1 (844) 589-9732 info@ameriprosuretybonds.com

Washington State Investment Advisor Bond

Washington State Investor Adviser Bond | AmeriPro Surety Bonds | 844-589-9732

 

Washington State Investor Adviser

 

 

A Washington State investor adviser is, in part, someone who is licensed within the state to maintain custody of financial securities to invest, in the hope or expectation of a return, on behalf of clients.

Investment advisers are required to have and maintain a number of securities licenses before soliciting clients for businesses.

They are also required to undergo a background check.  This background check is usually accomplished by fingerprinting.

Finally, depending on the nature of their business activities, they are required by Washington State to procure a surety bond.

Washington State Adviser, Financial Requirements; Minimum Amounts

 

A Washington State investment adviser is required to have a minimum net worth of $10,000, if that investment adviser maintains “…discretionary authority over client funds or securities…,” but at the same time does not have custody over the same funds or securities.

For further clarification, the term “net worth” as it applies to Washington State financial advisers means the following:

In general, the excess amount of assets over liabilities;

However, the amount calculated for net worth specifically excludes from the definition,

Cars, boats, and a primary home.  Also excluded are loans made by the investment adviser to corporations or partnerships in the investment advisory business, depending on the nature of the nature of the business model (i.e., S-corporation, or LL).

When A Surety Bond is Required for Washington State Investment Advisers

 

If a Washington State Investment Adviser has a net worth (or no net worth) that that does not meet the requirements as stated above, the investment advisor must secure a surety bond in the amount that the net worth is deficient to the $10,000 requirement. 

Also, the surety bond amount must also be rounded to the nearest $5,000.

Confusing?

We are here to help you.

AmeriPro Surety Bonds has the expertise and backing to help you determine the amount of the Investment Adviser surety bond required, if this state law is applicable to you.

Moreover, we will work to provide you with the best pricing for your Washington State Investment Adviser Bond.

Call us now and we will get the process begun.

AmeriPro Surety Bonds:

 

Besides Washington State investment adviser bonds, AmeriPro Surety Bonds all types of Washington State license & permit, contractor, fiduciary, and court surety bonds.

We also provide surety bonds of all types to all 50 states.

Call us today at:  844-589-9732.

 

 

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

recent news

Lost Cashier’s Check Bond | Lost Instrument Bond

If you’ve lost a cashier’s check or money order, to replace it, the banking institution will require that a “Lost Instrument bond” be purchased in order to re-issue it. Learn how to quickly purchase this bond with AmeriPro Surety Bonds.

Mortgage Broker Bond

A mortgage broker bond is a license and permit bond which states require to become properly licensed and which is also required to protect the public from wrongful acts committed by a mortgage broker.

Notary Public Bond California

A notary bond, also known as a notary public bond, is a bond that is required by the state of California to engage in the business of witnessing signatures on documents. 

Indiana – Indianapolis Contractors and Permit Bond

Indiana Indianapolis Contractors and Permit Bond AmeriPro Surety Bonds | 844-589-9732       Contractors and Permit Bond       The Indianapolis contractors and permit bond is a $10,000 surety bond required of licensed contractors who wish...

Indiana Probate Bond

Indiana Probate Bond | AmeriPro Surety Bonds 844-589-9732       Probate Bonds – Indiana       Probate is commonly defined as “the act of proving a will.” Sometimes a court will require a personal representative to furnish evidence of a...

Indiana Small Loan Lender Bond

Indiana Small Loan Lender Bond | AmeriPro Surety Bonds | 844-589-9732       Small Loan Lenders - Indiana       In Indiana, small loan lender companies are regulated by the state’s Department of Financial Institutions (DFI). Statutes...

apply today

contact us

Office: 1 (844) 589-9732

Email: info@ameriprosuretybonds.com

Hours of Operation:

Monday – Friday 7 am to 5 pm (PST)

Copyright © 2018 AmeriPro Surety Bonds, LLC. | Powered by CustomMarketer.com

Privacy Policy   Terms of Use