Brecek & Young clears through National Financial Services, LLC (NFS), a wholly owned subsidiary of Fidelity. NFS is independent of Brecek & Young and has been retained to provide record keeping and operational services, which may include execution and settlement of securities transactions, custody of securities and cash balances, and extension of credit on margin accounts. NFS offers online access through “Streetscape” with features including order placement, market data planning tools, and online training modules which are free of charge to all our representatives. Through NFS, we are able to provide flexibility in how you charge your clients. You may decide to charge a client a traditional commission on a transaction, or a fee based on the assets in the account. In either case, you have the ability to determine the appropriate charge by transaction or account.
TRADING SERVICES- Execution and clearance provided by NFS
- Electronic client information system (Streetscape)
- Discretionary and Non-Discretionary trading platforms
- Toll free phone number for calling in trades when away from your computer
- Ability to fax trade tickets
- Fixed income trading desk
- Fixed income offerings available daily
- Wire purchases and redemptions of load and no-load mutual funds
- Account Enhancements:
- House holding for statements
- Unlimited insurance coverage provided by NFS ($500,000 SIPC)
- Check writing
- VISA/ATM debit card
- Daily sweep of free credit balances
- Government and tax-exempt money market accounts
- Customer confirmations and statements available online (Streetscape) and mailed daily
