Pershing LLC, an affiliate of The Bank of New York Mellon, is a member of FINRA, NYSE, and SIPC. Securities Investor Protection Corporation (SIPC®) protects securities’ clients up to $500,000, including $250,000 for claims for cash. An explanatory brochure available upon request or at SIPC. Pershing provides coverage in excess of SIPC limits through a commercial insurance company. Additional information is available at Pershing.com.

Charles Schwab Asset Protection Guarantee
Schwab will cover losses in any of your Schwab accounts due to unauthorized activity.

Please visit (https://www.schwab.com/schwabsafe/security-guarantee) for more information regarding this protection.

If you lose cash or securities from your account due to unauthorized activity, we'll reimburse you for the cash or shares of securities you lost. We're promising you this protection, which adds to the provisions that already govern your account, if unauthorized activity ever occurs and we determine it was through no fault of your own. Of course, unauthorized activity does not include actions or transactions undertaken by or at the request of you, your investment advisors or family members, or anyone else whom you have allowed access to your account or to your account information for any purpose, such as trading securities, writing checks or making withdrawals or transfers.

The highest levels of security are only possible when we work together. To ensure your protection under this guarantee, it is your responsibility to:

1. Safeguard your account access information.
   Please do not share your account access information, including but not limited to your login ID, password, PIN and transaction codes, with anyone. If you share this information with anyone, we will consider their activities to have been authorized by you.
2. Report any unauthorized transactions to us as quickly as possible.
   If you suspect you are a victim of fraud, please contact us immediately at 888-3-SCHWAB.

If you help us protect you in these basic ways, we’ll promise no fine print and no footnotes… just our commitment to protect the assets you entrust to us.