Each account we manage is custodied by Charles Schwab & Co., Inc. (“Schwab”), one of the largest discount brokerage firms and member of the Securities Protection Corporation or SIPC which provides securities protection up to $500,000. For more information, visit SIPC.org.

In addition to SIPC, Schwab clients receive an extra level of coverage through "excess SIPC" insurance protection for securities and cash. This helps ensure claims will be covered in the event of a brokerage firm failure and funds covered by SIPC protections are exhausted. Schwab's Excess SIPC program has a $600 million aggregate. Commodity interests, futures contracts and cash in futures accounts are not protected by SIPC.