Account Protection

Shareholders Service Group is a member of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members. Customers are afforded the benefits under the Securities Investor Protection Act of 1970. SIPC provides protection up to a $500,000 limit, of which $250,000 may be for cash balances. More information is available at

In addition to SIPC protection, SSG provides its brokerage customers with excess of SIPC coverage from Lloyd’s of London, This additional coverage only becomes available in the event SIPC coverage is depleted. Total aggregate additional coverage protection available through Lloyd’s of London is $1 billion. This is the maximum additional coverage protection available in the brokerage industry. Within the $1 billion in aggregate excess of SIPC protection, there is no per account dollar limit on coverage of securities. There is a per account limit of $1.9 million on coverage of cash. Neither SIPC nor excess of SIPC coverage protects against the decline in the market value of securities or losses incurred while broker dealer remains in business.

Shareholders Service Group uses the clearing and custody services of Pershing, which provides brokerage clearing and asset custody services to firms collectively totaling more than $1 trillion in client assets. Pershing is owned by The Bank of New York Mellon, the world’s largest custodian with over $30 trillion in assets.

SSG Has Been There Since Day One

My firm is committed to providing personalized wealth management and planning services for every client relationship that is free from conflicts of interest. SSG has been there for us since day one as a key operational and strategic partner in helping us best serve our clients and grow our firm.

Matt Krusko

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