Important Notices

SEC Rule 606 requires broker-dealers to disclose their practices for routing customer orders in equity and option securities. XML BD is an introducing broker-dealer routing all equity and option orders to our primary custodian and clearing firm, First Clearing, a trade name used by Wells Fargo Clearing Services, LLC, Member SIPC, a registered broker dealer and non-bank affiliate of Wells Fargo & Company (“WFCS”).  You may access WFCS’ quarterly “Order Routing Report ”via this web web link (Public Disclosure – SEC Rule 606 Reports). With the exception of our clearing broker/introducing broker relationship, we have no material relationships with any of the venues referenced in WFCS’ 606 reports. We do not receive payment for order flow. To receive these quarterly reports free of charge please submit your request to info@xmlfg.com.

XML BD is also registered with the Municipal Securities Rulemaking Board (“MSRB”). The website address for the MSRB is www.msrb.org which includes access to the MSRB Rule Book and an investor brochure that describes the protections that may be provided by the MSRB rules and how to file a complaint with an appropriate regulatory authority. Access to www.msrb.org and the FINRA Manual is available at our branch locations.

The products, services, information and materials contained within these web pages may not be available or applicable to residents of certain jurisdictions. Please consult the sales restrictions relating to the products or services in question for further information. XML BD and individuals acting in the capacity as either a broker agent or insurance agent may only transact business with a U.S. state resident after license or satisfying the qualification requirements of that state, or if they are excluded or exempted from the state’s requirements, as the case may be. Refer to FINRA’s broker check to view states the firm and individuals are registered with.

If you are considering the use of options please read through the Characteristics and Risks of Standardized Options and Supplements. This is written and published by The Options Clearing Corporation. This booklet explains the purposes and risks of options transactions and is provided to an investor prior to buying or selling options contracts. The Options Industry Council is an industry resource that provides trustworthy education regarding the benefits and risks of exchange-traded options.

You should receive at least quarterly statements directly from the custodian that holds and maintains your investment assets. We encourage clients to carefully review such statements and compare such official custodial records to any report that we provide which consolidates assets or accounts, which we refer to as “consolidated reports” or is viewed via a third party software, such as within the XML Vault or Wealth Portal.  Statement formatting from different custodians typically varies based on their accounting procedures, reporting dates, or valuation methodologies of certain securities. Reports consolidating accounts are use primarily for planning purposes and estimates, and are not intended to be a replacement for custodial account statements. Please read this Consolidated Reports Disclosure when reviewing reports provided by us.