MN 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 administrator — the Department of Commerce — under Minn. R. 2876.4115, authorized by Minn. Stat. § 80A.66. This is the $25,000 bond, at $375 flat; the price you see is the checkout price and the bond issues the moment you pay. Any credit screen is a soft credit pull only — it never affects your score.

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Required of advisers with custody or discretionary authority under Minn. R. 2876.4115

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Fixed price, fixed amount — $25,000 bond, $375 flat, no quote process

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Multi-year terms available — set it up once for up to 3 years

A-ratedA.M. Best carriersInstantissuance at checkout$375 flatsame price at checkout

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How it works

Three steps. One sitting.

The adviser bond is checkout-priced — apply, pay, and post it with your registration. Here is the entire process:

NOW · ONLINE

Apply online

Firm details, an effective date, and a term. That is the entire application — any credit screen is a soft pull that never shows as a hard inquiry.

INSTANTLY

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.

SAME DAY

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.

About this bond

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.

Minn. R. 2876.4115 / Minn. Stat. § 80A.66Minn. R. 2876.4115 requires every investment adviser registered or required to be registered under the Minnesota Securities Act that has custody of or discretionary authority over client funds or securities to have first posted with the administrator a surety bond or irrevocable letter of credit, which is subject to the claims of all clients of the adviser regardless of the client's state of residence. Minn. Stat. § 80A.66 authorizes a rule or order requiring a broker-dealer or investment adviser with custody of or discretionary authority over customer funds or securities 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, permitting an action to enforce liability under § 80A.76.

You need this bond if you're

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A Minnesota-registered investment adviser with custody of client funds or securities

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An adviser with discretionary authority over client accounts

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Registering a new advisory firm that will take custody or discretion at the outset

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Renewing your registration — the bond must be posted before the authority is exercised

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 →

FAQ

Common questions.

How much is the Minnesota investment adviser bond?The premium is $375 flat for the $25,000 bond — set by our carrier's rate book, the same for every adviser. There is no quote process, and the price you see is the checkout price.

Do I pay the $25,000?No. You pay $375. The $25,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.

When is the bond required?Minn. R. 2876.4115 requires it of an adviser registered or required to be registered in Minnesota that has custody of or discretionary authority over client funds or securities — and it must be posted with the administrator before that authority is exercised.

Is there a credit check?If a credit screen runs on this bond, it is a soft credit pull only — never a hard inquiry, and it never affects your score. The price stays $375 flat either way.

Who requires the bond, and where do I post it?The administrator of the Minnesota Securities Act — the Department of Commerce Securities Unit. The executed bond is posted with the administrator alongside your adviser registration filing.

Related bonds

Other Minnesota bonds.

Adviser bond posted today.

$375 flat, issued the moment you pay, soft pull only. Free until issued.

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Your price$375

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