Clearing Relationship

The resources and services provided by a Broker-Dealer’s clearing firm contribute significantly to the overall experience the client will have. The clearing firm provides the platform on which a firm does business, by serving as the custodian for all client accounts, executing trades, generating statements and confirmations, and providing account maintenance, as well as performing numerous other functions. Having the freedom to choose a clearing firm was one of the driving factors behind the decision of The Kelt Group, LLC (TKG) to become an independent Registered Broker-Dealer. In order to optimize our clients’ investment experience, TKG chose a clearing partnership with National Financial Services, LLC (NFS).

NFS, a Fidelity Investments company, serves more than 350 clients, ranging from retail Broker-Dealers to institutional investment firms. As of March 2006, NFS maintained custody of more than $575 billion in assets, representing approximately 5.2 million customer accounts. The management of TKG concluded that establishing a relationship with NFS, a subsidiary of one of world’s largest and most highly-regarded financial services companies, would greatly benefit TKG clients.

By partnering with NFS, TKG provides clients with the personal attention and hands-on money management of a small boutique firm, while also offering the sophisticated and comprehensive tools investors would expect from a large retail brokerage firm.

To learn more about National Financial, please visit them at www.nationalfinancial.com

 Strategic Partnerships