Who holds the assets?
A. A third party, nationally known financial institution, called a custodian, holds the assets. There are no additional fees for this service, unlike other investment firms that may have an ownership interest in the custodian. The custodian will provide monthly statements detailing current portfolio market value by each position, any trades in the account, and all income. In addition, the custodian will mail confirmations of all trades in the account. We will provide a quarterly report to clients.
