Minnesota investment adviser bonds.
$375 flat.
Minnesota requires an investment adviser registered under the Minnesota Securities Act that has custody of or discretionary authority over client funds or securities to post a surety bond with the Department of Commerce under Minn. R. 2876.4115. This is the $25,000 bond, at $375 flat.
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How much does a Minnesota investment adviser bond cost?
$375 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
The adviser bond is checkout-priced — apply, pay, and post it with your registration. Here is the entire process:
Apply online
Firm details, an effective date, and a term. That is the application. No credit check.
Pay & e-sign
This bond is checkout-priced at $375 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
Post it with your registration
Your executed bond arrives by email, ready to post with the administrator through your IARD/CRD filing with the Department of Commerce. Wet-ink original mailed on request.
What it is and who needs it.
What the adviser bond actually guarantees
Minnesota registers investment advisers under the Minnesota Securities Act (Minn. Stat. ch. 80A), administered by the Department of Commerce. Minn. R. 2876.4115 provides that every investment adviser registered or required to be registered that has custody of or discretionary authority over client funds or securities shall have first posted with the administrator a surety bond or an irrevocable letter of credit before it exercises that authority.
The statute behind the rule, Minn. Stat. § 80A.66, authorizes a rule or order requiring an adviser with custody or discretion to obtain insurance or post a bond or other satisfactory form of security in an amount of at least $25,000, but not to exceed $100,000. This page issues the $25,000 bond — confirm the amount your registration calls for before you buy.
The bond is subject to the claims of all clients of the investment adviser, regardless of the client's state of residence, and it must permit an action to enforce liability within the period set by Minn. Stat. § 80A.76. It is not insurance for you — if the surety pays a claim, you repay the surety. We track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the $25,000 bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
Pay & e-sign. This bond is checkout-priced at $375 flat, so it issues the moment you pay — your executed bond and power of attorney generate on the spot.
What sets the price
The premium is fixed at $375 at the $25,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields — firm details, an effective date, and a term. That is the entire application.
Start the application →Common questions.
Other Minnesota bonds.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
Adviser bond posted today.
$375 flat, issued the moment you pay, no credit check. Free until issued.