Broker Check

How to Read Your NFS Statement

National Financial Services (NFS), a wholly-owned subsidiary of Fidelity Investments, is one of the largest clearing firms in the U.S. and custodian of all Resource Financial Group's brokerage accounts.

The document below provides basic details about reading your NFS statement.

How to Read Your Statement


More About National Financial Services

A custodian is a financial institution that has legal responsibility for a customer’s securities. Custodianship includes asset management, as well as safekeeping.

Resource Financial Group, like all Wealth Management firms, is required to have a custodian. Investments that you entrust to our firm are placed in custody with Fidelity’s clearing firm, National Financial Services LLC (NFS) — one of the largest clearing providers in the industry. A clearing firm is an organization that works with financial exchanges to handle the confirmation, delivery, and settlement of transactions.

When selecting a financial advisor, it is critical to consider where your investments will be held. This choice will often determine the level of service, support, and protection that you can expect from your financial advisor.

Fidelity enjoys a decades long reputation for integrity and financial management expertise, giving our clients peace of mind that their assets are safely accounted for. As a global leader in the financial services field, Fidelity has a thorough understanding of the products and services we need to help best serve you, and how to deliver them to you in the most efficient and convenient ways.

With Fidelity, we know we are working with providers that will maintain the highest levels of integrity in providing brokerage and custody services — along with privacy protection — for your assets.

For more information, click here to download Fidelity's brochure, "Our Firm and Fidelity. Working Together for You."