Federal Insurance & Guarantees

All investment securities that we manage for you are held by a broker custodian who is a member of the Securities Investor Protection Corporation (SIPC). As a result, securities in your account are protected up to $500,000 (of which $250,000 can be for claims for cash awaiting reinvestment). For details, please see www.sipc.org. Please note that SIPC does not protect against loss due to market fluctuation.

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