Custody, Safekeeping, and Client Accounts

Custody and safekeeping account pages explain how assets or client money can be held, administered, or recorded by an intermediary.

These pages bridge bank account administration with securities custody, nominee ownership, and investment-account operations.

In this section

• Client Account: Account for Client's Securities and Funds
  Client Account refers to an account that contains the client’s securities and funds for trading purposes under client authorization.
• Custodial Account: Overview, Benefits, and Drawbacks
  A custodial account is a type of savings account managed by an adult for a minor. Learn about how these accounts work, their advantages and disadvantages, and important considerations.
• Custodian Fee: Understanding Investor Security Maintenance Costs
  A custodian fee is a charge levied by financial institutions for holding and safeguarding an investor's securities and assets.
• Nominee Account: A Comprehensive Overview
  Understanding the Nominee Account: Definition, Types, Importance, and Applications in the Financial World
• Safekeeping: Storage and Protection of Assets
  Safekeeping refers to the storage and protection of assets, valuables, or documents. This can involve a bank safe deposit box, brokerage firms holding stock certificates or bonds, tracking trades, and providing periodic statements of positions.