Based on restrictions from the SEC (Securities and Exchange Commission) rule 506c, only accredited investors can invest with Weststone Investment.
You can apply for verification through our website, using a third-party service; “Verify Investor.” This is a secure process we provide as a complimentary service to all Weststone investors.
How to determine if you are an accredited investor
To qualify as an accredited investor, you must meet one of the following four requirements.
- Individuals who have earned $200,000 or more in gross income, each year, for the past two years and expect to continue to do so.–or–
- Individuals whose gross income, when combined with a spouse's income, totals $300,000 or more, each year, for the past two years.–or–
- Individuals who maintain a net worth of $1 million or more, excluding the value of his or her primary residence.–or–
- An entity with at least $5 million in assets, or a business in which all equity owners are accredited investors.
How do I prove that I am an accredited investor?
Before you start the application, please make sure you have proof of income and/or assets available.
Investing as individuals and retirement accounts
- Proof of income for the past 2 years should be supported by official tax records such as US tax returns, W-2, K-1, 1099, or other government documents.–or–
- Documentation of assets proving you have a net worth of at least $1,000,000, excluding your primary residence. Documentation could include a property deed, bank statements, letter from a financial institution, or vehicle title that shows ownership, etc. Investors also need to provide third-party liability evidence by submitting a copy of their credit report (no older than 90 days).–or–
- A verification letter dated within the last 90 days from a third-party licensed attorney, a CPA, an SEC-registered investment advisor, or a registered broker-dealer certifying that you are accredited.
Investing as an entity or trust
- An entity or trust with total assets in excess of $5,000,000 would typically provide a bank statement, a formal valuation from a valuation professional, or perhaps an appraisal of real estate held by the entity.–or–
- If the entity or trust does not meet the minimum assets test, it might also be able to qualify as an accredited investor if all of its equity owners are accredited investors. In that case, each entity owner needs to provide one of the following:
- Proof of income for the past 2 years supported by official tax records such as US tax returns, W-2, K-1, 1099, or other government documents.
- Documentation of assets proving you have a net worth of at least $1,000,000, excluding your primary residence (documentation could include a property deed, bank statements, letter from a financial institution, or vehicle title that shows ownership, etc.)
- A verification letter dated within the last 90 days from a third-party licensed attorney, a CPA, an SEC-registered investment advisor, or a registered broker-dealer certifying that you are accredited.
Application
Click on “Sign up” to create an account and apply to be verified as an accredited investor.
Sign up