Investing as individuals and retirement accounts

• Proof of income for the past 2 years should be supported by official tax records such as US tax returns, W-2, K-1, 1099, or other government documents.
  
  –or–
• Documentation of assets proving you have a net worth of at least $1,000,000, excluding your primary residence. Documentation could include a property deed, bank statements, letter from a financial institution, or vehicle title that shows ownership, etc. Investors also need to provide third-party liability evidence by submitting a copy of their credit report (no older than 90 days). You can order one free credit report from any of the credit reporting bureaus from annualcreditreport.com.
  
  –or–
• A verification letter* dated within the last 90 days from a third-party licensed attorney, a CPA, an SEC-registered investment advisor, or a registered broker-dealer certifying that you are accredited.

Investing as an entity or trust

• An entity or trust with total assets in excess of $5,000,000 would typically provide a bank statement, a formal valuation from a valuation professional, or perhaps an appraisal of real estate held by the entity.
  
  –or–
• If the entity or trust does not meet the minimum assets test, it might also be able to qualify as an accredited investor if all of its equity owners are accredited investors. In that case, each entity owner needs to provide one of the following:
  • Proof of income for the past 2 years supported by official tax records such as US tax returns, W-2, K-1, 1099, or other government documents.
  • Documentation of assets proving you have a net worth of at least $1,000,000, excluding your primary residence (documentation could include a property deed, bank statements, letter from a financial institution, or vehicle title that shows ownership, etc.)
  • A verification letter* dated within the last 90 days from a third-party licensed attorney, a CPA, an SEC-registered investment advisor, or a registered broker-dealer certifying that you are accredited.

License holders

• For Series 7 and Series 82, the reviewing attorney needs to ensure that the investor is currently working for a FINRA-member or SRO firm or is within 2 years since they were either terminated or left a firm and has not yet found employment with a FINRA-member). For Series 65, the investor may qualify as long as they are registered with a State to be in good standing. For this verification method, you simply need to enter your name as it appears on your license, your individual CRD#, and for Series 7 and 82 only, the name of the firm you are licensed through.