Washington Investment Adviser Surety Bond

State:
Washington
Control #:
WA-SKU-1503
Format:
PDF
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Description

Investment Adviser Surety Bond Washington Investment Adviser Surety Bond is a type of surety bond required by the Washington State Office of the Secretary of State for investment advisers operating in the state. This bond is a form of financial security that protects investors from losses due to the fraudulent or dishonest actions of an investment adviser. The bond amount must be at least $50,000 and can go up to $500,000 depending on the number of clients an adviser has. There are two types of Washington Investment Adviser Surety Bonds: the Individual Investment Adviser Surety Bond and the Agency Investment Adviser Surety Bond. The Individual Investment Adviser Surety Bond covers the actions of a single investment adviser. The Agency Investment Adviser Surety Bond covers the actions of a firm that employs multiple investment advisers.

Washington Investment Adviser Surety Bond is a type of surety bond required by the Washington State Office of the Secretary of State for investment advisers operating in the state. This bond is a form of financial security that protects investors from losses due to the fraudulent or dishonest actions of an investment adviser. The bond amount must be at least $50,000 and can go up to $500,000 depending on the number of clients an adviser has. There are two types of Washington Investment Adviser Surety Bonds: the Individual Investment Adviser Surety Bond and the Agency Investment Adviser Surety Bond. The Individual Investment Adviser Surety Bond covers the actions of a single investment adviser. The Agency Investment Adviser Surety Bond covers the actions of a firm that employs multiple investment advisers.

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Washington Investment Adviser Surety Bond