General Information:
J. Alden Associates, Inc. is an independent securities broker-dealer founded
upon the principal of providing clients with the highest quality
investments and financial advice. J. Alden Associates, Inc. has
a correspondent relationship with Raymond James & Associates which acts as our
clearing firm.
Our independence from large brokerage firms allows unbiased recommendations and the use of all
products to help our clients achieve their financial goals. Towards that aim,
our financial advisors- most of whom have at least 20 years of experience and advanced professional
designations- utilize institutional level
research from a variety of sources. In addition, we
have close working relationships with other highly regarded specialists in the
accounting, law, and financial services industry.
Our clearing firm, Raymond James & Associates, carries all of our accounts. This means that
Raymond James & Associates
holds all securities, generates statements, performs centralized cashiering, bookkeeping and order
execution services. Importantly, we have access to all of
Raymond James & Associates's resources and personnel.
Regular accounts are insured to $5,000,000 ($500,000 from SPIC). Resource
Management Accounts and Business Services
Accounts have full value protection (of course, insurance does not cover potential losses from adverse
market conditions).
Member FINRA/SPIC
The following
information is provided to meet the requirements of SEC rule
11Ac1-6. In order to obtain the best executions, we may route
orders to leading market makers; such as:
Nite, Trimark, Raymond James & Associates or others. We may be remunerated for
this. Details will be provided upon request.
Raymond James has purchased excess SIPC coverage through various syndicates of Lloyd's, a London-based firm. Excess SIPC is fully protected by the Lloyd's trust funds and Lloyd's Central Fund. The additional protection currently provided has an aggregate firm limit of $750 million, including a sub-limit of $1.9 million per customer for cash above basic SIPC for the wrongful abstraction of customer funds.
