Licensed Minnesota investment advisers, besides meeting requirements of the Securities and Exchange Commission, are also required to be registered with the Minnesota Commerce Department, Securities Unit.
Question: Which Minnesota investment adviser is required to obtain and hold a surety bond, according to Minnesota statutes?
Answer: Investment advisers who maintain custody or who have discretionary trading authority over customers’ accounts.
Fortunately, our agency offers quick and easy processing of your investment adviser surety bond. You can obtain the bond required in a matter of minutes.
The Minnesota investment adviser bond is a standard $25,000 surety bond. Higher amounts are theoretically possible, but the amount you require is likely this minimum.
Qualifying for this surety bond couldn’t be easier, because we offer this bond with no credit inquiry and immediate issuance:
After completion of a standard surety bond application, and payment of the $375 premium, AmeriPro Surety Bonds issues this bond to you immediately. There is no underwriting which is common for a great many surety bonds.
Furthermore, after payment has been received, a copy of the bond can be emailed to you for no additional charge. The original surety bond with the “wet” signature will be mailed to you the same or by the following business day.
The Minnesota investment adviser bond, with a $375 premium, is issued with a standard one year term. Thereafter, the bond must be renewed.
You have the option to prepay this bond for 2 or 3 years, thereby offering you a savings over year to year renewal of your bond premium.
Prepayment options are as follows:
The bond is a financial guarantee which:
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit surety bonds throughout Minnesota.
Our agency also provides surety bonds nationwide.
Please call our agency today at:
Or, you may fill out the form below and an agent will contact you….