# 🏛️ SEC Form ADV Adviser Watch — RIA Change Feed (`nexgenwatch/form-adv-watch`) Actor SEC Form ADV / IAPD watch — new and changed investment advisers (RIA/ERA): registrations, AUM bands, status changes. Delta feed. - **URL**: https://apify.com/nexgenwatch/form-adv-watch.md - **Developed by:** [NexGen Watch](https://apify.com/nexgenwatch) (community) - **Categories:** Business - **Stats:** 2 total users, 1 monthly users, 100.0% runs succeeded, 0 bookmarks - **User rating**: No ratings yet ## Pricing from $53.60 / 1,000 adviser deltas This Actor is paid per event. You are not charged for the Apify platform usage, but only a fixed price for specific events. Since this Actor supports Apify Store discounts, the price gets lower the higher subscription plan you have. Learn more: https://docs.apify.com/platform/actors/running/actors-in-store#pay-per-event ## What's an Apify Actor? Actors are a software tools running on the Apify platform, for all kinds of web data extraction and automation use cases. In Batch mode, an Actor accepts a well-defined JSON input, performs an action which can take anything from a few seconds to a few hours, and optionally produces a well-defined JSON output, datasets with results, or files in key-value store. In Standby mode, an Actor provides a web server which can be used as a website, API, or an MCP server. Actors are written with capital "A". ## How to integrate an Actor? If asked about integration, you help developers integrate Actors into their projects. You adapt to their stack and deliver integrations that are safe, well-documented, and production-ready. The best way to integrate Actors is as follows. In JavaScript/TypeScript projects, use official [JavaScript/TypeScript client](https://docs.apify.com/api/client/js/docs.md): ```bash npm install apify-client ``` In Python projects, use official [Python client library](https://docs.apify.com/api/client/python/docs.md): ```bash pip install apify-client ``` In shell scripts, use [Apify CLI](https://docs.apify.com/cli/docs.md): ````bash # MacOS / Linux curl -fsSL https://apify.com/install-cli.sh | bash # Windows irm https://apify.com/install-cli.ps1 | iex ```bash In AI frameworks, you might use the [Apify MCP server](https://docs.apify.com/integrations/mcp.md). If your project is in a different language, use the [REST API](https://docs.apify.com/api/v2.md). For usage examples, see the [API](#api) section below. For more details, see Apify documentation as [Markdown index](https://docs.apify.com/llms.txt) and [Markdown full-text](https://docs.apify.com/llms-full.txt). # README ## SEC Form ADV Adviser Change Watch Monitor official SEC adviser reports and receive structured changes for RIAs and exempt reporting advisers. This actor converts the monthly SEC Investment Adviser Information Reports into an auditable recurring delta feed. The first run seeds a private baseline and emits no alerts. Later scheduled runs return new and removed advisers, RIA/ERA registration-class changes, AUM-band filter crossings, and selected profile changes — each with the official source URL, report edition, archive checksum, IAPD firm link, before/after profiles, and reconciled receipts. The reports derive from Form ADV, contain a subset of Form ADV data, and are not guaranteed by the SEC for filer accuracy. ### Sources - Manifest: `https://www.sec.gov/data-research/sec-markets-data/information-about-registered-investment-advisers-exempt-reporting-advisers` (public, logged out). - RIA and ERA monthly report archives are **discovered** from the manifest's same-origin Data-Downloads links and validated against the published path contract — never constructed from user input. - The actor **emits** (never fetches) the IAPD firm summary link `https://adviserinfo.sec.gov/firm/summary/{crd}`. Identified, moderate automation only: descriptive User-Agent, one request per second, concurrency 1, bounded retries with backoff. ### Unit nouns (Pay-Per-Event) - `watch_check` — fires once per run after the selected sources terminate and at least one validates (seed and genuine-zero runs included). - `adviser_delta` — fires once per successfully pushed unique change, deduplicated by `change_id`. Receipts (`source_receipt`) are always pushed and never billed. Amounts are configured at publish time. ### Change types `added_to_scope`, `removed_from_scope`, `registration_class_changed`, `profile_changed`, `entered_filter`, `exited_filter`. Precedence: class change, then add/remove, then filter crossing, then