In order for an individual to meet the definition of an Accredited Investor, they must have one or more of the following:

  • One of the following FINRA administered licences: Series 7 (General Securities Representative), Series 65 (Investment Adviser Representative), or Series 82 (Private Securities Offerings Representative).

  • Income exceeding $200,000, or income with a spouse (or spousal equivalent) exceeding $300,000, each of the past two years and expect the same this year.

  • Net worth, individually or jointly with a spouse (or spousal equivalent), exceeding $1 million.

In order for an entity to meet the definition of an Accredited Investor, the entity must either (1) be owned entirely by accredited investors or (2) have assets exceeding $5M.

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