Accounts are held at TD Ameritrade
Independent custodian: Your assets are held in your account at an independent custodian named TD Ameritrade. WiseFactors only has the right to issue trading instructions for your account. It cannot access your cash other than to receive its monthly advisory fee. You are the only one who can deposit to or withdraw from your account.
TD Ameritrade is a member of the Securities Investor Protection Corporation (SIPC). Securities in your account are protected up to $500,000. For details, please visit sipc.org.
TD Ameritrade also provides $149.5 million worth of protection for each client through supplemental coverage provided by London insurers. The $149.5 million of coverage includes a sub-limit of $900,000 on cash. Each client is limited to a combined return of $150 million from SIPC or London insurers. The TD Ameritrade supplemental insurance policy has an aggregate limit of $500 million for claims from all TD Ameritrade clients. This supplemental insurance provides coverage following brokerage insolvency and does not protect against loss in market value of the securities.
Your privacy is protected
We protect the privacy of your information and only share your data with third parties to perform our services to you or in limited circumstances as outlined in our Privacy Notice. WiseFactors and TD Ameritrade each use a secure website that is protected with bank level security.