The operations department is the backbone of any brokerage firm.

A well-run back office allows you to spend more of your efforts on expanding your business. By the same token, a poorly managed back office will inevitably result in lost time and frustration. The staff needs to be thorough, as well as helpful. The common denominator between all well-run back offices can be summed up in one word. Experience.

Newbridge Securities Corporation clears its securities transactions on a fully disclosed basis through Legent Clearing LLC.

Assets held in your Legent Clearing LLC account for investment purposes are protected by SIPC protects your account for up to $500,000 per customer, including up to $100,000 in cash.  Legent 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 loss of market value of securities.