Security of Your Assets

Using a Custodian

To ensure the safety of your assets, we utilize a trusted custodian. LPL holds your assets securely, which means that if anything were to happen to Insight Wealth or Symphony Financial, your investments remain protected. This is a standard practice across the financial industry.

Insurance Against Bank or Broker-Dealer Failure

LPL employs two types of insurance to safeguard your assets in case of institutional failure:

• SIPC Insurance: This provides coverage for investment accounts held by LPL, with protection up to $500,000 per account.
• FDIC Insurance: This covers non-investment accounts held by banks, offering protection up to $250,000 per account. LPL partners with FDIC-insured banks to hold these types of assets, giving you access to this additional layer of security.

Succession Plan

In the event that something unexpected happens, it's important to know that a qualified professional is ready to take over seamlessly.

• One of the benefits of working with a larger group like Symphony Financial is that there is a network of experienced, skilled, reliable advisors available to step in should anything happen.
• Your dedicated Insight Wealth Team, including Juanita, David, Carr, Amber, and Gena, is fully informed and has access to all the necessary details to ensure a smooth transition and uninterrupted service.