The security of our clients’ assets is our highest priority.

That is why we have chosen to work with LPL Financial, one of the nation’s leading financial services companies. LPL is a public company listed on the NASDAQ (symbol: LPLA) and provides Shrier Wealth Management with world-class technical and back office support including record keeping, custody of assets, and production of our clients’ statements.

LPL does not engage in market-making activities nor does it engage in proprietary trading for its own account. Additionally, LPL has no exposure to mortgage-related securities nor does it provide loans to speculators.

As required by the SEC, LPL keeps client funds in a separate account, distinct from the Firm’s own money. Securities held by clients are kept securely with the Depository Trust Company, separate and distinct from the assets of LPL. Additionally, LPL, like all Brokers, is required to identify and segregate securities by client.

Furthermore, LPL cannot lend or borrow securities from a client’s account, unless a Margin Agreement has been signed.

Client assets are protected by SIPC coverage. The LPL Financial SIPC Membership provides account protection up to a maximum of $500,000 per customer, of which $250,000 may be claims for cash. An explanatory brochure is available at

In addition to SIPC, LPL has extra insurance coverage through London Insurers. LPL Financial accounts have additional securities protection to cover the net equity of customer accounts up to an overall aggregate firm limit of $575,000,000 subject to conditions and limitations. The account protection applies when an 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.