Independent Custodian

Your custodian maintains custody of your investment accounts. An independent custodian is independent from your investment professional. The independent custodian for Posey Capital clients is Fidelity Investments, one of the world’s largest and strongest financial institutions. Fidelity’s state-of-the-art trade execution, settlement, and back office processes provide Posey Capital clients with the best custodial services available.

Your independent custodian is obligated by law to maintain your assets for you and you alone. In other words, your independent custodian insures that no one – not even us – can reach the assets in your investment accounts but you.

Account Protection

Your investment accounts are protected by the Securities Investor Protection Corporation (SIPC), and by unlimited private insurance that insures all assets in your account on a dollar-for-dollar basis. Taken together, SIPC and private insurance insure that you can withdraw the full balance of your account at any time. The investments in your account will fluctuate in value, and with any investment loss of principal is possible. The insurance does not cover fluctuations in value, but guarantees delivery to you of the full balance of your account.