What is a bank custodian? What services do they provide?

A bank custodian has physical possession of its clients' financial assets. These could include cash, stock certificates, bonds, and other financial instruments. A bank custodian is responsible for safeguarding these types […]

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Who are clients of bank custodians?

Banks provide custody services to a variety of customers, including mutual funds and investment managers, retirement plans, bank fiduciary and agency accounts, insurance companies, corporations, endowments and foundations, […]

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Are my assets safe with a bank custodian?

Yes. Assets held by banks in a custodial capacity do not become assets or liabilities owned by the bank. If a bank is bought or fails, custody assets remain the property of the account owner. They are not subject to the […]

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