Minimum net worth requirements

Below is a summary and is not inclusive of all requirements under HAR §16-39-433

  • No custody or discretionary authority – $5,000
  • Custody of client funds or securities – $35,000
  • Custody due to direct fee deduction – $5,000
  • Custody due to advising a pooled investment vehicle – $5,000
  • Discretionary authority only – $10,000