National Financial Services LLC (NFS), a Fidelity® Investments company, serves as J.W. Cole Financial’s clearing firm for its brokerage business. NFS is one of the nation's leading clearing firms. Their team is dedicated to understanding virtually every aspect of our business. Before the bell, during the day, and after the bell, NFS continually delivers support and resources that continue to help us fine-tune our brokerage operations.
As the technology leader in the financial services industry, both clients and Investment Professionals can obtain free online access to their brokerage accounts as well as the overall market. Through your web connection, you will be able to get current account positions, market quotes and industry news plus much more. This access is both intuitive and real-time to provide you with the best resources available to make informed financial decisions.
StreetscapeSM
With StreetscapeSM, you have the ability to see the workflow process that is involved in managing your business. Whether it is a transfer of assets, a retirement distribution or completing an equity trade, StreetscapeSMallows you to be more efficient. Your customer's comprehensive brokerage statements include snapshots, summaries, and detailed histories are available online, together with timely trade confirmations and consolidated tax statements.
Account Protection
Securities in accounts carried by National Financial Services LLC (NFS), are protected by the Securities Investor Protection Corporation ("SIPC") up to $500,000 (including cash claims limited to $100,000). For details, please see www.sipc.org. NFS 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 coverage provided by SIPC. Neither coverage protects against a decline in the market value of securities.
