General securities transactions executed with Emerson Equity LLC are cleared through Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation, member FINRA and SIPC. Accounts are protected within certain limits for the net equity of securities positions and cash in the account. Or that total, the Securities Investor Protection Corporation (SIPC) provides $500,000 of net equity protection, including $100,000 for claims for cash awaiting reinvestment (SIPC protection). Visit www.sipc.org for more information about SIPC.

Pershing provides additional coverage through a commercial insurer on terms similar to SIPC for account net equity in excess of $500,000 , up to an overall aggregate level of $1 billion, of which $1.9 million may cover cash awaiting reinvestment at the individual account level. Account protection applies when a SIPC member firm fails financially and is unable to meet obligations to securities clients; it does not protect against loss due to market fluctuations.