PWL Capital is structured such that all your assets are held in accounts in your name by our carrying broker, National Bank Correspondent Network. When you deposit money to your accounts, the cheque is made out to NBCN, never PWL. Any movements of funds or securities in or out of your accounts can only be executed with your written authorization. The monthly account statements that you receive for each one of your accounts is mailed directly from the Toronto offices of National Bank Correspondent Network, without our intervention, ensuring an unbiased and audited valuation of your holdings.