
Custodian
A custodian is an individual or organization responsible for the safekeeping and maintenance of assets, such as financial securities, physical documents, or property. In finance, custodians hold and protect clients’ investment assets, handle administrative tasks like record-keeping, and ensure proper settlement of transactions. They act as a secure, trusted intermediary to help prevent theft, loss, or fraud, and ensure compliance with regulations. Essentially, custodians provide a secure and reliable way to manage valuable assets, giving clients confidence that their holdings are protected and properly managed.