Yes, your money is protected.
Your investments are subject to Securities Investor Protection Corporation (SIPC) coverage via our partner broker-dealer. This means your investments are protected up to $500,000 (including $250,000 for cash claims). You can find more information about SIPC insurance by visiting www.sipc.org.
Your cash balances are automatically included in our FDIC-Insured Sweep Program, which is offered by our partner clearing firm. This means your cash swept into deposit accounts through bank sweep programs is covered by FDIC insurance up to the $250,000 limit per customer at each FDIC-Insured bank. For more information on the FDIC Sweep Program please visit the SEC's webpage.