Cresap Incorporated

Description

Our firm operates on a fully disclosed basis with First Clearing Corp. We do not hold customer funds or securities. All transactions are entered at the trading desk at our Radnor headquarters and are then routed to our clearing firm for execution, comparison, allocation and settlement. Our clearing firm carries our customer accounts and can provide to customers access to all account information and can provide directly to customers all transaction capabilities available at this firm.

Cresap, Inc. is a full service securities brokerage firm located in Radnor, Pennsylvania, a suburb of Philadelphia. We are licensed to conduct business in a number of states and are members of the Financial Industry Regulatory Authority ( FINRA ) and the Securities Investor Protection Corporation (SIPC).

Cresap, Inc. collects certain financial information from our clients concerning income, net worth and investment objectives. A tax I.D. is obtained as well. This information is secured in company files and is shared with no other party except our clearing firm and, upon demand, securities regulators and government agencies.

Company Overview Cresap is a full service securities brokerage firm located in Radnor, Pennsylvania, a suburb of Philadelphia.

The firm does not hold any allowable assets for net capital purposes in it's headquarters or separate locations. The firm's allowable assets are essentially cash in the bank, cash on deposit at our clearing firm and commissions and fees receivable from our clearing firm. Amounts of recent checks or payments not deducted from the bank balance are available from Quickbooks. All information needed to perform a net capital computation would be available, with back-up form our accountant, from any remote location.

Fact sheet

Company contacts

Products & services

Similar companies nearby