Massachusetts Investment Advisor License | $10,000 Investment Advisor License Surety Bond
Also known as: investment advisor license bond
Type of Bond
An investment advisor license bond is a type of surety bond required by regulatory authorities for individuals or businesses operating as investment advisors. It serves as a financial guarantee that the bonded party will comply with applicable laws, regulations, and ethical standards when providing investment advice and managing client assets. The purpose of the investment advisor license bond is to protect clients and investors by ensuring that the bonded party operates with integrity, professionalism, and adherence to industry standards. It provides recourse for individuals who may suffer financial harm or damages resulting from fraudulent activities, mismanagement, or violations committed by the bonded investment advisor. By obtaining the bond, the bonded investment advisor agrees to fulfill their obligations, which typically include providing accurate and trustworthy investment advice, acting in the best interests of their clients, maintaining appropriate licenses and registrations, and complying with all applicable laws and regulations. If the bonded investment advisor fails to meet these obligations or violates the terms of the bond agreement, a claim can be filed against the bond, allowing affected parties to seek financial compensation for damages or losses. The investment advisor license bond is typically obtained through a surety bond company. The surety bond company assesses the financial stability and credibility of the bonded investment advisor before issuing the bond. The bond amount is often determined by regulatory authorities and may vary based on factors such as the assets under management and the jurisdiction in which the advisor operates. It's important to note that the specific requirements for an investment advisor license bond can vary depending on the jurisdiction and the regulatory authority overseeing investment advisor activities. Investment advisors are required to obtain this bond to demonstrate their financial responsibility, compliance with regulations, and commitment to protecting the interests of their clients and investors.
Program
The price you'll pay for your $10,000 Investment Advisor License Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!
We provide all types of $10,000 Investment Advisor License Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.
Application
The application process for a $10,000 Investment Advisor License Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Investment Advisor License Bond Application process.
The Massachusetts Investment Advisor License Bond amount is currently set at $10,000.
Obligee Information
An obligee is the entity that is requiring you to have the Investment Advisor License bond.
For your convenience you can view a sample copy of the Massachusetts Investment Advisor License Bond Form.
Obligee: COMMONWEALTH OF MASSACHUSETTS
State: Massachusetts
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!