Your assets are held with DriveWealth, our qualified custodian. Should anything happen to Douugh Wealth, you will always have access to your assets directly through DriveWealth. DriveWealth is a member of the Securities Investor Protection Corporation (“SIPC'').
SIPC protects against the loss of cash and securities – such as stocks and bonds – held by a customer at a financially troubled SIPC-member brokerage firm. The limit of SIPC protection is $500,000, which includes a $250,000 limit for cash. SIPC does not protect against the decline in value of your securities. It is important to recognize that SIPC protection is not the same as protection for your cash at a Federal Deposit Insurance Corporation (FDIC) insured banking institution because SIPC does not protect the value of any security.