Stake (Stakeshop Pty Ltd ACN 610105505) is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927), that enables Stake to provide general financial product advice in relation to securities to retail clients.
Stakeshop Pty Ltd is also registered as an overseas company in New Zealand (NZBN: 9429047452152).
Stake is the trading name of Hellostake Limited (no. 11676409), authorised and regulated by the UK Financial Conduct Authority (FRN: 830771).
DriveWealth, LLC is a US broker-dealer registered with FINRA (US regulator) and is a member of SIPC, which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org.
ETC (Electronic Transaction Clearing) is the ultimate custodian (DriveWealth is sub-custodian), where shares are held on a books and records basis. These are listed equities only, execution is via the US exchanges, routed through NBBO (National Best Bid and Offer) when required. 1 full share gives you voting right and fractional component gives you full economic interest as per the books and records at the custodian.