Registration and Licensing Procedures for FCAs, SCIAs, and IARs Renewal filings for Investment Adviser Representatives While all licenses expire on December 31 of every year, firms filing the renewals of IARs on IARD must meet an additional deadline that is in advance of the expiration date. Please go to the calendar* for further information about the IARD process and select "Renewals for IA Firms." All investment advisers must renew the licenses of their investment adviser representatives prior to the end of every calendar year. All renewals are to be done on IARD. The renewal fee is $45.00 for each investment adviser representative.               * This document is presented in Portable Document Format (PDF). A PDF reader is required for viewing. Download a PDF Reader or Learn More About PDFs.