The added security of SIPC coverage.

Both National Financial Services and Pershing LLC are members of the Securities Investor Protection Corporation (SIPC). That means investors' securities accounts are automatically protected up to $500,000, including up to $100,000 for free-cash balances. Moreover, because both NFS and Pershing maintain excess SIPC coverage, securities are protected up to the net equity value of the account.

For more details about SIPC and excess SIPC, please review the Investor Protection information under Resources or visit the SIPC website. (Note: SIPC and excess SIPC coverage do not protect against changes in the market value of your investments.)