Financial Requirements (HAR §16-39-433)
- Minimum net worth requirements
- Any adviser who fails to maintain the minimum net worth required must notify the commissioner by the end of the next business day
- Net worth is defined as the excess of assets over liabilities, as determined by generally accepted accounting principles
- Investment advisers who have a principal place of business outside of Hawaii are required to maintain the minimum net worth required in the state of their principal place of business
/sec/iag/general_requirements/financial_requirements/min_net_worth_requirements