Pennsylvania — Broker, Dealer, Investment Advisor Bond
This Pennsylvania listing covers more than one securities-registration label. Identify the firm's actual broker-dealer or investment-adviser capacity and the Department's required financial route before applying. The uniform bond form must designate the capacity it secures.
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- Recorded state
- Pennsylvania
- Bond type
- Broker-Dealer / Investment Adviser Bond
- Category
- Financial services
What this bond does
The Department of Banking and Securities uses Form U-SB for securities surety bonds. Its undertaking secures registration in the specified capacity and strict compliance with applicable securities statutes, orders and rules. A combined catalog title does not establish that one completed bond covers every activity.
- Who needs it
- A broker-dealer or advisory firm responding to a Pennsylvania financial-security request. Bring SEC and state registration information, the principal office location, financial calculations and the Department's directions.
- Who it protects
- U-SB acknowledges an obligation to the Commonwealth for people with claims under its conditions. Pennsylvania's rule makes the bond subject to client claims regardless of residence. The stated aggregate applies across claimants; it is not multiplied by the number of activities in the catalog title.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.
Sources
- Pennsylvania 10 Pa. Code 303.051: securities surety bonds (opens in a new tab)Checked October 26, 2026
- Pennsylvania 10 Pa. Code 303.041: broker-dealer capital (opens in a new tab)Checked October 26, 2026
- Pennsylvania Department: Form U-SB (opens in a new tab)Checked October 26, 2026
- Pennsylvania 10 Pa. Code 303.042: adviser capital (opens in a new tab)Checked October 26, 2026
Have these ready
- Identify whether the request concerns broker-dealer or investment-adviser registration.
- Provide state and SEC registration or application information.
- Confirm the principal office, financial requirement and permitted bond route.
- Obtain the Department-required rounded deficiency and accepted form entries.
- Arrange execution, acknowledgment, any applicable power of attorney and filing.
Questions about this bond
Does this title mean one bond automatically covers both roles?
U-SB requires the principal's broker-dealer or investment-adviser capacity to be designated. Match the Department request and completed undertaking to the actual role. The combined catalog label alone does not establish simultaneous coverage.
Is the bond always $25,000?
That is the general state broker-dealer net-capital threshold, subject to the rule's federal-registration distinction. The permitted bond amount is the deficiency rounded up to the nearest $5,000. The adviser route has separate capital and applicability provisions.
What follows Purchase Now?
Propeller's Pennsylvania broker/dealer/investment-advisor application opens in a new tab. Confirm the requested capacity and match the Commonwealth obligation, firm, permitted sum and dates. Review and execute the correct undertaking and acknowledgment, then file as the Department directs. Payment does not grant either registration.