J. D. Seibert and Co.

SERVICES

Brokerage Services

You, our clients, are people who prefer to maintain control of the decision-making process of your investments as opposed to those who rely on a full-service investment advisory firm. Whether an active trader, an investor who buys and holds, or an occasional trader, you all have one exception in common: you want – and have every right to expect – professional, reliable brokerage services.

This includes simplicity of opening accounts via email, fax, telephone, and mail; real-time quotes; timely confirmation slips and monthly account statements for active accounts or quarterly statements for inactive accounts; availability of registered brokers; safekeeping services and protection provided by SIPC and additional insurance provided by a group of London Underwriters with Lloyd’s of London as the Lead Underwriter. See Investment Protection & Industry Services for more details. Our reputation for such reliability is one of the most important factors in our success.

By choice, we limit our products to stocks, bonds, mutual funds, self-directed IRAs, SEP IRAs, Simple IRAs, Roth IRAs, qualified retirement plans, college savings plans, 529 plans, options, and treasuries. If you want help with precious metals, commodities, or annuities, we will be happy to refer you to someone who can help you.

Personal Service

In this day of “customer service,” there is a tendency for some businesses to equate a cheerful telephone voice with personal service. At J.D. Seibert & Company, we look at things a little differently. We believe that customer service is based on knowing our customers and accommodating our service to their particular needs.

We are a company that works hard at providing convenience and ease to our customers.This may mean dropping by your home to pick up a security if needed, going to your bank to deposit a check in your account, giving stock quotes whenever desired, or a number of other conveniences.

While big means better to many of our competitors, we don’t think there is any substitute for a relationship based on personal knowledge.There is a reason we have stayed small and it has everything to do with what we mean by personal service.

Investment Protection & Industry Services

Account Protection Coverage

Penson Financial Services, Inc.(“Penson Financial”) is a member of the Securities Investor Protection Corporation (“SIPC“), which protects securities and cash of the customers of its members up to a maximum of $500,000, of which $100,000 may be cash. For additional information, including a brochure, about SIPC coverage, please call (202) 371-8300 or visit www.sipc.org. Penson Financial has purchased an additional insurance policy through a group of London Underwriters (with Lloyd’s of London Syndicates as the Lead Underwriter) to supplement SIPC protection. This additional insurance policy becomes available to customers in the event that SIPC limits are exhausted and provides protection for securities and cash up to an aggregate of $600 million. This is provided to pay amounts in addition to those returned in a SIPC liquidation. This additional insurance policy is limited to a combined return to any customer from a Trustee, SIPC and London Underwriters of $150 million, including cash of up to $2 million. This additional insurance does not protect against a loss in the market value of securities.

SIPC & Additional Insurance FAQ

Q: How are customer accounts protected with additional insurance coverage?

A: Customer accounts are protected in the event that SIPC limits are exhausted. The additional insurance becomes effective after the implementation of SIPC coverage. The coverage is in place to protect the customer in the event of a theft, misplacement, destruction, burglary, embezzlement or abstraction of customer securities. It does not protect the customer from declining changes in market value.

Q: What triggers SIPC coverage

Three things must happen for SIPC coverage to be triggered:

There is a financial failure and a liquidation of the carrying Broker Dealer
Securities/Cash are missing from an account
SIPC pays each client in accordance with their pro-rated share of the loss, up to $500,000 per account (of which $100,000 may be cash)

Q: Are Money Markets held in a brokerage account considered securities and if so, are they protected under this policy?

A: The answer to both of the above questions is yes. Money Market Funds are held in the brokerage account as securities and are considered separate from cash held in an account.

Q: Are assets purchased by customers through J.D. Seibert & Company, but held away, covered under this policy?

A: Assets purchased by brokers of J.D. Seibert & Company, but not held in the brokerage account or held by Penson Financial as the custodian, are not covered by this policy. Examples of this are mutual fund purchases held directly with the fund companies, or annuities held directly with the insurance carrier. For information about the security of these types of assets, please check directly with the carrier.

Although a small company, we offer you big company services:

Fund transfer into a money-market account with check writing privileges, if desired.
Commission saving up to 90% over full-cost firms.
Free dividend reinvestment including fractional shares.
Electronic funds transfer, (ACH).
Householding services on multiple accounts being sent to the same address may be received in one envelope.
FREE MyBrokerageAccount.com – a FREE service that gives you access to your investment account information via the internet.
Valet accounts – This account includes:
- A high yield money market fund.
- Check writing with expense code categorization and payee detail on statement.
- Visa Gold Debit/ATM card with travel rewards.
- Built in margin/credit line against loan value of securities.
- Direct Deposit of payroll or social security benefit payments.
- Optional web bill payment and presentment.
- Exclusive tax-lot cost-basis statement.
- Realized and unrealized gains/losses for each security in the account.
- Account-level dividend reinvestment.
- Year-end summary statement of 1099 income investment, and cash management activity.
- Complimentary pre-tabbed statement binder.
- Valet Account Application Form

Reports & Procedures

All clients want clear, timely reports and flexible procedures. Both are priorities at J.D. Seibert & Company. We have an in-house news service and access to Value Line ratings and reports. In addition, we make every effort to fill special requests for securities related information.

E-Documents

Sign up for E-Documents and get your confirms, statements and 1099s online. E-Documents Quick Reference

No more delayed or lost mail
Easy access to investment- and tax-related documents
Secure storage of historical records
Unlimited, self-service retrieval
Reduced paper and clutter
E-mail alerts of new documents
Download and save to your PC.

Paper Documents

Confirmations

A computer-generated confirmation statement will be sent to you the next business day after a transaction. This report will show price, number of shares bought or sold, and the commission fees incurred by the transaction.

Monthly Statements

A monthly statement is sent which shows any activity in your account for the previous 30 days, including interest and dividends earned, status of your margin cash balance, and end-of-month positions and prices. If an account is determined to be inactive, no monthly statement will be sent. Instead, statements for inactive accounts will be sent on a quarterly basis or for any month in which there is account activity. Since information is cumulative, all the information required by the IRS will be on your December statement.