Long Wharf Investors, Inc. does not take possession of client assets. Instead, client accounts are established with either of two large national brokerage companies. Our custodians use the most advanced trading systems for faster transactions, and we have negotiated some of the lowest commission rates for trades available in the industry.
This arrangement boasts two key advantages: robust client account management and, as a result, the freedom to advise our clients as effectively and impartially as possible.
Accounts maintained by Fidelity and Schwab are protected by the Securities Investor Protector Corporation (SIPC) and both custodians supplement SIPC protection with additional insurance coverage. Long Wharf clients receive monthly account statements directly from Fidelity and/or Schwab; this direct relationship ensures a greater level of account transparency and asset security for our clients.
Both custodial agents offer Long Wharf clients a full complement of account administrative services, such as account setup and modifications, asset transfers, and cashiering transactions. Because this administrative staff is employed and managed by the custodial firms, Long Wharf is free to focus on investment research and the management of your portfolio. Plus, through this arrangement, we have access to all major national and regional stock exchanges, internal fixed income crossing networks, and the fixed income inventories of many brokers/dealers.