How SIPC Protects Investors

The Securities Investor Protection Corporation (SIPC) is a non-profit United States government sponsored agency designed to help investors in the event of a brokerage firm failure. By investing with a firm that is a member of the SIPC, like Janney, a client is protected in the event the firm should ever fail.

SIPC Insurance
SIPC insurance would ensure delivery of the portfolio assets to each eligible account up to $500,000 in value (not more than $100,000 in cash) in the case of financial failure of a SIPC member firm. SIPC has published a brochure further explaining the coverage provided. If you would like a copy, please contact your Janney Financial Consultant.

Excess SIPC Insurance
Excess SIPC insurance for your account will be obtained through certain underwriters at Lloyd’s of London. In the highly unlikely event that our firm should ever fail and should your client assets not be recovered through the firm or under the SIPC protection limits, this additional insurance becomes available to cover your account subject to a limit of $24.5 million per client and an aggregate loss limit of $100 million. If you maintain more than one account at Janney in separate capacities (i.e., individually, jointly, as a trustee), each account would be protected by SIPC and the excess of SIPC insurance. Lloyd’s of London is the world’s leading insurance market. Lloyd’s is currently rated A and A- by Standard & Poor’s and A.M. Best respectively.

For more details on your investor rights as they pertain to SIPC, we encourage you to call SIPC at (202) 371-8300, visit www.sipc.org or request an explanatory brochure from your Janney Financial Consultant.