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What happens if Passfolio goes out of business?

If Passfolio, for any reason, ceases to operate, the assets of the clients will be transferred in an orderly manner to another registered brokerage firm. It’s usual for registered brokerages or clearing firms to keep their clients’ securities and money separate from their own. This way, even if a company fails, the clients’ assets are still safe.

Brokers are also required to meet minimum net capital requirements to reduce the risk of insolvency and to be a member of the Securities Investor Protection Corporation (SIPC), which means stocks in your account are protected up to $500,000 (including $250,000 for claims for cash).


Creating an account

To create an account with us, you need to meet the following requirements...

Passfolio accounts

We offer cash accounts, which means that trades must be paid in full at the time of order execution. Rules for payment of securities...

Form CRS - Customer Relationship Summary FAQ

Given my financial situation, should I choose an investment advisory service? Should I choose a brokerage service?

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