How does Whale safeguard my money?

Whale accounts are FDIC-insured and protected by the Securities Investor Protection Corporation (SIPC).

Your security deposit is always held in cash, which earns interest risk-free. Whale cannot invest your money or use it for any purpose other than securely holding it for you.

Whale is also a Registered Investment Advisor (RIA) by the Securities & Exchange Commission (SEC). As an RIA, Whale is a fiduciary and legally obligated to comply with all local and state regulations.

**Registration does not imply a certain level of skill or training.

These safeguards ensure your money in Whale is as secure as it would be in any major financial institution.