What account protection does Ridge Clearing provide?
Ridge Clearing provides account protection up to an account’s total net equity. Specifically, the Securities Investor Protection Corporation (SIPC) provides up to $500,000 to protect the assets in each account you hold in separate capacity (for instance, joint tenant, sole owner, etc.). $100,000 of this amount covers between-investment cash balances. In addition, the Travelers Casualty and Surety Company provides secondary “excess” SIPC coverage of unlimited net equity with no cash limit.
