Investor Accreditation Requirements

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;

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