You are accredited investor if you have annual income exceeding 200K or net worth exceeding 1M or you have FINRA license
Accredited investor as defined by SEC Rule 501(C) has to satisfy one of the following:
- A natural person with income exceeding $200,000 in each of the two most recent years or joint income with that person’s spouse exceeding $300,000 for those years and reasonably expect to reach the same income level in the current year.
- Any natural person whose individual net worth, or joint net worth with that person’s spouse exceeds $1,000,000 USD (excluding primary residence).
- A letter from a registered broker-dealer, an SEC-registered investment adviser, a licensed attorney, or a certified public accountant showing that the entity has been verified as an accredited investor. Must be dated within the last three months of the request.
- A natural person holding General Securities Representative (Series 7), Private Securities Offerings Representative (Series 82), or Licensed Investment Adviser Representative (Series 65) registration in good standing.
- Any entity with assets over $5,000,000.