Oregon Investment Adviser Bond Overview
- Purpose: To protect customers from any fraudulent or harmful investment advice
- Who Needs It: Investment advisers that manage less than $100 million in assets
- Regulating Body: The Oregon Department of Consumer & Business Services — Division of Financial Regulation
- Bond Amount: $10,000
- Minimum Price: $150; credit-based
What Is an Oregon Investment Adviser Bond?
Investment adviser bonds in Oregon protect customers from any fraudulent activities performed by investment advisers. The Division of Financial Regulation requires investment advisers and firms to be licensed and bonded.
The surety bond acts as financial security that advisers will uphold Oregon Securities Law and compensate any harmed clients.
Who Needs an Investment Adviser Bond?
Individual investment advisers and investment firms located in Oregon that are managing less than $100 million in assets need a $10,000 bond for state licensing.
How Much Do Investment Adviser Bonds Cost in Oregon?
The $10,000 Oregon investment adviser bond starts at $150 for a 1-year term. Exact rates vary between 1.5% and 10% based on financial risk. You can also select a multi-year term to save 25%. Request your free quote now.
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does an Oregon Investment Adviser Bond Work?
An Oregon investment advisor bond is a legal contract between three parties.
- Principal: The investment adviser filing the bond
- Obligee: The Oregon Department of Consumer & Business Services — Division of Financial Regulation
- Surety: The issuing surety provider
By filing the bond, you pledge to uphold Oregon Revised Statutes Chapter 59. Some of these rules and regulations include:
- Acting honestly and legally when dealing with purchases or sales of securities
- Only acting as an adviser if qualified
- Delivering securities to necessary persons in a timely manner
If a valid claim is made on the bond, the surety will cover damages up to the full bond amount. In turn, you must compensate the surety for any damages paid out.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get an Oregon investment adviser surety bond. Follow these simple steps:
- Apply Online: Enter your information to receive a personalized quote
- Pay Invoice: Complete your purchase online or over the phone
- Receive Bond: Receive your official bond form via email
Upon receipt, file the official bond with your license application or renewal as instructed.
Tip: When filling out the bond form, be sure to use your full legal name as it appears on your license.
How Fast Can I Get My Bond?
SuretyBonds.com issues investment advisor bonds faster than any other provider. We process most applications same-day and deliver these bonds via email shortly after purchase.
Can I Get Bonded With Bad Credit?
Yes, you may still be able to get bonded with bad credit. However, poor credit will typically increase your premium rate.
Apply for a free quote or visit our Surety Bond Cost FAQ page to see how credit may impact your cost.
How Do I Renew My Investment Adviser Bond?
Based on the term you select, you’ll need to renew your bond every 1–3 years. We’ll take care of the reminders. All you need to do is pay the invoice to extend your current bond for another term.
Oregon investment adviser surety bonds are continuous until canceled. The surety can cancel the bond by providing 30-day’s written notice to the state.
How to Get an Oregon Investment Adviser License
All investment adviser firms and investment advisers employed by firms in Oregon must be licensed and bonded.
You must submit a manually signed U-4 form, proof of passing appropriate exams or exemption, and a fee through your employing adviser firm. All individuals must be connected to an investment adviser firm.
Find all the required application forms on the DFR website.
