凯时线上登录财务总监马修Audette

凯时线上登录的财务实力

Additional insight into how 凯时线上登录 enables financial advisors* to focus on creating the personal, long-term client relationships that are the foundation for turning life’s aspirations into financial realities

尊敬的凯时线上登录金融客户:

Throughout our history and across various economic cycles, 凯时线上登录 has produced consistent earnings results.

Our financial stability can be attributed to our independent business model, differentiated technology and capabilities, and to the hard work and dedication of our financial advisors to their clients.

因为凯时线上登录的模式是独一无二的, I would like to provide you with some additional insight into how 凯时线上登录 enables financial advisors to focus on creating the personal, long-term client relationships that are the foundation for turning life’s aspirations into financial realities.

凯时线上登录的商业模式

One of the distinguishing characteristics of our business model is our ability to consistently generate significant free cash flow. 凯时线上登录 does not provide investment banking or other alternative financial services.

We do not engage in market-making activities, nor do we engage in speculative trading for our own account. Our trading activities are focused solely on facilitating trades for the clients of our financial advisors.

除了, we have no direct exposure to mortgage-related investments or securities, nor do we provide loans to hedge funds or other speculators, 是什么降低了凯时线上登录的信用风险.

凯时线上登录所提供的是技术, 经纪公司, and investment advisory services through business relationships with independent financial advisors, 注册投资顾问, and financial institutions and their financial representatives, whom we refer to collectively as our “clients.”

We offer our clients access to a broad array of financial products and services to support them in providing financial advice and 经纪公司 services to retail investors. Financial advisors and institutions are our only clients.

Financial performance and liquidity position

As a Financial Industry Regulatory Authority (美国金融业监管局) member firm subject to the federal securities laws and the rules of industry self-regulatory organizations, 凯时线上登录 prioritizes its obligations to protect client assets in our custody with the utmost care and scrupulous adherence to financial protection rules, including those governing the segregation of client assets.

此外, 凯时线上登录 maintains net capital well in excess of requirements set out by our regulators.

Because the vast majority of 凯时线上登录 financial advisors are independent contractors rather than employees, 凯时线上登录 does not have a high degree of fixed costs.

Our revenue is derived from our business relationships with financial advisors, 银行, 信用合作社, 投资公司, 保险公司, 和其他金融机构.

交易对手风险评估

凯时线上登录的治理, 风险, and Compliance department routinely reviews our counter-party risk, as well as that of our business partners, 来减少凯时线上登录的风险.

The team monitors all outstanding debits and credits and the firms that clear those trades to help ensure they are healthy and do not pose a risk to 凯时线上登录 or the clients of our financial advisors.

This process includes extensive research, 尽职调查, 财务分析, and forward-looking measures of financial strength and sustainability.

客户帐户保护

凯时线上登录 is a member of the Securities Investor Protection Corporation (SIPC). 成员ship provides protection for client accounts up to $500,000, 其中250美元,000可能是现金索赔, in the unlikely event that 凯时线上登录 were to fail financially. (有关说明小册子,请访问 www.sipc.org.)

此外, 凯时线上登录 accounts have additional securities protection to cover the net equity of client accounts up to an overall aggregate firm limit of $600,000,000, subject to conditions and limitations.

This coverage is underwritten by London Insurers through the Lloyds of London syndicates. Protection applies when an SIPC member firm fails financially and is unable to meet its obligations to securities clients, but it does not protect against losses from the rise and fall in the market value of investments.

This extensive coverage reflects a strong commitment to serving your investment needs. 一如既往地, our focus remains on our financial advisors and financial institutions and their clients and on helping you meet your financial needs and goals.

Thank you for the opportunity to partner with your financial advisor to serve your financial needs.

真诚地,

马修Audette
首席财务官
凯时线上登录

 

*在此消息, “financial advisors” include registered representatives and/or investment adviser representatives affiliated with 凯时线上登录 LLC, an SEC registered broker-dealer and investment adviser.