Fidelity Investments Institutional Brokerage Group (FIIBG) is our provider of investment custody, clearing and brokerage services. Fidelity has been serving the needs of individual investors and investment professionals for over 50 years and, today, is one of the largest privately owned financial services companies in the world. As experts in the financial services field, they have a thorough understanding of the products and services we need in order to best serve you, and they provide these to us through one of the industry's most efficient and technologically advanced brokerage platforms.

Protection for Your Assets

Investments that you entrust to us are placed in custody with Fidelity's clearing firm, National Financial Services LLC. As a member of the Securities Investor Protection Corporation (SIPC), your assets are insured up to $500,000 (including cash claims limited to $100,000). Most types of securities held in a brokerage account at National Financial Services are protected, including stocks, bonds, notes, debentures, certificates of deposit, and mutual funds helped with an SIPC member. Additional details are available at www.sipc.org.

In recognition of the limits of the coverage available through SIPC, National Financial Services has arranged for additional insurance protection for cash and securities to supplement its SIPC coverage. This additional protection covers total account net equity in excess of the $500,000/$100,000 covered by SIPC. It does not, of course, cover declines in the market value of your securities.