An investment advisor in Hawaii must file a surety bond with the Department of Commerce and Consumer Affairs (CCA) in order to conduct business. Pursuant to §485A and in compliance with the Uniform Securities Act of 2022, each adviser, salesperson or representative(s) of and adviser must comply with the bonding requirement.
The Hawaii surety bond for investment adviser in securities must be filed with the CCA after initial registration. The bond must be be written in the amount of fifty thousand dollars ($50,000) and guarantee the conduct of the licensee and his or her employees and agents. Liability under the surety bond continues to accrue until the adviser surrenders his or her license, or surety cancels the bond, subject to a sixty (60) notice period. Documents must be submitted to:
Hawai'i Department of Commerce and Consumer Affairs
Securities Section
335 Merchant Street, Room 203
Honolulu, HI 96813
Hawii surety bond leader, Surety One, Inc., specializes in underwriting surety and fidelity bonds for the financial services sector. For more information or application materials for a Hawaii surety bond for investment adviser in securities call (800) 373-2804, email us at Underwriting@SuretyOne.com or click here to chat with an underwriter.
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Surety bond application review and quoting are free of charge. There is no obligation to purchase.