Investor Accreditation Requirements

Accredited investors are defined as having a net worth over $1 million (excluding primary residence) or income over $200,000 (individual) or $300,000 (household) in each of the prior two years, and reasonably expect the same for the current year.

Investor accreditation documents can be any of the following:

• an accreditation letter signed by a licensed attorney or CPA.
• proof of assets worth more than $1M by reviewing specific types of documentation dated within the prior three months, such as bank statements, brokerage statements, certificates of deposit, tax assessments, and a credit report from at least one of the nationwide consumers reporting agencies and obtaining a written representation from the investor.
• Individual – proof of income for 2 years of at least 200k by reviewing copies of any Internal Revenue Service form that reports income, such as Form W-2, Form 1099, Schedule K-1 of Form 1065, and a filed Form 1040;
• Joint – Proof of income for 2 years of at least 300k by reviewing copies of any Internal Revenue Service form that reports income, such as Form W-2, Form 1099, Schedule K-1 of Form 1065, and a filed Form 1040;

It is imperative that any submitted account statement or document adheres to the following requirements:

• All assets should be recent (dated within the last 90 days).
• All assets must display your full name, ensuring it matches the name specified on the accompanying subdocuments.

In the case of real estate, the following documents can be considered for accreditation:

• The most recent property tax statement.
• A recent appraisal reflecting the property value, accompanied by the client’s name as the owner.

Furthermore, the following items can also be utilized for accreditation:

• A recent accreditation letter issued by an attorney or certified public accountant (CPA), dated within the last 90 days.

Proof of accreditation for companies can be any of these documents:

• a bank, insurance company, registered investment company, business development company, or small business investment company;
• an employee benefit plan, within the meaning of the Employee Retirement Income Security Act, if a bank, insurance company, or registered investment adviser makes the investment decisions, or if the plan has total assets in excess of $5 million;
• a charitable organization, corporation, or partnership with assets exceeding $5 million;
• a director, executive officer, or general partner of the company selling the securities;
• a business in which all the equity owners are accredited investors.

For Investors:

• Individual:

  • Full Name
  • Government ID
  • Birthday
  • Social Security Number
  • Background Check + KYC
  • OFAC and FINCEN
  • AML check
  • Signed Agreement

• For Joint Accounts, need the following for both people associated with the account:

  • Full Name
  • Government ID
  • Birthday
  • Social Security Number
  • Background Check + KYC
  • OFAC and FINCEN
  • AML check
  • Signed Agreement

• For Trust:

  • Signed Agreement
  • Proof of accreditation
  • trust agreement,
  • the tax id for the trust,
  • state filing of trust,
  • ID for Trustee.

• For companies/institutions:

  • Signed Agreement
  • Tax ID letter (SS4),
  • Articles of Incorporation
  • State incorporation document
  • ID of officer
  • Proof of accreditation