Protecting Your Assets

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R.M.Stark introduces most customer brokerage accounts to Pershing LLC., a BNY Mellon Company. R.M. Stark does not hold customer securities or cash. Pershing is a financial services leader serving broker-dealers worldwide. Pershing has 23 offices with over 4,000 associates and global client assets which exceed $1 trillion.

View Pershing Statement of Financial Condition

Excess SIPC Insurance

 

R.M.Stark and Pershing are members of SIPC. In addition to SIPC protection, Pershing provides excess insurance through certain underwriters in Lloyd's insurance market. Terms of the coverage provide for a per-client loss limit of $1.9 million for cash awaiting reinvestment, within the aggregate loss limit of $1 billion.

View Understanding the Protection of Client Assets

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SIPC was created under the Securities Investor Protection Act as a not-profit membership corporation. SIPC oversees the liquidation of member broker-dealers that close when the broker-dealer is bankrupt or in financial trouble, and customer assets are missing. R.M. Stark is a Member of SIPC. R.M. Stark provides a high-level of account protection as a Member of SIPC and through excess insurance provided through Pershing LLC.

Member SIPC