Excess Account Protection

The Securities Investor Protection Corporation (SIPC®) provides account protection up to $500,000 in value, including $100,000 in cash awaiting reinvestment. SIPC provides protection for brokerage firms against losses should a SIPC member firm fail financially and become unable to meet obligations of its securities clients. More information about the protection of account assets through SIPC is available at www.sipc.org. Pershing and Bolton Global Capital are SIPC member firms.

For additional security, Pershing provides coverage in excess of SIPC limits through Lloyd’s of London for assets held in custody up to an aggregate limit of $1 billion, of which $1.9 million may cover cash awaiting reinvestment at the individual account level.

Since 1939, Pershing has been a leading provider of financial business solutions focused on the segregation, safekeeping, servicing, and reporting of client assets intheir custody. Please refer to Pershing’s Statement of Financial Condition for additional information.

These figures are current as of August 2014.  Please refer to the following link for the most current details on Pershing’s account protection:

 

 

BNY Research and Commentary

Related Articles

Global Markets

Virtuous Cycle

With improved growth leading to a decrease in the need for foreign capital to finance current account deficits across emerging markets, capital inflows are now driving currency appreciation. Here, Insight Investment head of emerging market debt Colm McDonagh outlines the...

Read More: Virtuous Cycle
Market Commentary

Market Commentary

After a summer marked by geopolitical tensions, investors ended the third quarter of 2017 with renewed optimism in global growth. While news headlines were breathlessly focused on geopolitical risk in North Korea and partisan rifts in Washington, markets barely paused...

Read More: Market Commentary
Investment Insight

Investment Update: From Monetary to Fiscal Stimulus

Jeff Mortimer’s November Investment Update discusses the transition from monetary to fiscal policy, taking a closer look at the Federal Reserve as it takes the lead. Jeff highlights previous tax cuts and their impact on the markets, as well as...

Read More: Investment Update: From Monetary to Fiscal Stimulus
Asset Allocation

What Proposed Tax Reform May Mean For Municipal Bond Investors

Since Republicans won control of both houses of Congress and the White House in last fall’s elections, investors have been anticipating the first major changes to the nation’s tax code in 30 years.

Read More: What Proposed Tax Reform May Mean For Municipal Bond Investors
Economic Insight

The Next Energy Trend

Oil & gas companies create environmental and safety risks every day, and properly evaluating a company’s ability to manage these risks is part of analysts’ job in developing a robust investment thesis. While reporting on these issues improves almost daily,...

Read More: The Next Energy Trend