FINRA Broker-Dealers
First American provides securities processing, settlement and custody through its relationship with Penson Financial Services. By consolidating our customers’ assets and transaction volumes we leverage our size and obtain superior pricing, access and service. Consequently, we are able to pass the resulting savings to our clients.
Embedded in our corporate philosophy, is the fact that we won’t compete with you. First American has no private client services group, brokerage affiliates, or subsidiaries that compete for end clientele. We pride ourselves on being an efficient processing company for our clients, so they may better serve theirs.
Our clients receive the following benefits:
- Significant processing cost savings.
- A full service execution desk.
- Extensive access to various security types across 40 international market centers.
- Numerous counterparty relationships.
- Leading technology.
- Consolidated multi-currency statements in local currencies.