MD investment adviser bonds.
$150 flat.
A Maryland-registered investment adviser that has custody of client funds or securities, or collects advisory fees more than six months in advance and over $500 per client, must meet a financial test under COMAR 02.02.05.15 — minimum net capital of $20,000, tangible net assets of $35,000, or a $10,000 surety bond. The bond is the simple path: ours is $150 flat, the price you see is the checkout price, and it issues the moment you pay. Any credit screen is a soft pull only — it never affects your score.
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Three steps. One sitting.
The investment adviser bond is the simplest way to satisfy Maryland's financial requirement. Here's the entire process:
Apply online
Business details, an effective date, and a term. That is the entire application — no balance sheets, and any credit screen is a soft pull that never shows as a hard inquiry.
Pay & e-sign
This bond is checkout-priced at $150 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
File with the Securities Division
Your executed bond arrives by email, ready to file with the Maryland Securities Division at the Office of the Attorney General. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
Maryland registers investment advisers through the Securities Division of the Office of the Attorney General under the Maryland Securities Act. COMAR 02.02.05.15 applies to a registered adviser that has custody of client funds, assets, or securities, or requires payment of advisory fees more than six months in advance and in excess of $500 per client.
Those advisers must maintain minimum net capital of $20,000 or tangible net assets of $35,000 — or be bonded in the amount of $10,000 by a bonding company qualified to do business in Maryland. The bond is the route most small advisory firms take: no audited balance-sheet maintenance, no next-business-day capital-deficiency reporting, just a bond kept continuously in force.
It is not insurance for you — if the surety pays a claim, you repay the surety. The bond has to stay on file for as long as you rely on it to meet the requirement; we track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
One application, issued instantly.
These are the actual issuing fields — business details, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Other Maryland bonds.
Meet the financial requirement today.
$150 flat, issued the moment you pay, soft pull only. Free until issued.