Our trades are executed through Pershing LLC, an affiliate of the Bank of New York Mellon and the world leader in clearing services with over 70 years of experience in supporting financial organizations around the globe. Pershing has more than $700 billion in assets held in custody. It also operates approximately 20 offices worldwide and is a member of more than 60 exchanges.
For your added security, protection and confidence, Pershing and the Securities Investor Protection Corporation (SIPC) also provide account protection for the net equity of your accounts with Pershing.*
Through Pershing, your SFA Advisor enjoys access to the most advanced investment capabilities available – from fast, precise trade execution and settlement to accurate, timely account statements. This also includes comprehensive products and services and a full array of financial tools to help you meet your investment objectives.
* Pershing provides account protection for the net equity of your securities positions and cash in your Pershing account. Of that total, the Securities Investor Protection Corporation (SIPC) provides $500,000 of net equity protection, including $100,000 for claims for cash (SIPC Protection). Pershing provides the additional protection (Excess SIPC) for account net equity in excess of $500,000 through a commercial insurer. The account protection applies when a SIPC member firm fails financially and is unable to meet obligations to securities clients, but it does not protect against losses from the rise and fall in the market value of investments.
