All ModernAdvisor accounts will be held at one of our independent custodians, Credential Qtrade Securities Inc. and CI Investment Services. As both are a member of the Canadian Investor Protection Fund (CIPF), your account is insured up to $1 million by CIPF. Note that this is not insurance against trading losses, CIPF covers your account if the custodian runs into difficulty and is forced to shutdown. For comparison, bank accounts in Canada are insured up to $100,000 by the Canada Deposit Insurance Company (CDIC).