$500 is your GOOD CREDIT PRICE for a Minnesota Investment Adviser Bond.
If you are engaged as an investment adviser in Minnesota you are required by the Minnesota Department of Commerce to file a Minnesota Investment Adviser Bond as a condition of licensure.
Bonds Express offers a Minnesota Investment Adviser Bond with a 99% approval rate.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Minnesota Investment Adviser Bond holds you accountable for your business decisions.
By possessing a Minnesota Investment Adviser Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.