Safeguarding Client Assets and Information
Doing business with a trusted partner is the first step in any successful relationship. Your information, and that of your clients, is guarded and protected. We maintain physical, electronic and procedural safeguards in accordance with legal standards and established security procedures.
Axos Clearing is a member of the Securities Investor Protection Corporation (SIPC), and provides account protection up to $100 million for correspondent customer assets held by Axos Clearing. The first $500,000 of coverage (including up to $250,000 for cash balances) per client is provided by SIPC as defined by SIPC Rules (www.sipc.org). Axos Clearing’s policy with Lloyd’s of London (www.lloyds.com) provides additional “excess SIPC” account coverage up to $99.5 million.
With the combination of SIPC coverage and Lloyd’s of London insurance, accounts held by Axos Clearing are protected up to a total of $100 million per client, including up to $1.15 million for cash balances with an aggregate limit of $100 million.
Account protection coverage applies when an SIPC member firm fails financially and is unable to meet its obligations to securities clients. It does not protect against losses from the rise and fall in the market value of investments, and it does not cover all assets.
Connect With Axos Clearing
At Axos Clearing we are focused on creating business partnerships that empower the success of the firms we serve. By providing flexible brokerage and clearing platforms and strategic services, our correspondents can focus on growing their business.
Let’s connect to see if our clearing and custody solutions are right for your firm.
15950 West Dodge Road, Ste. 300
Omaha, NE 68118