Investment Advisor Bond Information

Investment advisors bonds are required by some states securities regulators before the advisor can become licensed. Bond requirements vary by state, but all serve the same purpose to protect the client from financial losses due to fraudulent or dishonest conduct by the advisor. Limits also vary by state, and can be determined by the amount of assets managed, net worth requirements, or the business structure. If the advisor violates any laws or breaches their fiduciary duties and causes financial harm to a client, the damaged party may be able to recover the loss through a valid claim on the bond.

The filing process also varies by state. Some state regulators allow bonds to be signed and filed electronically through online registration systems, while others require the original sealed bond form to be signed and mailed into their office. Either way, Jet will mail you all the necessary bond documentation.