Nationwide Planning Associates is a member of the Securities Investor Protection Corporation (SIPC), a federal non-profit corporation that protects customer assets in the unlikely event that a member broker-dealer should fail to meet its financial obligations.
All of our client brokerage account assets are custodied at Pershing® - The #1 US clearing firm (Investment News, 2008) and a wholly-owned subsidiary of the Bank of New York Mellon (a FED-regulated bank holding company). In addition to the normal SIPC coverage of $500,000 for cash and securities, Pershing purchases excess SIPC coverage. This excess account protection offers the highest level of coverage that is available in the industry today. For additional details surrounding this policy, visit www.pershing.com.