Working With Us

How Your Assets are Safeguarded

Bouchard Wealth Advisors is a team of experienced financial professionals. Through our affiliation with NewEdge Securities, Inc., a registered broker dealer, member FINRA/ SIPC* and NewEdge Advisors, LLC, a registered investment advisor, our financial professionals provide investment advice and portfolio management to high net worth investors.

NewEdge uses National Financial Services (NFS), for its brokerage clearing and custody services. The safety of investors’ account assets is one of the most important services we can provide. Securities in accounts carried by National Financial Services LLC (“NFS”), a Fidelity Investments company, are protected in accordance with the Securities Investor Protection Corporation (“SIPC”) up to $500,000. The $500,000 total amount of SIPC protection is inclusive of up to $250,000 protection for claims for cash, subject to periodic adjustments for inflation in accordance with terms of the SIPC statute and approval by SIPC’s Board of Directors.

NFS also has arranged for additional protection for cash and covered securities called “excess of SIPC” coverage, from Lloyd’s of London together with other insurers.* This additional protection would only be used when SIPC coverage is exhausted. Total aggregate excess of SIPC coverage available through NFS’s excess of SIPC policy is $1 billion. Within NFS’s excess of SIPC coverage, there is no per account dollar limit of coverage of securities, but there is a per account limit of $1.9 million on coverage of cash awaiting investment.

This is the maximum excess of SIPC protection currently available in the brokerage industry. Neither coverage protects against a decline in the market value of securities, nor do they cover other claims for losses incurred while broker-dealers remain in business. Certain securities are not eligible for SIPC or excess of SIPC coverage.**

For more details on SIPC, or to request an SIPC brochure, visit

* Fidelity’s excess of SIPC insurance is provided by Lloyd’s of London together with Axis Specialty Europe Ltd. and Munich Reinsurance Co.

** Among the assets not typically eligible for SIPC or excess of SIPC protection are commodity futures contracts, currency, and precious metals, as well as investment contracts (such as limited partnerships) and fixed annuity contracts that are not registered with the U.S. Securities and Exchange Commission under the Securities Act of 1933.