The funds held in the Apex Clearing Corporation accounts are not FDIC-insured, are not bank guaranteed, and may lose value with a minimum return of zero. Webster Bank is not providing any investment advice or responsible for the purchase or performance of any investment contracts. Learn more at: the funds customers provide and deposit with Webster Bank, N.A. Customers are responsible for determining the amount deposited in each account at Webster Bank, N.A., and for monitoring the total amount of their deposits at Webster Bank, N.A., to determine the extent of available FDIC insurance coverage in accordance with FDIC rules.
Actual deposit insurance coverage may be lower if you have other funds deposited at Webster Bank, N.A. FDIC insurance coverage for funds deposited at Webster Bank is limited to not more than $250,000 per depositor, per FDIC-insured bank, per ownership category. † To obtain FDIC insurance coverage, customer funds provided will be deposited into non-interest-bearing accounts at Webster Bank. Additionally, Save Advisers does not provide tax, legal or accounting advice, and investors are encouraged to consult with their personal advisers. **Information provided by Save Advisers Customer Support is for informational and general educational purposes only and is not investment or financial advice. Customer withdrawal prior to maturity could result in additional associated costs. Management Fees associated with the investments may reduce earnings on the account. Deposits are FDIC-insured up to the maximum allowed by law, $250,000 per depositor, per bank. The minimum deposit amount is $1,000 for the 1-year term and $5,000 for the 5-year term. For more detailed information please see Hypothetical Back-testing. Hypothetical back-tested performance is no guarantee of future performance and actual results will vary. Variable APY’s are based on hypothetical back-tested performance in the Save Moderate Portfolio from 2006 to present and are shown net of fees. The Variable APY presented is hypothetical in nature and reflects the potential growth that could accrue if the investment is held for the entire term selected. Variable APY’s are subject to change at any time. Assuming a minimum Variable APY of 0% per annum, if the Variable APY applicable to a particular maturity date is less than or equal to the Minimum 0%, the customer will not receive any Variable APY return for that investment upon maturity. The Variable APY may be 0% but will never be less than the Minimum Variable APY of 0% per annum. The Variable APY, if any, will be equal to the cumulative return for the investments selected for you by Save for the term selected on the applicable maturity date. The Variable APY, if any, is derived from the investments made by Save on behalf of the customer within Save’s portfolio of strategies over the duration of term length selected by the customer. The investment portion of the Save Market Savings product and service offers the potential to earn an APY with a variable rate (Variable APY). The deposit account portion of the Save Market Savings product and service is provided by Webster Bank, N.A., Member FDIC and is non-interest bearing with a 0% APY. Save Market Savings is a hybrid product and service that includes deposit account linked to an investment product. *Generally, an APY (or annual percentage yield) is the yearly return on a bank or investment account. Save Advisers, LLC, nor its investment affiliates, are a bank. The investment portion of the Save Market Savings product and service is provided by Save. Customer funds provided will be deposited into non-interest-bearing accounts at Webster Bank, N.A. ‡The deposit account portion of the Save Market Savings product and service is provided by Webster Bank, N.A., Member FDIC.
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Prior to becoming a client, if at all, each prospective Client must answer a series of subjective and objective questions to evaluate both the individual’s objective capacity to take risk and subjective willingness to take risk. All brokerage and clearing services are provided by Apex Clearing Corporation, Member FINRA/SIPC. Investment Advisory Services offered through Save Advisers LLC ("Save Advisers"), an SEC registered investment adviser.
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