Frequently Asked Questions

FAQs

First Financial Equity Corporation is a fully registered broker/dealer with transactions clearing through Southwest Securities, Inc. The company was formed as an Arizona corporation in 1985, and its office is located in Scottsdale, AZ.

Yes, to provide our clients with the peace of mind they deserve, all of our clients' accounts are protected up to an aggregate of $20 million per account. The SIPC fund provides coverage for individual customer accounts up to $500,000 with a limitation of $100,000 on claims for cash. Southwest Securities supplements this basic coverage with an Excess Securities Policy purchased from a major insurance company totaling $19.5 million. This coverage does not protect against fluctuations in the market value of securities, including loss of principal on any investment or cash.

Yes, FFEC offers its clients the ability to receive their individual trade confirmations by regular mail, fax, or email. Contact a broker for more information or download the form on Open an Account and send the signed original to the office.

Direct Deposit is an automatic way you can deposit or withdraw funds from your securities account. As the name implies you will be able to save time and money because your funds spend more time working for you, rather than in transit. Contact a broker for more information or download the form on Open an Account and send the signed original to the office.

Headquarters - 7373 N. Scottsdale Rd. #D120, Scottsdale, AZ 85253.

Yes, please ask your broker for the form that will allow you to receive a checkbook to draw on your account.

First Financial Equity Corporation does not have any minimum deposit. However, in order to open a margin and/or trading account, the minimum balance is $2,000.

Go to the MyAccount section of the web site to see a current depiction of your account.

The signed certificate may be brought in to the office and then sold. If it is mailed in, for security reasons, please ask a broker for a stock power to mail a stock power for signature and return in separate mail.

Please see our sections under Books to Read, and Educational Links.

We are happy to help with the transition from another brokerage firm. Please ask a broker for a transfer form, and one will be sent directly.

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