Safeguarding Your Assets

At BWFA, the security of your financial assets is our top priority. Charles Schwab—one of the nation’s most trusted financial institutions—provides custody and protection for client accounts. Schwab brings decades of experience, financial strength, and a deep commitment to safeguarding investor assets.

With over $7.8 trillion in client assets and a disciplined, conservative approach to risk management, Schwab is recognized for its long-standing reputation of safety and transparency. Clients benefit from robust layers of protection, including:

Regulatory Oversight & Insurance

Client brokerage assets are protected under the SEC’s Customer Protection Rule and insured by the Securities Investor Protection Corporation (SIPC), with additional coverage through Schwab’s Excess SIPC policy—offering protection of up to $150 million per account.

Advanced Security & Fraud Monitoring

Schwab employs sophisticated encryption, real-time monitoring, and a dedicated security team to detect and prevent suspicious activity—working in tandem with law enforcement and regulatory agencies.

Client Privacy

Schwab does not sell personal information. Data is only shared with trusted service providers to support client accounts and meet legal obligations, all under strict confidentiality standards.

Secure Banking Solutions

Cash balances held at Schwab-affiliated banks are insured by the FDIC up to $250,000 per depositor, per bank, with options for extended FDIC coverage up to $500,000 through their Bank Sweep program.

Trustworthy Custody Services

Schwab acts solely as custodian—not as an asset manager or investment bank—ensuring that your investments remain fully separated from Schwab’s own business operations.

We believe this empowers us to offer clients not only personalized financial advice but also peace of mind, knowing their assets are held with a secure and reputable custodian.