An Investment Advisor bond is a type of license surety bond. The bond is required by state governments as a requirement of individuals attempting to obtain an Investment Advisor license. The bond amount varies by state, typically ranging from $10,000 to $50,000.
Investment advisor bonds are annually renewable and are usually continuous in nature. This means that as long as the investment advisor license or registration is active, the bond requirement will persist.
Investment advisor bonds are usually simple and easy to process. Quotes are obtained same day or within 24 hours in most cases.