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Account Information
In addition to SIPC protection, Pershing also provides coverage in excess of SIPC limits through a private insurer, Lloyd’s of London. The excess account protection purchased through Lloyd’s of London offers the highest level of coverage that is available in the industry today.1 The excess insurance policy provides the following protection for assets held in custody by Pershing and its London-based affliate, Pershing Securities Limited:
- An aggregate loss limit of $1 billion for eligible securities - across all client accounts
- A per-client loss limit of $1.9 million for cash awaiting reinvestment - within the aggregate loss limit of $1 billion
The Lloyd’s of London insurance does not protect against loss due to market fluctuation. For more information about Lloyd’s of London, please see www.lloyds.com.
1 The $1 billion aggregate loss limit for eligible securities is the highest policy offered in the industry.
This site has been published in the United States for residents of the United States. The entire site has been prepared
solely for informational purposes, and it is not an offer to buy or sell or a solicitation of an offer to buy or sell
any security or instrumentor to participate in any particular trading strategy.
First Heartland® Capital Inc., member FINRA & SIPC
and any of its employees or representatives acting as an agent, may transact business in a particular state only if first registered, excluded
or exempted from registration requirements either individually or as a firm. In addition, follow-up conversations or meetings with
individuals in a particular state by either First Heartland® Capital, Inc. or any of its employees or representatives acting as a agent to
effect transactions in securities or discuss securities, investment planning or other personal investment advice will not be made without first
becoming registered, excluded or exempted from registration requirements either individually or as a firm.
1839 Lake Saint Louis Blvd. | Lake Saint Louis , Missouri, 63367-1394 |
Phone: 800-444-7244 |
Email: marketing@firstheartland.com
First Heartland Capital