Securities held in the name of a broker instead of a customer’s name are said to be carried in “street name.” This occurs when the securities have been bought on margin or when the customer wishes the security to be held by the broker.
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Securities held in the name of a broker instead of a customer’s name are said to be carried in “street name.” This occurs when the securities have been bought on margin or when the customer wishes the security to be held by the broker.
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S. Harris Financial Group, LLC ("SHFG") is a Registered Investment Advisor ("RIA"), located in the State of Texas. SHFG provides investment advisory and related services for clients nationally. SHFG will maintain all applicable registration and licenses as required by the various states in which SHFG conducts business, as applicable. SHFG renders individualized responses to persons in a particular state only after complying with all regulatory requirements, or pursuant to an applicable state exemption or exclusion.