Asset protection

The security of our clients’ money is of utmost importance to us here at Brighton Capital Management.

As a boutique firm we have the flexibility and the dynamism to offer our clients an unparalleled wealth management service.

But we also understand that it is vital to protect our clients’ investments. That is why we have partnered with Raymond James Investment Services who appoint Pershing Securities Limited (PSL), to ensure the accounts of all our investors are safeguarded appropriately.

Raymond James is responsible for administering your accounts while PSL acts as custodian for your investments.

PSL is part of the Bank of New York Mellon Corporation, one of the world’s strongest financial institutions with many trillions in client assets under custody and/or administration.

The investments of Brighton Capital Management’s clients will be held in trust in accounts which are kept separate and ring-fenced from PSL’s own corporate assets: this is in line with the client asset rules laid down by the UK’s financial watchdog, the Financial Conduct Authority (FCA).

This means that, in the unlikely event of default by PSL, your investments would be allocated to you as the beneficial owner.

The FCA also requires PSL to perform regular checks to verify that investor assets held in trust are accurately recorded.

In the unlikely event that PSL had failed to properly apply the FCA’s client asset rules and had also defaulted on its obligations, eligible investors would be able to make a claim to the Financial Services Compensation Scheme (FSCS) for any assets lost by PSL. The FSCS provides cover up to £85,000 per eligible claimant for investments.

PSL also has additional insurance policies in force to protect against financial loss caused by events such as forgery, fraud and computer crime.

Pershing Securities Limited is a member of the London Stock Exchange and is authorised and regulated by the Financial Conduct Authority.