Disclosures

Glidepath Securities LLC

Glidepath Securities LLC (formerly Pod Securities LLC) is a broker-dealer registered with the SEC and a member of FINRA and SIPC, CRD #337460, located at 14200 NW 42nd Avenue, Opa-locka, Florida 33054.

Services

Glidepath Securities offers self-directed brokerage accounts through this platform. Customers buy and sell exchange-listed U.S. equities in a cash account, on their own initiative. Glidepath Securities does not provide investment advice or recommendations, does not exercise discretion over accounts, and does not extend margin.

Clearing arrangement

Glidepath Securities introduces customer accounts on a fully disclosed basis to Alpaca Securities LLC, member FINRA/SIPC, 12 E 49th Street, Fl. 11, New York, NY 10017. Alpaca executes and clears transactions, carries customer accounts, holds customer cash and securities, and provides trade confirmations and account statements, which show that the account was introduced by Glidepath Securities.

Glidepath Securities is responsible for opening and approving accounts, verifying customer identity, and supervising account activity. Customers sign a customer agreement with Glidepath Securities and a separate customer agreement with Alpaca.

Affiliate relationship

The technology for this platform is provided to Glidepath Securities by Glidepath Fund GP Services LLC (formerly Craft Fund GP Services LLC) under a services agreement. Glidepath Fund GP Services is affiliated with Glidepath Securities through common ownership and is not a registered broker-dealer.

SIPC

Glidepath Securities LLC and Alpaca Securities LLC are each a Member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). An explanatory brochure is available upon request or at www.sipc.org. SIPC coverage applies only to assets held in accounts at Alpaca and does not protect against declines in market value.

FINRA BrokerCheck

Background on Glidepath Securities and its registered personnel is available on FINRA BrokerCheck, or by calling the FINRA BrokerCheck Hotline at (800) 289-9999.

Account transfers (ACATS)

Call (646) 522-6175 during business hours, or write to Glidepath Securities LLC, 14200 NW 42nd Avenue, Opa-locka, Florida 33054.

What is ACATS?: The Automated Customer Account Transfer Service is the system brokerage firms use to move customer accounts from one firm to another. Transfers into and out of Glidepath Securities accounts are processed through ACATS by our clearing firm, Alpaca Securities LLC.
How do I transfer an account to Glidepath Securities?: Open your Glidepath Securities account first, then contact us to start the transfer. You will need the name of the firm you are transferring from, your account number there, and a recent statement. The name, account type and taxpayer identification number on both accounts must match. You can transfer the whole account or selected positions.
How long does a transfer take?: Under FINRA Rule 11870, the firm you are leaving must validate a transfer request within one business day and complete the transfer within three business days after validation. Requests with details that do not match take longer to resolve.
Can every asset be transferred?: Accounts hold exchange-listed U.S. equities in a cash account. Options, penny stocks and other securities we do not support cannot be transferred in and should be sold or moved elsewhere first. The firm you are leaving may sell fractional shares rather than transfer them.
How do I transfer my account out of Glidepath Securities?: Start the transfer with the firm you are moving to; it will request the transfer from us through ACATS. Do not close your account with us first. Open orders are cancelled when the transfer begins.
Are there fees?: Contact us before you start a transfer to confirm any fee that applies. The firm you are leaving may also charge its own transfer fee.