1 (800) 308-4358

Mon-Fri 7am-7pm CST

Choose Bond
Enter Info
Receive Quote

Minnesota

$25,000 Investment Adviser Bond

Purchase your bond instantly online when you choose one of the 3 term options below. Save time and money by extending your bond term. Choosing a longer term now means you pay 25% less for your bond each year and forego the annual renewal process.

$375.00

1 year term

$657.00

2 year term - save $93.75!

$938.00

3 year term - save $187.50!

Want your bond Tuesday, Jun. 28? Buy your bond within 71 hrs 14 min and choose overnight shipping at checkout.

SECURE

Backed by SSL, our online bonding process is secure. We are committed to your privacy.

BEST PRICES

We shop the top surety markets to find you the best rate.

FAST

We’ve streamlined the bonding process to make your experience as fast and easy as possible.

How much does an investment adviser surety bond cost in Minnesota?

Minnesota investment adviser bonds are issued instantly online for $375 when you choose SuretyBonds.com.

Simply click Buy Now to securely buy your bond via our secure bond checkout. It only takes a few minutes for you to be on your way to getting bonded as a Minnesota investment adviser.

Bond Type
$25,000Investment Adviser Bond

Why is an investment adviser bond needed?

The Department of Commerce requires investment advisers to provide a $25,000 surety bond unless the applicant has no custody of or discretionary authority over client assets and has $100,000 in net capital. This bond is mandated by the State for the protection of consumers and serves as a guarantee that advisers will not take part in any kind of fraudulent activity, dishonesty, or misrepresentation as outlined by the Minnesota Securities Act.

What else do I need to know?

Minnesota investment adviser surety bonds have a one-year term and are continuous until canceled. The surety must give the state written notice at least 30 days prior to cancellation.

The adviser’s signature must be witnessed by a licensed notary.

Minnesota Investment Adviser Registration Requirements

To become a licensed investment adviser in Minnesota, there are several things you must do:

  • Step #1: Submit an audited financial statement.
  • Step #2: Purchase and maintain a surety bond of $25,000.
  • Step #3: Maintain the minimum net worth required by the state.
  • Step #4: Pay the $100 registration fee.
  • Step #5: Pass the Series 65 or Series 66 exam.
  • Step #6: Pay the $100 annual fee to the Financial Industry Regulatory Authority.
  • Step #7: Register with the Secretary of State.

If you have any questions about becoming a licensed investment adviser in Minnesota or about getting a surety bond, give our experts a call at 1 (800) 308-4358.

Ready to get started?

Call 1 (800) 308-4358 to talk with a Surety Expert

or