The State of Rhode Island and Providence Plantation Department of Business Regulation, Securities Division, handles investment adviser, broker dealer, representatives, and franchise licensing and investigates alleged consumer complaints and violations. The department also regulates banking, insurance, securities and charities, racing and athletics, design professionals, liquor licensing, real estate licensing, the Board of Accountancy and constable licensing. The Rhode Island Securities Division Regulations sets forth that investment advisers must meet the conditions of the Act which includes registration.
The premium that you pay for a Rhode Island Investment Adviser Surety Bond is dependent on credit and the bond amount required. Our rates start at 1.5% of the bond amount with good credit. Contact our Surety Bond Specialists for a free quote that fits your specific situation.
A sole proprietor Rhode Island investment adviser must pay both the investment adviser fee and the investment adviser representative fee.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
For a downloadable application