Compliance
Custodial
Artifex Financial Group has selected Charles Schwab Advisor Services, Betterment Institutional, and Folio Institutional as the third-party custodians available for holding client assets. This means that when you open an account with our firm, your funds are deposited directly with one or more of these firms as a third-party custodian.
About Charles Schwab Advisor Services (CSAS):
As the successor firm to TD Ameritrade Institutional CSAS is a leading provider of comprehensive brokerage and custody services to over 4,000 fee based, independent, registered investment advisors and their clients. Their advanced technology platform, coupled with personal support from dedicated service teams, allows investment advisors to run their practices more efficiently and effectively while optimizing time with clients.
About Betterment
Advisory services provided by Betterment LLC, an SEC-registered investment adviser. Betterment Everyday Cash Reserve is offered by Betterment LLC.
Brokerage services provided to clients of Betterment LLC by Betterment Securities, an SEC-registered broker-dealer and member of FINRA /SIPC.
Betterment Everyday Checking made available through Betterment Financial LLC. Checking accounts and the Betterment Visa Debit Card provided by and issued by nbkc bank, Overland Park, Kansas, Member FDIC. Neither Betterment LLC nor Betterment Financial LLC, nor any of their affiliates, is a bank.
About Folio Investments
Folio Institutional is a division of FOLIOfn Investments, Inc. Founded in 1999 by Steven M.H. Wallman, a former commissioner of the U.S. Securities and Exchange Commission
(“SEC”), Folio has been a self-clearing broker-dealer and a direct member of The Depository Trust & Clearing Corporation (“DTCC”) since 2001. Today, Folio provides custody and brokerage services for billions of dollars of investor assets, and provide services to thousands of investment advisors.
Folio is a member in good standing of the Financial Industry Regulatory Authority (“FINRA”), an SEC approved Self Regulatory Organization, and is subject to oversight by both the SEC and FINRA. As a clearing broker-dealer, Folio is subject to an annual financial audit performed by FINRA. Folio is also subject to oversight by various state securities agencies.
Custodial Accounts are protected up to $500,000 by the Securities Investor Protection Corporation (SIPC).
TD Ameritrade, Inc., Betterment Inc, and Folio Investments are both members of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash).
To learn more about the SIPC, go to: www.sipc.org
Folio Institutional, Betterment, and Charles Schwab Advisor Services are independent companies, unaffiliated with Artifex Financial Group. TD Ameritrade Institutional, Betterment, and Folio Institutional are service providers to Artifex Financial Group.
There is no form of legal partnership, agency affiliation or similar relationship between your financial advisor and the custodians, nor is such a relationship created or implied by the information herein.
CFP® Board of Standards
The mission of the Certified Financial Planner Board of Standards (CFP Board) is to help people benefit from competent, professional and ethical financial planning.
A Certified Financial Planner is required to act in an ethical and professionally responsible manner—and to adhere to the CFP Code of Ethics, which includes the following:
Principle 1. Integrity — shall offer and provide professional services with integrity.
Principle 2. Objectivity — shall be objective in providing professional services to clients.
Principle 3. Competence — shall provide services to clients competently and maintain the necessary knowledge and skill to continue to do so in those areas in which the CFP Board designee is engaged.
Principle 4. Fairness — shall perform professional services in a manner that is fair and reasonable to clients, principals, partners and employers, and shall disclose conflict(s) of interest in providing such services.
Principle 5. Confidentiality — shall not disclose any confidential client information without the specific consent of the client unless in response to proper legal process, to defend against charges of wrongdoing by the CFP Board designee or in connection with a civil dispute between the CFP Board designee and client.
Principle 6. Professionalism — conduct in all matters shall reflect credit upon the profession.
Principle 7. Diligence — shall act diligently in providing professional services.
THE CFP BOARD
To learn more about the Certified Financial Board of Standards, go to: www.cfp.net
To download the CFP Board’s Code of Ethics and Professional Responsibility, go to: www.cfp.net/certificants/conduct.asp