Income-based verification: documentation of income for the past 2 years, including W-2s, 1099s or tax returns.
Net worth-based verification: documentation of your assets, including current bank account statements and brokerage statements that show the value of your accounts. Assets do not need to be held jointly with your spouse in order to be included in this calculation.
Note that we will need to do a “soft-pull” on your credit to check your outstanding liabilities in order to calculate your net worth. This does not affect your credit. Remember, your primary residence is excluded from this calculation, as is your mortgage (unless you owe more than your house is worth – then the amount over the value of your house counts as a liability).
Third-party verification: We will also accept a letter from your attorney, investment advisor, broker, or a licensed CPA that verifies the accredited investor status. We have a template letter that you may provide to the verifying party. This letter must be dated within the past 3 months.
We take the security of your personal information seriously and will only use these documents to verify your accreditation status.
You can verify your accreditation status in your Account Center by going to Profile > Limits.