FAQ
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      1. addy Help Centre
      2. Information for Accredited Investors
      3. FAQ

      Can accredited investors invest with addy?

      What is an accredited investor?

      An accredited investor is an individual, entity, or financial institution with a special financial status that enables them to invest in certain opportunities that are not legally available to ordinary investors.

       

      An accredited investor qualifies under one of these options;

      • (j.1) an individual who beneficially owns financial assets (which term excludes real estate) having an aggregate realizable value that, before taxes but net of any related liabilities, exceeds $5,000,000;

      Or

      • (j) an individual who, either alone or with a spouse, beneficially owns financial assets (which term excludes real estate) having an aggregate realizable value that, before taxes but net of any related liabilities, exceeds $1,000,000;

      Or

      • (k) an individual whose net income before taxes exceeded $200,000 in each of the two most recent calendar years or whose net income before taxes combined with that of a spouse exceeded $300,00 in each of the two most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year;

      Or

      • (l) an individual who, either alone or with a spouse, has net assets that exceed $5,000,000.

      In Canada, the details of the official definition of an accredited investor and who qualifies as one can be found under section 1.1 of the National Instrument 45-106.

      If you feel you meet the requirements, log into your profile and click on the "Are you an Accredited Investor?" link, second from the top, as seen in this screenshot.

       

      1) Click "Are you an Accredited Investor?"

      2) Select your accredited type, and upload the required documents (See matrix below for a list of documents).

      3) Once your document has been submitted, it will be reviewed and will be approved or rejected.

      4) Please email support@addyinvest.com if you have any trouble with this process.

       

      Here is a matrix of each exemption and the requested documentation for proof of qualification:

      Accredited type Documents

      (d) A person registered as an adviser or dealer:
      1. Proof of registration under the securities legislation of a Canadian jurisdiction (e.g., registration certificate or confirmation from a regulatory body).
      2. A copy of the current license or certificate demonstrating active adviser/dealer status.

      (e) An individual registered as a representative of an adviser or dealer:
      1. Proof of registration as a representative under the securities legislation of a Canadian jurisdiction.
      2. A copy of the license or certificate demonstrating active representative status.
      3. Confirmation from the employer (adviser or dealer) of the individual’s role and active status.

      (e.1) An individual formerly registered under securities legislation:
      1. Proof of former registration under the securities legislation of a Canadian jurisdiction.
      2. Documentation showing the date and type of registration (excluding solely limited market dealer roles in Ontario or Newfoundland and Labrador).
      3. A letter or certificate from the relevant regulatory authority confirming former registration status.

      (j) Individual owning financial assets exceeding $1,000,000 CAD:
      1. Bank statements or investment account statements showing beneficial ownership of financial assets.
      2. A net worth statement prepared by a professional (e.g., CPA, financial adviser) detailing assets and liabilities.
      3. A signed declaration confirming the accuracy of the financial information.

      (j.1) Individual owning financial assets exceeding $5,000,000 CAD:

       
      1. Bank statements or investment account statements clearly demonstrating ownership of financial assets exceeding $5,000,000 CAD.
      2. A professional-prepared net worth or financial statement supporting the claim.
      3. A signed self-declaration confirming the valuation of assets.

      (k) Individual meeting income requirements:

       
      1. Copies of personal income tax returns (T1 General) or Notice of Assessments (NOAs) for the two most recent calendar years.
      2. A declaration confirming expected income for the current year (e.g., salary letter from employer or similar proof of ongoing income).
      3. For combined income (with spouse), additional proof of spouse’s income (e.g., spouse's tax documents or a joint income statement).

      (l) Individual with net assets of at least $5,000,000 CAD:

       
      1. A net worth statement prepared by a qualified professional (e.g., CPA, CFA) listing all assets (e.g., real estate, investments) and liabilities.
      2. Supporting documentation for significant assets (e.g., appraisals for real estate, investment account statements, bank statements).
      3. Signed declaration confirming the net asset valuation.

      (m) Non-individual entities with net assets of at least $5,000,000 CAD:

       
      1. The most recently prepared financial statements (audited or reviewed) demonstrating net assets exceeding $5,000,000 CAD.
      2. Corporate resolution or declaration signed by an authorized signatory confirming the entity's net asset position.
      3. Supporting documentation for significant assets or liabilities if not included in financial statements.

      Additional Notes:

      • Declarations: Many categories require signed declarations or affidavits attesting to the information’s accuracy.
      • Professional Preparation: Financial documents should ideally be prepared, reviewed, or certified by a qualified professional, such as a CPA or legal advisor, to ensure validity.
      • Confidentiality: Ensure documents include only necessary information while maintaining compliance with privacy laws and standards.