What evidence do I need to provide to prove that my US entity is accredited?

There are 4 types of evidence we can accept for entities such as Corporations, LLCs, Limited Partnerships, and other companies, outlined below. 

1. Accreditation by Assets

To qualify, the entity must have $5M USD in total assets.

  • Preferred forms of evidence include, but are not limited to:
    • Bank statements
    • Brokerage statements
    • Audited financial statements in the name of the entity.
  • 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 entity name is listed on the evidence.
  • For assets held in subsidiary or affiliate entities, we may request documentation of the relationship between the entities. 

 

2. Accreditation by “All Owners Accredited”

To qualify, all underlying owners must be accredited investors themselves for having greater than $1M in net worth, excluding primary residences. 

 

3. Accreditation by Third-Party Attestation Letters (this is the recommended method for fastest verification)

All attestation letters must contain the required language. We recommend using or reviewing our accreditation letter templates, or the linked DocuSign below.

 

Third-Party Attestation to Assets

To qualify, the entity must have $5M USD in total assets.

The attestation to your entity's assets must be dated within the last 90 days, and completed 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 a third-party attestation to the entity’s assets can be found here.

 

Third-Party Attestation to All Owners Accredited

To qualify, all underlying owners must be accredited investors themselves for having greater than $1M in net worth, excluding primary residences. 

The attestation to your revocable trust's assets must be dated within the last 90 days, and completed 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 a third-party attestation that all owners are accredited can be found here

 

4. Accreditation by Broker-Dealers and Investment Advisers

  • We independently verify licensure via Brokercheck or IAPD. 
Was this article helpful?
3 out of 4 found this helpful