All broker/dealers maintain safekeeping accounts for their clients but almost all investment service firms impose safekeeping account charges such as custodial fees, charges for checks and wires, redemptions, and even mailing charges in some cases. Stoever Glass provides completely free safekeeping. more

 

In addition to the convenience and safety, a Safekeeping Account offers the following advantages:

 

Insurance - There are several layers of insurance protection for your holdings so you don't have to worry about lost or misplaced securities. We are members of SIPC and also have independent insurance on each account up to 20 million.

We use Dreyfus money market funds in combination with our Safekeeping Accounts because of their conservative reputation, very competitive yields and the large variety of money market funds available for our clients.

 

Free Check Writing - You can have free unlimited check writing privileges with your Dreyfus Money Market Account.

 

Consolidated Statements - You receive a monthly statement summarizing all account positions and transactions including all activity in your Dreyfus money market account.

 

Automatic Sweep - Interest and other proceeds can be swept into your choice of Dreyfus money market accounts or if you want we can send them directly to you or your bank in accordance with your instructions.

 

Bond Tracking - You never have to worry about missing a maturity or call date. Stoever Glass does the tracking for you.

 

Free Redemptions - Since 1964 Stoever Glass, has redeemed thousands of bearer and registered bonds for clients.

 

Continuous Supervision - Your Investment Executive is able to monitor your portfolio and provide timely advice tailored to your objectives and needs, for the most effective investment management services in the industry.

 

Protection - These accounts are strictly regulated and monitored by FINRA and the SEC.