profile change. One delta per adviser per edition. ### Honest limits Monthly, not real-time. Removal means absence from the report, not firm closure or withdrawal. Fields and countries may be incomplete. No brochures, Form CRS, IAPD scraping, EDGAR, state sites, or personal contacts. Public logged-out data only; stops on objection. Not investment, legal, or compliance advice. Schedule weekly or monthly after the seed run; there is no always-on process. # Actor input Schema ## `watchMode` (type: `boolean`): Seed a private baseline and emit only confirmed later changes. First run emits zero deltas. ## `adviserClasses` (type: `array`): Which SEC report classes to read: RIA (registered investment advisers) and/or ERA (exempt reporting advisers). ## `crdNumbers` (type: `array`): Optional. Restrict tracking to these Organization CRD numbers (1-5000 unique positive integers). ## `firmNameContains` (type: `array`): Optional. Keep only advisers whose legal or primary business name contains one of these substrings (case-insensitive). ## `nameMatchMode` (type: `string`): Match any (default) or all of the firmNameContains substrings. ## `states` (type: `array`): Optional. Uppercase USPS state codes for the adviser's principal office. ## `minRegulatoryAumUsd` (type: `integer`): Optional AUM band floor. Advisers with null AUM never match a band filter. ## `maxRegulatoryAumUsd` (type: `integer`): Optional AUM band ceiling. Must be >= minimum. ## `changeTypes` (type: `array`): Which change classes to emit. ## `materialFields` (type: `array`): Which profile field groups count as a material profile change. ## `removalGraceEditions` (type: `integer`): Distinct complete editions an adviser must be absent before a removal is confirmed. ## `includeBeforeAfter` (type: `boolean`): Attach the before and after adviser profiles on each delta. ## `maxItems` (type: `integer`): Maximum adviser deltas to emit this run. Overflow is reported as PARTIAL_MAX_ITEMS. ## `baselineKey` (type: `string`): Named watch baseline. Changing the canonical scope derives a new baseline. ## `resetBaseline` (type: `boolean`): Archive the old baseline, re-seed, and emit zero deltas this run. ## Actor input object example ```json { "watchMode": true, "adviserClasses": [ "RIA", "ERA" ], "nameMatchMode": "any", "changeTypes": [ "added_to_scope", "removed_from_scope", "registration_class_changed", "profile_changed", "entered_filter", "exited_filter" ], "materialFields": [ "names", "registration", "principal_address", "regulatory_aum", "custody", "private_funds" ], "removalGraceEditions": 1, "includeBeforeAfter": true, "maxItems": 5000, "resetBaseline": false } ```` # API You can run this Actor programmatically using our API. Below are code examples in JavaScript, Python, and CLI, as well as the OpenAPI specification and MCP server setup. ## JavaScript example ```javascript import { ApifyClient } from 'apify-client'; // Initialize the ApifyClient with your Apify API token // Replace the '' with your token const client = new ApifyClient({ token: '', }); // Prepare Actor input const input = {}; // Run the Actor and wait for it to finish const run = await client.actor("nexgenwatch/form-adv-watch").call(input); // Fetch and print Actor results from the run's dataset (if any) console.log('Results from dataset'); console.log(`💾 Check your data here: https://console.apify.com/storage/datasets/${run.defaultDatasetId}`); const { items } = await client.dataset(run.defaultDatasetId).listItems(); items.forEach((item) => { console.dir(item); }); // 📚 Want to learn more 📖? Go to → https://docs.apify.com/api/client/js/docs ``` ## Python example ```python from apify_client import ApifyClient # Initialize the ApifyClient with your Apify API token # Replace '' with your token. client = ApifyClient("") # Prepare the Actor input run_input = {} # Run the Actor and wait for it to finish run = client.actor("nexgenwatch/form-adv-watch").call(run_input=run_input) # Fetch and print Actor results from the run's dataset (if there are any) print("💾 Check your data here: https://console.apify.com/storage/datasets/" + run["defaultDatasetId"]) for item in client.dataset(run["defaultDatasetId"]).iterate_items(): print(item) # 📚 Want to learn more 📖? Go to → https://docs.apify.com/api/client/python/docs/quick-start ``` ## CLI example ```bash echo '{}' | apify call nexgenwatch/form-adv-watch --silent --output-dataset ``` ## MCP server setup ```json { "mcpServers": { "apify": { "command": "npx", "args": [ "mcp-remote", "https://mcp.apify.com/?tools=nexgenwatch/form-adv-watch", "--header", "Authorization: Bearer " ] } } } ``` ## OpenAPI specification ```json { "openapi": "3.0.1", "info": { "title": "🏛️ SEC Form ADV Adviser Watch — RIA Change Feed", "description": "SEC Form ADV / IAPD watch — new and changed investment advisers (RIA/ERA): registrations, AUM bands, status changes. Delta feed.", "version": "0.1", "x-build-id": "VHoFchmcoc3tn3iff" }, "servers": [ { "url": "https://api.apify.com/v2" } ], "paths": { "/acts/nexgenwatch~form-adv-watch/run-sync-get-dataset-items": { "post": { "operationId": "run-sync-get-dataset-items-nexgenwatch-form-adv-watch", "x-openai-isConsequential": false, "summary": "Executes an Actor, waits for its completion, and returns Actor's dataset items in response.", "tags": [ "Run Actor" ], "requestBody": { "required": true, "content": { "application/json": { "schema": { "$ref": "#/components/schemas/inputSchema" } } } }, "parameters": [ { "name": "token", "in": "query", "required": true, "schema": { "type": "string" }, "description": "Enter your Apify token here" } ], "responses": { "200": { "description": "OK" } } } }, "/acts/nexgenwatch~form-adv-watch/runs": { "post": { "operationId": "runs-sync-nexgenwatch-form-adv-watch", "x-openai-isConsequential": false, "summary": "Executes an Actor and returns information about the initiated run in response.", "tags": [ "Run Actor" ], "requestBody": { "required": true, "content": { "application/json": { "schema": { "$ref": "#/components/schemas/inputSchema" } } } }, "parameters": [ { "name": "token", "in": "query", "required": true, "schema": { "type": "string" }, "description": "Enter your Apify token here" } ], "responses": { "200": { "description": "OK", "content": { "application/json": { "schema": { "$ref": "#/components/schemas/runsResponseSchema" } } } } } } }, "/acts/nexgenwatch~form-adv-watch/run-sync": { "post": { "operationId": "run-sync-nexgenwatch-form-adv-watch", "x-openai-isConsequential": false, "summary": "Executes an Actor, waits for completion, and returns the OUTPUT from Key-value store in response.", "tags": [ "Run Actor" ], "requestBody": { "required": true, "content": { "application/json": { "schema": { "$ref": "#/components/schemas/inputSchema" } } } }, "parameters": [ { "name": "token", "in": "query", "required": true, "schema": { "type": "string" }, "description": "Enter your Apify token here" } ], "responses": { "200": { "description": "OK" } } } } }, "components": { "schemas": { "inputSchema": { "type": "object", "properties": { "watchMode": { "title": "Watch mode", "type": "boolean", "description": "Seed a private baseline and emit only confirmed later changes. First run emits zero deltas.", "default": true }, "adviserClasses": { "title": "Adviser classes", "type": "array", "description": "Which SEC report classes to read: RIA (registered investment advisers) and/or ERA (exempt reporting advisers).", "items": { "type": "string", "enum": [ "RIA", "ERA" ] }, "default": [ "RIA", "ERA" ] }, "crdNumbers": { "title": "CRD numbers", "type": "array", "description": "Optional. Restrict tracking to these Organization CRD numbers (1-5000 unique positive integers).", "items": { "type": "integer" } }, "firmNameContains": { "title": "Firm name contains", "type": "array", "description": "Optional. Keep only advisers whose legal or primary business name contains one of these substrings (case-insensitive).", "items": { "type": "string" } }, "nameMatchMode": { "title": "Name match mode", "enum": [ "any", "all" ], "type": "string", "description": "Match any (default) or all of the firmNameContains substrings.", "default": "any" }, "states": { "title": "States", "type": "array", "description": "Optional. Uppercase USPS state codes for the adviser's principal office.", "items": { "type": "string" } }, "minRegulatoryAumUsd": { "title": "Minimum regulatory AUM (USD)", "minimum": 0, "type": "integer", "description": "Optional AUM band floor. Advisers with null AUM never match a band filter." }, "maxRegulatoryAumUsd": { "title": "Maximum regulatory AUM (USD)", "minimum": 0, "type": "integer", "description": "Optional AUM band ceiling. Must be >= minimum." }, "changeTypes": { "title": "Change types", "type": "array", "description": "Which change classes to emit.", "items": { "type": "string", "enum": [ "added_to_scope", "removed_from_scope", "registration_class_changed", "profile_changed", "entered_filter", "exited_filter" ] }, "default": [ "added_to_scope", "removed_from_scope", "registration_class_changed", "profile_changed", "entered_filter", "exited_filter" ] }, "materialFields": { "title": "Material fields", "type": "array", "description": "Which profile field groups count as a material profile change.", "items": { "type": "string", "enum": [ "names", "registration", "principal_address", "regulatory_aum", "employees", "custody", "private_funds" ] }, "default": [ "names", "registration", "principal_address", "regulatory_aum", "custody", "private_funds" ] }, "removalGraceEditions": { "title": "Removal grace editions", "minimum": 1, "maximum": 2, "type": "integer", "description": "Distinct complete editions an adviser must be absent before a removal is confirmed.", "default": 1 }, "includeBeforeAfter": { "title": "Include before/after", "type": "boolean", "description": "Attach the before and after adviser profiles on each delta.", "default": true }, "maxItems": { "title": "Max items", "minimum": 1, "maximum": 25000, "type": "integer", "description": "Maximum adviser deltas to emit this run. Overflow is reported as PARTIAL_MAX_ITEMS.", "default": 5000 }, "baselineKey": { "title": "Baseline key", "type": "string", "description": "Named watch baseline. Changing the canonical scope derives a new baseline." }, "resetBaseline": { "title": "Reset baseline", "type": "boolean", "description": "Archive the old baseline, re-seed, and emit zero deltas this run.", "default": false } } }, "runsResponseSchema": { "type": "object", "properties": { "data": { "type": "object", "properties": { "id": { "type": "string" }, "actId": { "type": "string" }, "userId": { "type": "string" }, "startedAt": { "type": "string", "format": "date-time", "example": "2025-01-08T00:00:00.000Z" }, "finishedAt": { "type": "string", "format": "date-time", "example": "2025-01-08T00:00:00.000Z" }, "status": { "type": "string", "example": "READY" }, "meta": { "type": "object", "properties": { "origin": { "type": "string", "example": "API" }, "userAgent": { "type": "string" } } }, "stats": { "type": "object", "properties": { "inputBodyLen": { "type": "integer", "example": 2000 }, "rebootCount": { "type": "integer", "example": 0 }, "restartCount": { "type": "integer", "example": 0 }, "resurrectCount": { "type": "integer", "example": 0 }, "computeUnits": { "type": "integer", "example": 0 } } }, "options": { "type": "object", "properties": { "build": { "type": "string", "example": "latest" }, "timeoutSecs": { "type": "integer", "example": 300 }, "memoryMbytes": { "type": "integer", "example": 1024 }, "diskMbytes": { "type": "integer", "example": 2048 } } }, "buildId": { "type": "string" }, "defaultKeyValueStoreId": { "type": "string" }, "defaultDatasetId": { "type": "string" }, "defaultRequestQueueId": { "type": "string" }, "buildNumber": { "type": "string", "example": "1.0.0" }, "containerUrl": { "type": "string" }, "usage": { "type": "object", "properties": { "ACTOR_COMPUTE_UNITS": { "type": "integer", "example": 0 }, "DATASET_READS": { "type": "integer", "example": 0 }, "DATASET_WRITES": { "type": "integer", "example": 0 }, "KEY_VALUE_STORE_READS": { "type": "integer", "example": 0 }, "KEY_VALUE_STORE_WRITES": { "type": "integer", "example": 1 }, "KEY_VALUE_STORE_LISTS": { "type": "integer", "example": 0 }, "REQUEST_QUEUE_READS": { "type": "integer", "example": 0 }, "REQUEST_QUEUE_WRITES": { "type": "integer", "example": 0 }, "DATA_TRANSFER_INTERNAL_GBYTES": { "type": "integer", "example": 0 }, "DATA_TRANSFER_EXTERNAL_GBYTES": { "type": "integer", "example": 0 }, "PROXY_RESIDENTIAL_TRANSFER_GBYTES": { "type": "integer", "example": 0 }, "PROXY_SERPS": { "type": "integer", "example": 0 } } }, "usageTotalUsd": { "type": "number", "example": 0.00005 }, "usageUsd": { "type": "object", "properties": { "ACTOR_COMPUTE_UNITS": { "type": "integer", "example": 0 }, "DATASET_READS": { "type": "integer", "example": 0 }, "DATASET_WRITES": { "type": "integer", "example": 0 }, "KEY_VALUE_STORE_READS": { "type": "integer", "example": 0 }, "KEY_VALUE_STORE_WRITES": { "type": "number", "example": 0.00005 }, "KEY_VALUE_STORE_LISTS": { "type": "integer", "example": 0 }, "REQUEST_QUEUE_READS": { "type": "integer", "example": 0 }, "REQUEST_QUEUE_WRITES": { "type": "integer", "example": 0 }, "DATA_TRANSFER_INTERNAL_GBYTES": { "type": "integer", "example": 0 }, "DATA_TRANSFER_EXTERNAL_GBYTES": { "type": "integer", "example": 0 }, "PROXY_RESIDENTIAL_TRANSFER_GBYTES": { "type": "integer", "example": 0 }, "PROXY_SERPS": { "type": "integer", "example": 0 } } } } } } } } } } ```