Aufhauser Securities, Inc Member: FINRA, SIPC. Both Aufhauser and Pershing are members of SIPC. Pershing, in addition to the basic SIPC coverage, has secured what is called "excess SIPC" coverage; and of course, in addition, your assets are secured by Pershing's own balance sheet.
Aufhauser Securities Inc. is an introducing broker which clears all trades on a fully disclosed basis through Pershing LLC, an indirect, wholly-owned subsidiary of Bank of New York
Mellon - (NYSE BK).
At Aufhauser Securities Inc. the safety of your assets has always been our utmost concern. That is why we have chosen to engage Pershing LLC as our clearing broker. Pershing LLC is "An Indirect Wholly Owned Subsidiary of The Bank of New York Mellon Corporation". Pershing is the custodian of all your assets; Pershing executes or arranges for all of our trades.
All asets are held in our clients' own names with Pershing LLC. Aufhauser never accepts checks, monies or securities from customers.
See more information about Pershing LLC: Pershing's "Strength and Stability" page.