The bXadvisors Advantage
We offer SIPC protection as well as additional coverage for all of your clients' accounts.
Financial Protection
brokersXpress, LLC, and its Investment Advisory Representatives, offer investment advisory services under the name bXadvisors. brokersXpress also offers custody services for Independent Registered Investment Advisers under the name bXadvisors. brokersXpress, LLC is a wholly-owned subsidiary of brokersXpress Illinois, Inc. which is a wholly-owned subsidiary of optionsXpress Holdings, Inc. (OXPS).
bXadvisors is
a member of the Securities
Investor Protection Corporation (SIPC), which provides up to
$500,000 in account protection, of which $100,000 may be in un-invested
cash. In addition, our clearing agent offers additional extended
coverage through Lloyds of London up to $24,500,000 per account,
not including SIPC coverage.
Your customers are protected from losses due to our financial failure, not against a change in the market value of securities in their accounts.
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bXadvisors does not provide tax or legal advice. Content and tools are provided for educational and informational purposes only. Any stock, options, or futures symbols displayed are for illustrative purposes only and are not intended to portray a recommendation to buy or sell a particular investment. Advanced options strategies and orders involve additional risks.
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