In order to provide our clients with top quality clearance services and trade execution at a competitive price, Centaurus maintains a clearing agreement with Pershing LLC, a subsidiary of The Bank of New York Mellon Corporation.

Since 1939, Pershing has provided comprehensive execution, clearance, data processing, and financial products and services to broker/dealers worldwide. Pershing is a leading global provider of clearing and financial services outsourcing solutions to more than 1,100 institutional and retail financial organizations and independent investment advisors who collectively represent over 6 million individual investors. Pershing is a member of every major U.S. securities exchange and its international affiliates are members of the Frankfurt, Irish, and London Stock Exchanges.

The Bank of New York Mellon Corporation has branches and offices located in 37 countries and offer the support of over 40,000 professionals worldwide. Today, Pershing has assets of $12.4 billion and equity capital of $1.75 billion. The Bank of New York Mellon Corporation is a leading global provider of securities servicing with more than $20 trillion in assets under custody and administration. Pershing also holds clients assets in custody worth over $944 billion.

General securities transactions executed with Centaurus Financial, Inc. are cleared through Pershing LLC, a BNY Securities Group Company and subsidiary of The Bank of New York, member FINRA and SIPC. Accounts are protected for the net equity of securities positions and cash in the account. Of that total, the Securities Investor Protection Corporation (SIPC) provides $500,000 of net equity protection, including $100,000 for claims for cash awaiting reinvestment (SIPC protection). Pershing provides the additional protection (Excess SIPC) on terms similar to SIPC for account net equity in excess of $500,000 through a commercial insurer.