; deep multi-state filing plans are out of scope.

Can I get counsel after?

Yes. Mark that you want FinTech Law to contact you, or email contact@fintechlaw.ai. Scope and fees are separate from the Scorecard SKU.

Why isn't checkout live yet?

Paid Production smoke is still the gate. You can start the Scorecard intake on the live tool URL when we open quiet access; we will not promise a working paid checkout until that gate clears.

Is this related to Enzio?

No. This is a FinTech Law product. Enzio was study/example only during build — not the storefront.

FinTech Law · Tools

RIA Registration Path Scorecard

Q: What documents unlock $99?

Two distinct categories from the allowlist (e.g., certificate of formation, OA/LPA, sample subs / PPM excerpt, draft ADV, org chart). One file in one category is not enough.

A paid first-read path map for whether you likely need SEC RIA registration (including internet adviser), an ERA path, and/or state registration — built for VC managers, private fund managers, and robo/AI advisers launching interactive U.S. products.

This is a playbook-scored first read upstream of counsel. It is not a registration opinion letter, not legal advice, and not an attorney-client relationship.

Checkout not live yet — this is a first-read path map, not an opinion. Coming prices: $199 standard, or $99 with supporting docs.

Paid checkout opens after Production smoke.

Start Scorecard Read the private-fund launch guide

Quiet access: contact@fintechlaw.ai

What it is

A structured Scorecard under the Investment Advisers Act decision spine:

Do the facts look like an investment adviser (advice for compensation about securities)?
If yes → does a federal exemption look available (e.g., venture capital adviser, private fund adviser / ERA screens)?
If exemption → ERA path flags (Form ADV timing, annual update) plus state overlay (place of business / notice / de minimis — federal ERA ≠ automatic state free pass).
If no exemption → register: SEC vs state by AUM / mid-size edges; flag internet / robo-AI facts when they matter to the SEC path.
If not an IA on these facts → no Advisers Act registration from this map; still flag state securities / IA checks.

You get a PDF path map: likely node, key open facts, and what would change the answer.

What it isn't

Not a registration opinion letter
Not Form ADV drafting, IARD filing, or a compliance manual
Not a substitute for counsel on incomplete, edge, or high-stakes facts
Not unlimited email access to Bo
Not an Enzio product or third-party storefront

If you need a scoped engagement after the map, reply or ask FinTech Law to contact you the normal way.

Who it's for

Primary

Venture / qualifying VC strategy managers sorting ERA vs full SEC registration
Private fund advisers hitting ERA, SMA, and mid-size RAUM edges
Robo / AI / internet-advice models weighing SEC internet-adviser runway vs state paths

Secondary

Declined / nurture prospects who already asked “do I need to register?” and want a paid first read before (or instead of) a full engagement letter

Not for

Anyone expecting a signed legal opinion for $99 or $199

How it works

Guided intake

Entity, activity, client/fund facts, compensation, holding-out, and the registration spine questions.

Optional supporting docs

Formation docs, operating agreement / LPA, subscription or PPM excerpt, draft ADV, or org chart. Two distinct categories on file unlock the $99 price; skipping still allows the $199 path once paid checkout is live.

Score + PDF

Likely path node(s), open facts, what would change the answer, disclaimer block.

Optional counsel handoff

Say if you want FinTech Law to follow up; COS routes that as a normal lead, not free unlimited advice.

Allowlist examples: certificate of formation, OA/LPA, sample subs / PPM excerpt, draft ADV, org chart.

Pricing

Coming prices (paid checkout opens after Production smoke):

SKU	Price	What you get
Standard Scorecard	$199	Guided intake → scored path map PDF
Scorecard w/ supporting docs	$99	Same PDF; accuracy discount when two distinct supporting-document categories are on file

$99 is a discount only when two distinct allowlisted document categories pass the completeness gate (fail-closed). One file or one category does not unlock. Skipping uploads does not block the $199 path (once Mode B / paid checkout is live).

Pack (deeper checklist for the path you scored into): held — not sold on this page.

Start Scorecard

Frequently Asked Questions

Disclaimer

The RIA Registration Path Scorecard is an informational, playbook-scored first-read tool offered by FinTech Law. It is not a registration opinion letter, not legal advice, and does not create an attorney-client relationship. Results depend on the facts you provide; incomplete or inaccurate inputs can change the map. For advice you can rely on, engage counsel under a separate engagement letter. Sharing this tool or completing a Scorecard before an engagement letter does not create an attorney-client relationship.