FAQ's

Why are there multiple entities involved and what roles do they play?

The large investment houses have all services under one roof and the client is unaware of the discreet business and regulatory functions that are involved in managing their accounts. Independent practitioners utilize several entities to fulfill the required functions, with the goal of providing a seamless experience for the client. The entities in our business are:

OnTrack Capital: The investment advisor reps, responsible for understanding your financial objectives and risk tolerance, developing a strategy to achieve those objectives and executing the plan.

Thurston Springer: The broker-dealer, responsible for ensuring compliance with the SEC and managing regulatory relationships. They also provide a full range of “back office” functions so that OnTrack can focus on managing accounts effectively.

RBC Correspondent Services: The clearing agent, providing custodial services for your assets, documenting and verifying all transactions and ensuring that assets are safe and secure.

Securities Investor Protection Corporation: SIPC is an important part of the overall system of investor protection in the United States. 

 

RBC Fact Sheet

RBC FAQ

RBC Intro

http://ThurstonSpringer.com/

http://www.sipc.org/

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Check the background of this financial professional on FINRA's BrokerCheck