Clearing & Custody Services
Combining cutting-edge technology with personal service.
Smith, Moore & Co. is pleased to offer clearing and custody services to other broker dealers looking for first class services and customized systems.
We are one of approximately 100 firms in the nation able to provide clearing services for other broker/dealers. Smith Moore provides the ultimate customer support system; all the tools you need to manage your investment strategies and build strong financial portfolios.
- Block Trading / Client Billing / Performance Reporting
- Post and reconcile dividends and interest
- Reorganization processing
- Margin Account processing
- Exercise/Assign options and warrants
- Submit, compare and settle street and customer trades
- Pricing of Securities within the back office system
- All DTC/NSCC deposits, processing costs and interfaces
- ACAT processing
- Physical security processing
- Legal security and account processing
- IRA accounts will be held by Smith, Moore & Co.; no third party processing
- Mutual Fund processing
- Regulatory reporting for OATS, MSRB and TRACE assuming the orders are entered on the system
- Cash receipts and disbursements
- Same day money market sweep processing, check writing, debit and credit card program
- Tax Reporting fully integrated with Wall Street Concepts for Income Reallocation, OID, REMIC, and TEFRA for 1099 reporting purposes
- Generate and mail customer statements and confirmations
Reliable operational support is critical to success in today's investment arena. Smith Moore works closely with correspondents to understand their unique requirements and provide solutions tailored to meet their needs. Larger clearing firms are typically not capable of this kind of flexibility or personal and customized service.
- Flexible minimums
- Capable and cost-effective operations services tailored to meet your needs
- Thorough training program
- Access to state-of-the-art systems
- Integrates with your existing technology tools
- Qualified operations staff with an average of 21 years experience
Advisor Connect & eAdvisor Connect
Advisor Connect represents everything financial advisors want in an information system; power, speed, reliability, simplicity. The Windows-based format makes it simple to access reliable client and security information, as well as order entry and firm inventory offerings. Now staying on top of a client’s business is easier than you ever thought possible. Customized financial planning and reports can be generated with the click of the mouse.
eConnect
Offer your brokerage services to clients online with our secure client-only web access.
- Customized reporting
- Online trading
- Real-time quotes
- Market updates
- Customized screens, branded to your company
- Works in conjunction with Advisor Connect
- View demo
For more information, please complete our Correspondent Services Questionnaire or contact us:
Rick Effer, Director of Correspondent Sales
Phone: (314) 446-1661 or (800) 264-0966
Email Rick
Donna Frederick, Supervisor of Correspondent Services
Phone: (314) 446-1680 or (800) 264-0426
Email Donna
