Federal covered advisers must make a notice filing regarding branch offices. However, federal covered advisers do not have access to the Form BR functionality on the Central Registration Depository (CRD), so branch office filings must be made directly with the Division of Securities. A web-based application called Branch Office Online (BOO) is available on the DFI website. BOO lets federal covered advisers make all branch office filings electronically and pay the related fees via credit card or e-check. Links to the BOO appication and tutorials appear below. If the federal covered adviser cannot pay via credit card or e-check, a paper filing including the branch office address and opening or closing date must be sent directly to the division. Checks may be made payable to "DFI Division of Securities" for all openings and late fees.
Late Fees and Renewals
If an opening, change of address, or closing for a branch office is not filed within the 14 day time period prescribed, there will be a delinquent filing fee of $100.00 under Wis. Admin. Code s. DFI-Sec 7.01(6)(d).
Federal covered advisers must review their list of branches using the BOO application beginning the middle of October and submit renewal payments prior to December 1st. Renewals can be accomplished using BOO and paying by credit card or e-check. If the firm is unable to renew via credit card or e-check, it should print the list of branches from BOO and mail it to the division along with a check for the required renewal fees. All renewals must be completed or received by the division by December 1st, or the closest working day prior to that date. The date they are actually received in the divison is the date they are deemed filed. The renewal fee is $80.00 for each branch office under Wis. Admin. Code s. DFI-Sec 5.04(6).
Branch Office Online Application
File a branch office application.
Contact Us
Phone: (608) 266-2139
Email: DFISecurities@dfi.wisconsin.gov