Kentucky Investment Advisor License | $25,000 Investment Advisor License Surety Bond
Also known as: investment advisor license bond
Type of Bond
A Kentucky investment advisor license bond, also known as an investment advisor surety bond, is a type of surety bond required by the Kentucky Department of Financial Institutions (DFI) for individuals or firms seeking to obtain or maintain an investment advisor license in the state. The purpose of a Kentucky investment advisor license bond is to provide financial protection to clients and ensure compliance with the Kentucky Securities Act and related regulations. The bond serves as a guarantee that the licensed investment advisor will act in accordance with the applicable laws, regulations, and professional standards in providing investment advice and managing clients' investment portfolios. By obtaining this bond, the investment advisor assures the DFI and their clients that they will operate ethically, honestly, and with the clients' best interests in mind. The bond helps ensure that the investment advisor will handle client funds responsibly and will not engage in fraudulent or unethical practices. If the investment advisor violates any provisions of the Kentucky Securities Act, breaches fiduciary duties, or fails to fulfill their obligations to clients, a claim can be made against the bond. If the claim is valid, the bond provides financial compensation to cover any resulting damages or losses suffered by the clients. The purpose of the Kentucky investment advisor license bond is to protect clients from potential financial harm and promote trust and confidence in the investment advisory industry. It acts as a form of recourse for clients to seek compensation if the licensed investment advisor fails to meet their obligations. The bond contributes to the overall integrity and professionalism of the investment advisory services provided in Kentucky.
Program
The price you'll pay for your $25,000 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 $25,000 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 $25,000 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 Kentucky Investment Advisor License Bond amount is currently set at $25,000.
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 Kentucky Investment Advisor License Bond Form.
Obligee: Commissioner Of Department Of Financial Institutions
If you or your business needs help in obtaining a surety bond or commercial insurance give us a call!