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Where is my money stored? What is Apex?

Last Updated: Dec 03, 2016 04:32AM UTC

When you, as a customer, open an account, John Hancock Personal Financial Services, LLC. serves as your Registered Investment Advisor. We have partnered with Apex Clearing Corporation (“Apex”) to provide custody, trading and clearing processes. In other words- John Hancock’s expertise is used to help provide financial guidance, while your money is securely held in custody by Apex. Your money is insured up to $250,000 per account by SIPC.

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