How to verify accredited investor status (qualifications and acceptable documents)

## How do I verify my accreditation To increase your investing limit on Reg CF and be able to invest in Reg D 506(b), you can do [self verification](https://help.wefunder.com/hc/t6vc02j1gl/article/58d31854-verifying-your-accreditation-status) of your accredited investor status. To invest in Reg D 506(c) you must go through a review process to verify your accredited investor status. The following information is for accreditation as an individual and as an entity: _Note: This process must be done every five years per guidelines set forth by the SEC/FINRA._ ## How can individuals qualify as accredited - Income over $200,000 per year for the last two years and expecting to remain the same - Income over $300,000 per year for the last two years if joint with a spouse - Net worth over $1 million, excluding the primary residence - Investment professionals in good standing holding the general securities representative license (Series 7), the investment adviser representative license (Series 65), or the private securities offerings representative license (Series 82) ## How can entities qualify as accredited - Entities owning investments in excess of $5 million - The following entities with assets in excess of $5 million: corporations, partnerships, LLCs, trusts, 501(c)(3) organizations, employee benefit plans, 'family office' and any 'family client' of that office - Entities where all equity owners are accredited investors If you meet any of those qualifications and would like to verify your accredited status, we will need you to submit documentation confirming your income or net worth per the criteria listed above. ## What forms/documents are acceptable to prove accreditation _Please note, all documentation MUST have the investor's full name and date of the document._ - Letter from a lawyer, accountant, dealer-broker, or investment advisor indicating that they have seen the investor’s financials and can confirm that they meet the accreditation requirements - Tax forms like W-2s, 1099s, K-1s, etc. - Certificates of deposit, tax assessment, or appraisals - Proof of license for Series 7, 65, or 82 - If the investor is foreign and uploads foreign documents, you can convert the currency into USD to determine if they meet the threshold - For initial verification, supporting documents need to be dated within 90 days You can upload these forms in your **Investor Limits** settings. 1. Once you go to your settings, click **Investor Limits** on the side menu, and then select yes for **Accredited Status**. 2. Once you do this, you'll see a **Verify** link where you can submit your documents. Our Investor Success team reviews these requests Monday-Friday. Please allow one business day for processing.