Why is my Social Security Number (SSN) required?

Grifin works with Apex Clearing Corporation, our brokerage provider, to handle your investment transactions.

Apex requires your SSN to open your brokerage account for two main reasons:

• Identity verification: Apex uses your information to help verify your identity and protect against someone fraudulently opening an account in your name.
• Tax reporting: The Internal Revenue Service (IRS) requires applicable financial activity to be reported, including interest and dividend income and stock sales.

Is my Social Security Number (SSN) stored by Grifin?

Grifin does not store or have access to your SSN. Your information is required by our brokerage provider to establish and maintain your investment account.