ABOUT COR CLEARING, LLC.
Fordham Financial Management, Inc.’s commitment to providing the highest quality service to our clients has been well served by a fully-disclosed clearing agreement with COR Clearing. (click here to visit the COR Clearing Website).
Fordham Financial Management, Inc.’s strategic business alliance with COR Clearing, LLC affords us the benefits of a firm whose management team has significant experience and expertise in the financial services industry.
COR Clearing provides high-quality brokerage clearance services to over 75 securities firms throughout the United States, and is a member of FINRA, MSRB, SIPC, NYSE, NASDAQ, and many other major exchanges. COR’s headquarters and primary operations center in Omaha, Nebraska is staffed by professionals with extensive knowledge of brokerage processing. COR offers unparalleled products, services, technology and operations support. Our relationship with COR Clearing provides us the opportunity to offer you, our client, both value-added traditional and unique innovative financial services.
COR Clearing’s state-of-the-art tools open the doors to major financial markets around the world. Through secure and sophisticated networking between Fordham Financial and COR Clearing, our brokers provide our clients with instant access to securities quotes, top news, and up-to-the-minute information on their investments. Constantly updated information, the latest news, and stock data are accessible right on your Account Executive’s desktop as well as online research and investment strategy reports from the nation’s most respected sources. Additionally, our clients enjoy internet access to their accounts 24 hours a day, 365 days a year.
COR Clearing properly documents and clears all transactions, including collection and payment of dividends and interest, processing corporate reorganizations, trade confirmation, monthly or quarterly statements, custody of assets, and annual tax-reporting summaries.
COR Clearing is a member of the Securities Investor Protection Corporation (SIPC), which provides coverage for accounts up to $500,000 (including up to $100,000 in cash) per client as defined by SIPC rules. COR Clearing’s policy through Lloyd’s of London provides additional account coverage up to $24.5 million (including up to $900,000 in cash) per client as defined by SIPC rules. With both SIPC and Lloyd’s of London coverage, accounts are protected up to a total of $25 million per client (as defined by SIPC rules) including up to $1 million for cash balances.
This coverage does not protect against losses from any change in the market values of investments.