A New Layer of Protection for Your Investments: Alpaca Expands Excess SIPC Coverage

When you invest, you’re choosing growth. But you’re also choosing a system: the account, the custody, the institutions, and the protections that sit quietly in the background doing their job.

Most of the time, you never need to think about those protections at all. That’s the point.

But when a partner upgrades the safety rails behind the scenes, it’s worth sharing, because it changes the level of reassurance you can carry forward.

Our broker partner, Alpaca, has expanded its already generous excess SIPC coverage, increasing the additional protection available to customers in the unlikely event of a broker dealer failure.

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What is SIPC?

The Securities Investor Protection Corporation (SIPC) provides protection to customers in the event that a SIPC-member brokerage firm fails. It safeguards eligible cash and securities held by the broker-dealer, subject to prescribed limits. Standard SIPC coverage extends up to $500,000 per customer, including a maximum of $250,000 for cash claims.

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What is excess SIPC coverage?

Excess SIPC coverage is supplemental insurance designed to extend protection beyond standard SIPC limits should those limits be exhausted. As with SIPC protection, it does not insure against market losses or declines in investment value. Prior to this update, all eccuity Invest users had Excess SIPC coverage of up to $30 million in securities per customer and up to $1 million in cash per customer with an aggregate limit of $150 million across all Alpaca Clearing customer accounts.

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What's changed?

Alpaca Clearing’s excess SIPC coverage has been expanded, and now provides additional protection covering:

Up to $75 million in securities per customer

• Up to $75 million in securities per customer
• Up to $75 million in cash per customer
• With an aggregate limit of $250 million across all Alapaca Clearing customer accounts

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What do you need to do? 

No action is required on your part. This enhancement strengthens the protections that are already automatically in place for your account.

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Why this matters for eccuity Invest customers?

If you’re building wealth over time, you naturally reach a point where the question shifts.

It stops being:
“Can I invest?”

And becomes:
“How robust is the structure around what I’m building?”

This update matters because it strengthens the background protections that exist for scenarios most investors never experience, but still want confidence that they are covered.

It’s the same principle as good engineering: the best systems aren’t built for the average day, they’re built for extraordinary ones.

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Important notes

• SIPC and excess SIPC do note protect against losses from market movements.
• Coverage is subject to policy terms, conditions, and eligibility notes
• If you'd like to read Alpaca's full announcement and disclosures, you can view their update directly on Alpaca's blog here.

Brokerage services are provided by Alpaca Securities LL, a member of FINRA/SIPC.