We’re Modernizing Investor Verifications
Frequently Asked Questions
Your main objective is to raise capital and close real estate deals as a sponsor. So you’re taking on a lot of risk—both for your firm, and your investors—by performing verification that meets the federal standard.
Accredd.com ensures that you’re legally compliant with the SEC while also separating your investors’ sensitive documents from your investor portal.
Your investor relations team already answers a variety of questions on new opportunities, wire info, and tax forms. Why incumber them with a sensitive legal task like verification?
We estimate our customers can save 120 hours per year, based on an average of 400 verifications. What could your IR or legal team do with 120 additional hours?
Storing financial data on your portal, or within your inbox poses a security risk. Investors’ info will be exposed if the portal has a data leak, or your email gets hacked. One bad incident creates a security domino effect.
Separating investor data from your portal and internal systems removes this liability. Using a 3rd-party verifier means your team won’t be able to lose, let alone view, investors’ info because you won’t have access to these documents to begin with.
We provide a turnaround time of 12 hours or less once we have all necessary documents.
Our software performs the bulk of the verifications, thereby reducing the turnaround time while collecting, aggregating, and surfacing investor insights to sponsors. There is still human involvement verifications, especially for more complicated accreditations.
Your investors will always retain ownership of their data. Your limited partners are protected from any hacks to your investor portal or your systems by uploading their documents to our servers. This creates a separation between your ecosystem and investors’ data.
We use bank-level security when investors upload their data to us. Additionally we encrypt that data when it is at rest (or not being used). This is miles better than storing your investor documents within your investor portal.
We delete investor data upon their request. Otherwise, we store their data to maintain the SEC’s 5 year rule: ensuring you can continue to raise money from them throughout that period.
We work exclusively with real estate sponsors doing 506(c) offerings. That means we deeply understand the speed and cadence at which you do deals. For example, we don’t charge an annual fee because you know you operate on a deal-by-deal or fund-by-fund basis.
Yes. Rule 506(c) does not explicitly state that issuers are required to use a broker-dealer, CPA, etc. to satisfy the verification requirement. The SEC details and encourages issuers to take reasonable steps to verify their investors’ accreditation status.
Our company, its software and its services, were built with these guidelines in place under the supervision of counsel who all specialize in securities.
No, we’re an incorporated entity and are independent verifiers who help issuers stay compliant with the SEC.
We believe this removes any bias and conflicting interests since we’re strictly here to help our clients.
Our verification method is trusted by industry leaders and follows SEC best practices.