Investment adviser surety bond cost
Investment adviser surety bonds are required by the State of South Carolina. The required amount is $35,000.
These bonds are credit-based which means the premium depends on a review of the applicant’s credit report. We are offers premiums for these bonds for as little as 1% of the total bond amount. Apply today for a free, personalized surety bond quote. We can typically provide your quote within 1 business day of submitting your bond application!
Why this bond
South Carolina investment adviser bonds ensure that investment advisers comply with all rules and regulations stated in South Carolina Uniform Securities Act. This bond protects the consumers from financial loss if the adviser fails to adhere to all terms of the surety contract.!
Investment Adviser/Broker-Dealer Bond details
Investment adviser/broker-dealer bonds are in effect for one-year and must be renewed annually. The surety has the right to cancel the bond if they give 30-days’ written notice to the principal and obligee.
Become an investment adviser
Along with posting a surety bond, an applicant must submit the following:
- Proper fees and payments
- Completed verification form
- Passing grade on examination
For more information and regulation information refer to the important links section below.
To become registered, investment advisers must obtain a surety bond. Complete our easy bond request form online to receive a free quote!
Apply for your surety bond
Get a FREE South Carolina Investment Adviser/Broker-Dealer Bond Quote Today! Click here to begin