Personal Investing
Our number one priority is you.
Today's complex marketplace makes working with an experienced, objective financial professional more important than ever. Our financial advisors and representatives stand ready, willing and able to assist you in navigating the market and outlining a personalized investment strategy designed to help you achieve your financial goals. Because we are an independent firm, our advisors and representatives have the freedom and flexibility to choose from a diverse array of product and service offerings—with no pressure to sell proprietary products—so they can make investment recommendations that are truly in your interest.
Your account is protected.
Excess SIPC Coverage
Penson Financial Services, Inc. (Penson) is a member of the Securities Investor Protection Corporation (SIPC), which protects cash and securities held in customer accounts of its members up to a ceiling of $500,000, including a maximum of $100,000 for cash claims. For information regarding SIPC protection, contact SIPC at (202) 371-8300 or visit www.sipc.org.
Penson has purchased an additional insurance policy through a group of London Underwriters (with Lloyd's of London Syndicates as the Lead Underwriter) to supplement SIPC protection. This additional insurance policy becomes available to customers in the event that SIPC limits are exhausted and provides protection for securities and cash up to an aggregate of $600 million. This is provided to pay amounts in addition to those returned in a SIPC liquidation. This additional insurance policy is limited to a combined return to any customer from a Trustee, SIPC and London Underwriters of $150 million, including cash of up to $2 million.
Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.
