Our Commitment to Excellence
In-depth research, seasoned industry professionals, and dedication to personal attention are what we offer. Your satisfaction in our performance is what we strive to achieve.

All of your security positions along with all of the funds in your Securities & Investment Planning Company account are held by Jefferies & Company, Inc. (Jefferies), our clearing agent. Jefferies & Company, Inc. (Jefferies) operates from more than 25 offices in six countries spanning three continents, Jefferies is headquartered in Manhattan and has been providing superior execution and clearing for Wall Street for nearly 45 years. Jefferies & Company, Inc. is the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), a publicly traded holding company with an equity market capitalization of over $4 billion (04/07/06, fully diluted) and revenues of nearly $1.5 billion in 2005. We are proud to be the newest member of the firm Forbes Magazine named as one of the 2005 Platinum 400 America's Best Big Companies. Jefferies is a member of the NYSE, FINRA and SIPC (Securities Investor Protection Corporation) and provides up to $25,000,000.00 of protection for each customer account ($500,000 in SIPC coverage with an additional $24,500,000 from private insurance) SIPC protects each customers accounts up to $500,000 and is limited to $100,000 on claims for cash.

Securities & Investment Planning Company, in conjunction with our clearing agent, has particular qualifications for opening an account.

Examples of key minimums and qualifications we require clients to meet are listed below.

• A minimum $100,000.00 deposit is required by Securities & Investment Planning Company to open and maintain an account.
• You must be 21 years of age to open an account.
• Securities & Investment Planning Company can only accept accounts from residents and resident aliens of the United States.

Under the new Anti- Money Laundering USA Patriot Act of 2001 and NASD Rule 3011 you are required to supply proof of identification. Please see Open an Account for more details.

Additional qualifications apply when opening an account with Securities & Investment Planning Company, including but not limited to: investment experience, type of account registration and classification, and net worth exclusive of residence, all of which will be reviewed per account application.

Securities & Investment Planning Company is a member of SIPC. As a member of SIPC, Securities in your account are protected up to $500,000. For details, please see www.sipc.org. A second level of coverage, which covers securities over the SIPC limitation with a value up to $25 million for each SIPC eligible account (with an aggregate of $100 million), is provided by Lloyds of London. The intent of this coverage is to protect customers securities that might not be returned in a SIPC liquidation proceeding as governed by federal law.