Charles Schwab Institutional is the primary custodian to safeguard our account relationships and provide trading execution services.
As custodian of our brokerage accounts, Charles Schwab is responsible for:
• The execution, clearance and settlement of securities transactions.
• Preparing and sending periodic statements of your account and transaction confirmations.
• The custody (or safekeeping), receipt, and delivery of funds and securities.
“The Charles Schwab Corporation is one of the nation’s leading providers of financial services. Through our operating subsidiaries, we provide securities brokerage, banking, money management, and financial advisory services to individual investors, independent investment advisors, and corporate and retirement plan sponsors and participants. The Charles Schwab Corporation is financially strong, and we are committed to our continued financial health. Our capital structure and liquidity are sound, our investment portfolio is diversified, and our internal controls and business standards are designed to keep client assets safe. We maintain a disciplined focus on risk management and operate the firm conservatively to minimize investment risks. We know that our success ultimately depends on how well we serve all our clients and their confidence in us.”