A Simple Guide to Accreditation Verification

A Simple Guide to Accreditation Verification Network-Powered Venture Capital All accreditation letters are valid for investments made in the next 90 days per SEC rules. For income-based verifications, new documentation may not need to be submitted for up to 12 months. Why do I need to be accredited? Alumni Ventures is required by the SEC* to collect documentation from all investors demonstrating their status as accredited investors. Ready to get started? Head over to Parallel Markets. All applications will be reviewed within a single business day. * Alumni Ventures operates under SEC Regulation D, Rule 506(c). How do I verify accreditation? Alumni Ventures has partnered with Parallel Markets to provide a portable identity solution for accredited inves- tors. Their platform simplifies investor onboarding by verifying accreditation information in a single click. What documentation will I need to supply? The available accreditation tests for verifying your information are detailed below. As the requirements vary based on your method of investment, you will be guided during the verification process to ensure the right documents are being requested. INDIVIDUAL INVESTORS Choose one of the following accreditation tests. BUSINESS OR TRUST INVESTORS Choose one of the following accreditation tests. Income $200k annual income individually (or $300k jointly with a spouse) in each of the two most recently completed calendar years Valid for full calendar year Valid for 90 days Valid for 90 days Valid for 90 days Valid for 90 days Net Worth $1 million in individual net worth or joint net worth with a spouse Professional License Maintaining a Series 7, Series 65, or Series 82 license in good standing with a FINRA member firm Assets The business or trust maintains assets or investments in excess of $5 million Ownership Each owner / grantor of the business or trust is accredited NOTE: In lieu of providing documentation, you may have a lawyer, CPA, or SEC-registered investment advisor attest to your accreditation status. Simply enter in their contact information in the accreditation process, and Parallel Markets will reach out to them to collect a letter of attestation. See the FAQs on the following page for more details. Verify Accreditation DOCUMENTATION W2s, 1040s, K-1s, or any other IRS tax document demonstrating income in excess of the relevant threshold DOCUMENTATION Evidence of assets (bank or brokerage statements, tax assessments, property appraisals) and liabilities (a credit report from a national reporting agency) DOCUMENTATION Provide your CRD number DOCUMENTATION Bank or brokerage statements demonstrating assets/investments held by the business or trust DOCUMENTATION Each owner / grantor must complete their individual accreditation