Third Party Custodian
All client assets are held at a major brokerage. Most are at TD Ameritrade. Clients have sole authority over any payments made to other parties or cash withdrawals.
Cash in each brokerage account at TD Ameritrade is swept into FDIC insured TD Bank. Cash beyond FDIC limits and all securities are backed by SIPC (Securities Investor Protection Corporation) insurance. TD Ameritrade provides further protection through London based insurers, bringing total coverage to $150 million for each investor.
Under the topic of safety we reiterate one tenet of our investment philosophy; our belief in the propriety of diversification. As we reduce the unique risk of specific exposures, we increase safety.
Our clients have 24/7 access to their accounts online, and they can opt for any combination of paper and/or email statements and notifications. We keep our clients well informed, but they always have direct access to their assets