There are 4 types of evidence that you can provide to prove that you are accredited to invest as a US individual.
1. Income Evidence (this is generally the fastest method for verification)
- The individual income requirement is an annual income of more than $200k. The joint income requirement is an annual income of more than $300k. Both thresholds require you to have a reasonable expectation of reaching the same in the current year.
- Documentation must be for two consecutive years within the past two years – e.g. as of 2024, we can either accept forms from 2022+2023, or 2023+2024.
- If you plan to rely on joint income for one of the two years, you must meet the $300k threshold for both.
- If your spouse does not share your surname, we may ask for a marriage license or certificate before considering their individual tax documentation.
- Documents must be official tax documents in your name. W-2s, 1040s, K-1s, and their non-US equivalents are preferred.
- We cannot accept internally prepared documents or documents from employers. We will always request the original tax documentation when available.
- Exception: We can accept official pay stubs alongside an employment verification letter when tax documentation is not available for the most recent year only.
- We cannot annualize your earnings for verification. Evidence must meet or exceed the threshold year-to-date.
- Documents must be in English. We recommend obtaining a third-party accreditation attestation if your income documentation cannot be translated (see option #4).
2. Net Worth Evidence
- The individual net worth requirement is a net worth of over $1,000,000 USD, individually or together with a spouse - excluding the value of your primary residence.
- All evidence must list the investor’s name and be dated within the last 90 days, unless otherwise noted.
- This accreditation method considers both liabilities and assets.
- Liabilities
- We attempt to automatically run a soft credit pull for users that provide their SSN upon uploading evidence. This may fail, in which case we will request a consumer credit report.
- To consider individual evidence of assets, we require evidence of liabilities in the form of a consumer credit report from a major credit bureau.
- The individual’s mortgage on a primary residence is excluded from the calculation.
- Assets
- Preferred forms of evidence include, but are not limited to:
- Bank account statements (please note that we are not able to accept balance letters).
- Brokerage statements.
- Audited financial statements.
- We can consider private equity holdings if we receive recent evidence of ownership alongside a 409A valuation dated within the last 12 months.
- We can accept crypto holdings, provided the investor name is listed on the evidence.
- If assets held via an entity are to be considered for an individual, we may request additional ownership documentation to prorate holdings.
- Assets held in irrevocable trusts generally cannot be considered for individual net worth.
- Preferred forms of evidence include, but are not limited to:
3. Professional License Certification
We independently verify investors’ FINRA licensure via Brokercheck.
4. Third-Party Attestation Letters
All attestation letters must contain the required language. We recommend using or reviewing our accreditation letter templates, or the linked DocuSign below.
We can accept third-party attestations in lieu of accredited investor evidence, provided the letter is dated within the past 90 days and written by one of the following:
- Licensed Attorney OR
- Certified Public Accountant OR
- SEC or state-registered Investment Adviser OR
- FINRA member Broker-Dealer. This does not include IRS Enrolled Agents.
Our accreditation verification process allows you to trigger an automated email to your verifier that is pre-populated with the required confirmation language for them to complete the verification. Alternatively, a DocuSign for third-party attestation of individual accreditation can be found here.