custody services

Custody services involve a financial institution holding and safeguarding assets such as stocks, bonds, or cash on behalf of an individual or organization. These services ensure the assets are secure, properly registered, and accurately accounted for. The custodian handles tasks like processing transactions, collecting income (like dividends), and maintaining records. They also provide reports and ensure compliance with regulations. Essentially, custody services offer a trusted, professional way to manage and protect investment assets, allowing investors to focus on their financial goals while experts handle the operational details.