Custody Services

Safety of your clients’ account assets is one of the most important benefits we provide. Securities in accounts carried by National Financial Services, LLC (“NFS”), a Fidelity Investments company, are protected by Securities Investor Protection Corporation (“SIPC”) up to $500,000 (including cash claims limited to $100,000). For details, go to www.sipc.org.

NFS has arranged for additional protection for cash and covered securities to supplement its SIPC coverage. This additional protection covers up to an aggregate loss limit of $1 billion for all customer claims of which $1.9 million may cover cash awaiting reinvestment at the individual account level. This protection becomes available in the event that SIPC limits are exhausted. Neither coverage protects against a decline in the market value of securities.