We have taken every step to make sure that you can invest through StakeHolders Capital with confidence. To make our company financially sound, we uphold the following practices: holding no debt, keeping our common stock in the hands of employees, and investing our cash reserves prudently.
StakeHolders does not hold our clients’ assets, as custodian or in any other capacity, even as they are in the process of being transferred. Rather, the custodian for client accounts is BNY Mellon’s Pershing division, which is not an investment banking firm but rather part of commercial bank. The accounts held in custody are entirely separate from BNY Mellon’s own financial well-being; the bank’s portfolio holdings and any risk-taking capital investments do not affect client assets, which are invested in the publicly traded mutual funds, ETFs, and community notes we select.
If the custodian should fail, any assets registered in clients’ names are the property of the clients and would be subject to the Securities Investor Protection Corporation (SIPC) policies. See www.sipc.org/. It is important to recognize that SIPC does not work the same way as the Federal Deposit Insurance Corporation in terms of blanket protection of losses. For more information click here.
We use a firm called Shareholder Service Group – SSG, who is our liaison to Pershing. SSG specializes in serving RIA firms like ours and they are located at 9845 Erma Drive, suite 312, San Diego, CA 92131. For more information, go to www.shareholdersgroup.com.
