Account Protection

Through Eldridge Investment Advisors' partnership with LPL Financial, our clients are provided with account protection up to a maximum of $500,000 per customer, of which $250,000 may be claims for cash. For an explanatory brochure, visit www.sipc.org. Additionally, through London Insurers, LPL Financial accounts receive additional securities protection to cover the net equity of customer accounts up to an overall aggregate firm limit of $575 million subject to conditions and limitations. The account protection applies when a SIPC member firm fails financially and is unable to meet obligations to securities clients, but it does not protect against losses from the rise and fall in the market value of investments. This extensive coverage reflects a strong commitment to servicing your investment needs.

FDIC-insured cash accounts

Through the LPL Financial multi-bank Insured Cash Account Program, deposits are eligible for up to $1.5 million of deposit insurance for individual or trust accounts, and up to $3 million of deposit insurance for joint accounts through the FDIC. At each bank, your Insured Cash Account deposits are insured by the FDIC to a maximum amount of $250,000 (including principal and accrued interest) when aggregated with all other deposits held by you in the same recognized legal capacity (e.g., individual, joint, IRA, etc.) at the same bank. For example, if you have an individual or trust brokerage account, you would be eligible for up to $250,000 of FDIC deposit insurance per bank. If you and your spouse have a joint account, your account would be eligible for up to $500,000 of FDIC deposit insurance per bank. If you have any questions about FDIC insurance coverage, visit www.fdic.gov.

Keep in mind that other investment holdings are subject to loss.

Learn more about the role of the SIPC in protecting investors' assets.

Download: SIPC FAQ