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.

Our Chief Operating Officer and Director of Operations have a combined 30 years experience in the brokerage industry.

Newbridge Securities Corporation clears its securities transactions on a fully disclosed basis through National Financial Services LLC (a Fidelity Investments company) and Legent Clearing LLC.

AssetsAssets held in your National Financial Services LLC (“NFS”) account for investment purposes are protected by SIPC up to $500,000 per customer, including up to $100,000 in cash.  NFS has arranged for additional unlimited protection for cash and securities to supplement its SIPC coverage.
 
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.