Client Protection

At Woodway Financial Advisors, we understand that when you invest with us you are entrusting us with your financial future, and we take that responsibility very seriously. We adhere to the strictest industry guidelines and comply with all regulations to ensure your assets are protected.

Because Woodway Financial is chartered under the laws of the State of Texas , we are subject to regulatory oversight by the Texas Department of Banking. We report directly to the State Banking Commissioner and we are examined annually by the Department of Banking.

We also retain the best, most experienced CPA firms to audit our firm. Mohle Adams audits our trust accounts annually, and Briggs & Veselka Co. audits the corporation. In addition, Woodway Financial maintains an ongoing internal audit program to further protect your funds.

Financial Institution Bond

Woodway Financial maintains an Errors & Omissions insurance policy to cover losses sustained as a result of negligence or the breach of fiduciary duty. Our firm and its employees are also bonded to insure against other types of risk as well, including misconduct or any loss occurred during transit.

Custody of Assets

Woodway Financial serves as custodian for the financial assets we hold. To help secure those assets, we provide the following levels of insurance protection:

• Bankers Blanket Bond - $100,000,000
• All Risk Physical Loss of Securities - $100,000,000
• Trust Department Errors and Omissions Liability Insurance - $100,000,000

Security Delivery

Woodway Financial uses the Depository Trust Company (DTC) for movement of securities. DTC offers the most highly regarded, comprehensive system to monitor the movement and custody of securities and provides us the following insurance to protect our clients' assets:

• Blanket Bond/All Risk Policy - $250,000,000
• Transit Coverage - $750,000,000
• Mail Policy - $1,000,000
• Mail Policy for registered securities lost - $25,000,000.
  

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