Your Assets

The assets in our clients’ accounts are protected by LPL Enterprise LLC.

 

LPL Enterprise LLC is a member of Financial Industry Regulatory Authority (FINRA).  Securities are cleared and assets are held at LPL Enterprise LLC.

 

 

The financial strength of LPL Enterprise LLC provides the first measure of protection for our clients’ assets.  LPL Enterprise LLC is a registered broker-dealer with the Securities Exchange Commission (SEC) and member of the Financial Industry Regulatory Authority (FINRA).  Both the SEC and FINRA require us to comply with various rules intended to minimize the chance of financial failure and maximize the protection of our clients’ assets.

 

The SEC Customer Protection Rule requires LPL Enterprise LLC to segregate investor assets, which are fully paid-for from its own assets.  Therefore, in the unlikely event of the financial failure of LPL Enterprise LLC, investor’s fully paid-for assets will remain separate from LPL Enterprise LLC’s own assets.  LPL Enterprise LLC is also subject to the SEC Net Capital Rule, which requires each of us to maintain enough liquid assets in the event of firm failure and liquidation.  Because LPL Enterprise LLC has custody of our clients’ assets, it must maintain an even higher level of net capital, further increasing the security of our clients’ assets.