FAQ

How do I fund my account?

Your account can be funded in several ways as noted below:
By check
By incoming Fed wire
Account Transfer

Unacceptable Deposits:
Coin or currency
Foreign instruments
Money orders
Domestic drafts
Checks that have been double endorsed (checks with more than one signature on the back)
Checks from minors
Stale-dated checks (over three-months old)
Post dated checks
Any checks from federal, state or local government entities
Travelers checks
Credit-card checks
Cashier’s Checks

Who do I make checks payable to?

All checks should be made payable to our clearing firm First Southwest.

How do you protect my personal info?

The USA Patriot Act requires that we receive detailed information from you when you open an account with us. This information confirms your identity and helps in the fight against funding terrorism and money laundering.

The process is simple. We will ask for the following information:

your name
birthdate
current address
a government-issued identification number
driver’s license

Partnerships, corporations, estates, trusts, and other types of organizations may be required to provide additional verifiable documents. Damages, missed opportunities, losses, and even the closing of your account can occur if you fail to provide the appropriate information, and First Standard Financial will not be held responsible for these.

If you are interested in learning more about the CIP, please visit the U.S. Securities and Exchange Commission website for more details.

At First Standard Financial, we take every precaution to keep your information private and safe. We want you to trust your registered representative when making a decision involving a wide variety of products and financial services we offer. Maintaining your trust is our number one goal, so please take a few minutes and read our privacy notice.

Some important information about “cookies:”

They cannot access information in the memory of your computer.
They only store information about where you go on our website.
You can set your browser, so your visits will not be stored.
They can be blocked, but this may affect how well some website features work.

See Our Privacy Policy

Why do you need my personal info?

Patriot Act


Overview and Purpose
The Patriot Act (the “Act”) was a response by the United States Government to the attacks of terrorists on September 11, 2001. The objective of the Act is to help prevent the United States financial system and markets from being used to fund terrorism and other criminal activities by, among other things, requiring that broker dealers of securities and financial institutions take certain measures and actions in furtherance of national efforts to detect suspicious transactions and money laundering activities by their clients. Money laundering is one or more steps taken to disguise or hide money illegally obtained or used in carrying out other illegal activities to create the appearance that those monies were obtained or used, directly or indirectly, from law abiding persons, legal sources and legally permitted activities. The use of money laundering is not confined to terrorists, but rather includes a wide array of criminal activity, including such things as the sale of illegal arms and other black market transactions, illicit trafficking in narcotics, racketeering and racketeer-influenced conduct, robbery and fraud.

The Need to Obtain Clients’ Personal Information
It is important for clients to understand that the Act and regulations promulgated pursuant to it also requires broker-dealers and financial institutions to obtain and verify the correctness of their clients’ personal information, including i) actual identities (proved by such things as taxpayer identification numbers, social security numbers or (in other countries) similar documentation, and motor vehicle operator licenses, ii) the source of funds deposited into client accounts, and iii) how clients obtained their wealth.

First Standard Financial appreciates the cooperation and assistance of its clients in carrying out its legal obligations under the Act and the fight against terrorism, criminal enterprises and money laundering activities.