Washington Investment Advisor Bond
Washington Investment Advisor Bond Information
The Washington State Department of Financial Institutions requires investment advisors to furnish a surety bond as part of the licensing requirements. The bond ensures compliance with the Securities Act of Washington and ethical conduct related to the sensitive financial job functions of providing consumers with investment advice, financial planning, securities analysis, and asset protection strategies. The bond protects customers against financial losses in the event that the adviser improperly accounts for monies and securities held on behalf of investors, or otherwise violates fiduciary duties or license regulations.