Solicitor’s Referral Program

Would you like to earn income from introducing clients to us?

If yes, the state of California allows us to pay you a referral fee for being the source of business as long as certain conditions are met:

  • You must register with the state of California.* ($35 fee/approximately 90 days approval)
  • You have a written solicitor’s agreement with us.*
  • You are ONLY the source of introduction and not representing the actual services.*
  • You are not statutorily disqualified.*

You DO NOT need to take ANY exams to participate in this fee sharing program.

Details, Definitions and FAQ’s

What is a Solicitor?
Any person who solicits any client, or prospective client, whether directly or indirectly, or refers any client or prospective client to an investment adviser.

Does the Solicitor have to have any securities licenses, or take any exams?

Does a Solicitor have to register with the state?
Yes. There is a $35 non refundable fee and the process takes about 90 days after the paperwork is filed.

Does the solicitor need to have a written contract with the investment adviser?

Can a solicitor provide investment advice to a client about a security and/or the securities market?
No. No. No. Let me repeat: NO!

Can a Solicitor be paid a fee for referring a client to an investment adviser?

What can a Solicitor do?
In speaking with prospective clients, they may recommend that person or entity speak to an investment adviser, or arrange the introduction between the prospective client and the investment adviser.

Are there any required documents that the solicitor must provide?
Yes. The solicitor must provide the prospective client with a written solicitor’s disclosure detailing the scope of the relationship AND the investment adviser’s Form ADV-2a.

Can anyone be a Solicitor?
Yes, BUT…..not if you are statutorily disqualified.

Who is subject to a statutory disqualification?
Section 203 of the 1940 Investment Advisers Act outlines who cannot be a Solicitor. It includes but is not limited to:

  • An individual barred or suspended by the SEC.
  • An individual convicted within the previous ten years of any felony or misdemeanor involving conduct described in Section 203(e)(2)(A) through (D) of the 1940 Investment Advisers Act.
  • An individual who has been found by the SEC to have engaged, or has been convicted of engaging, in any of the conduct specified in paragraphs (1), (5) or (6) of Section 203(e) of the 1940 Investment Advisers Act.
  • An individual that is subject to an order, judgment or decree described in Section 203(e)(4) of the 1940 Investment Advisers Act.

For more information or to join the referral program please email us at