We are not provide these protections as they are offered by our custodians -- please revise to the following to remain consistent with the required bank language : We are a Registered Investment Adviser regulated by the SEC and held to a fiduciary standard that requires us to act in your best interest at all times.
Cash deposits are held through our partner bank and benefit from FDIC insurance coverage. Evergreen Wealth Corporation is a financial technology company, not a bank. Banking services are provided by Coastal Community Bank, Member FDIC. Deposits are FDIC-insured up to $250,000 per depositor through pass-through insurance at Coastal Community Bank, if certain conditions are met. FDIC insurance only covers the failure of an FDIC-insured bank.
Investment accounts are custodied with third-party broker-dealers, where securities are protected by SIPC coverage (up to $500,000, including $250,000 for cash). Please note, SIPC protection applies only in the event of a custodian failure and does not protect against declines in market value.Your information is safeguarded in a private data vault with biometric login and passkey-only access, supported by our team’s extensive experience in data protection and cybersecurity.