Broker Check

Our Corporate Alliances

Woodbury Financial Services, Inc.

Integrity and independence are at the center of not just our culture and values, but those of our broker/dealer Woodbury Financial Services, Inc. To ensure Sapphire Wealth clients are served best, Woodbury is uniquely structured to provide us with dedicated support, exceptional service, and innovative solutions. In 2012, it was no surprise to us that one of our nation’s most accomplished broker/dealer networks, Advisor Group acquired Woodbury.

Advisor Group’s network of broker/dealers is comprised of over 6,000 registered advisors with over $146.7 billion in assets under management. Their industry leading technology integrates all of their online resources into one cohesive portal.

Pershing, LLC.

Pershing has over $1 trillion* in global assets and has been recognized throughout the industry as one of the leading independent custodians of assets.

Additionally, understanding the Protection of Assets is one of the utmost concerns for Pershing. They are a member of SIPC, which protects securities of its clients up to $500,000 (including $250,000 for claims for cash.) In addition to SIPC protection, Pershing provides coverage in excess of SIPC limits for certain underwriters in Lloyd’s** insurance market. The excess SIPC insurance program provides protection for client assets:

  • An aggregate loss limit of $1 billion for eligible securities – over all client accounts.
  • A per-client loss limit of $1.9 billion for cash awaiting reinvestment – within the aggregate loss limit of $1 billion.

*As of December 31, 2013

**Lloyd’s currently holds a A+ rating from Fitch Ratings and Standard & Poor’s, and an A rating from A.M. Best. These ratings are based on the financial strength of the company and are subject to change by the rating agencies at any time.

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