National Financial Services LLC provides brokerage services. The Company offers clearing and custody, tax reporting, credit management, financial planning, and advisory services. National Financial Services serves customers in the United States.
Just so, is National Financial Services LLC the same as Fidelity?
National Financial Services LLC (the “Company”), a single member limited liability company, is wholly- owned by Fidelity Global Brokerage Group, Inc. … The Company provides clearing and other services for an affiliated broker-dealer, Fidelity Brokerage Services LLC (“FBS”).
Accordingly, who clears through National Financial Services LLC?
Fidelity Clearing & Custody Solutions® provides clearing, custody, or other brokerage services through National Financial Services LLC or Fidelity Brokerage Services LLC, members NYSE, SIPC.
Is NFS the same as Fidelity?
National Financial Services (NFS), a wholly-owned subsidiary of Fidelity Investments, is one of the largest clearing firms in the U.S. and custodian of all Resource Financial Group’s brokerage accounts.
Is National Financial Services owned by Fidelity?
Established in 1983, National Financial Services LLC, a Fidelity Investments company, is one of the largest providers of brokerage services.
Who is Fidelity’s custodian?
As with all Registered Investment Advisors, Madden Funds Management (Madden) is required to have a third-party custodian. Investments that you entrust to our firm to manage are placed in custody with Fidelity’s clearing firm, National Financial Services LLC (NFS)—one of the largest clearing providers in the industry.
Who clears through Pershing?
Pershing LLC is a subsidiary of BNY Mellon. It (and its affiliates) serves as the clearing firm for hundreds of broker-dealers around the world.
What is Fidelity’s address?
Overnight/certified mail
| Deposits intended for | Use mailing address |
|---|---|
| Brokerage and mutual fund accounts (including HSAs) | Fidelity Investments 100 Crosby Parkway, KC1H Covington, KY 41015 |
| All other accounts | Use same as U.S. mail address |
What is an NFS statement?
Statement of Financial Condition (SOFC)
Under the Securities and Exchange Act of 1934, on a semiannual basis, NFS is required to provide information regarding its financial standing.
Who is Fidelity’s Clearing House?
National Financial Services LLC
What is NFS in finance?
NFS Statement of Financial Condition.
What companies use Pershing?
Pershing affiliates include Albridge Solutions, Inc. and Lockwood Advisors, Inc., an investment adviser registered in the United States under the Investment Advisers Act of 1940.
Is Pershing a custodian?
As custodian, we remain committed to the safekeeping, segregation and reporting of our global client assets. … We embrace this responsibility as it ensures that our interests will always be aligned with our clients’ interests.
What are brokerage services?
Brokerage services means any services that either involve the negotiation of contracts for, and the execution of, the purchase and sale of securities or otherwise relate to the securities brokerage business.