Client Relationship Summary:
CBC Securities, Inc (“CBC”) is registered with the Securities and Exchange Commission (“SEC”) as a broker-dealer. Brokerage and Firm investment advisory services and fees differ, and it is important for you to understand the differences. This Client Relationship Summary provides details about our brokerage services, fees, and other important information.
Free and simple tools are available for investors to research firms and financial professionals at Investor.gov/CRS. Here, you can also find educational materials about broker-dealers, investment advisers, and investing.
What investment services and advice can you provide me?
CBC Securities, Inc offers Private Placements and Public Offerings. CBC Securities introduces all client accounts to clearing firm for investment processing and settlement and does not hold customer funds or securities.
CBC Securities does not monitor your account. Since we do not hold customer accounts, being it discretionary or non-discretionary, it is you, the client, that will make the ultimate decision regarding all purchases and sales of investments.
What fees will I pay?
CBC Securities charges from 0% to 8% commission/fee for Brokerage Services and Investment Banking Services. These fees are typically paid directly by securities issuers being it either private placement or public offering. However, there are occasions that you pay the commission/fee directly to us. Our fees vary and are negotiable.
You will pay fees whether you make or lose money on your investments. Fees will reduce any amount of money you make on your investments. Please make sure you understand what fees you are paying. As such, the more you make the more your fees will add up, further a potential conflict exists since we have incentive to you to engage in transactions.
What are your legal obligations to me when providing recommendations? How else does your firm make money and what conflicts of interest do you have?
When we provide you with a recommendation, we have to act in your best interest and not put our interest ahead of yours. At the same time, the way we make money creates some conflicts with your interests. You should understand and ask us about these conflicts because they can affect the recommendations that we provide you.
How do your financial professionals make money?
financial professionals are compensated based on a percentage of revenue generated from the sales of products and services to clients. This compensation varies by product, and financial professionals are therefore incentivized to recommend products that have higher commissions and/or ongoing payments. CBC Securities may choose to compensate financial professionals with discretionary bonuses based upon certain criteria such as employee performance, merit, or customer service. Professionals may receive compensation for earning new client business or expanding client relationships in the form of discretionary bonuses.
Do you or your financial professionals have legal or disciplinary history?
Yes, we have financial professionals who have legal or disciplinary events.
For information regarding disciplinary history please visit:
For additional information about our services, visit our website at cbcsecurities.com or contact our CEO/CCO, Qiang Liu at email@example.com . If you would like additional, up-to-date information or a copy of this disclosure please call 857-707- 2198 and our compliance department will provide you with a copy.
Conversation Starters. Ask your financial professional these questions to learn more:
- Given my financial situation, should I choose a brokerage service? Why or why not?
- How will you choose investments to recommend to me?
- What is your relevant experience, including your licenses, education, and other qualifications? What do these qualifications mean?
Conversation Starter –
- Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
Conversation Starter –
- How might your conflicts of interest affect me, and how will you address them?
Conversation Starter –
- As a financial professional, do you have any disciplinary history? For what type of conduct?
Conversation Starter –
- Who is my primary contact person? Is he or she a representative of an investment adviser or broker-dealer? Who can I talk to if I have concerns about how this person is treating me?
Business Continuity Plan:
CBC Securities, Inc. has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
Contacting Us – If after a significant business disruption you cannot contact us as you usually do at (617) 797-2007 you should call our alternative number (857) 707-2198, or go to our web site at www.cbcsecurities.com.
Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our business continuity plan also addresses the following: data back up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.
Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within 3 days. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within 14 days. In either situation, we plan to continue in business and notify you how to contact us.
For more information – If you have questions about our business continuity planning, you can contact us at firstname.lastname@example.org or (617) 797-2007.