Posts Tagged
‘asset custodian’

One of Mission’s core services, Securities Custody, is a term widely used by the securities and banking industries, but is not commonly understood by the investing public.  So, what in the world does it mean?  A “Custodian” is a financial institution (trust company, bank, brokerage firm) that keeps custody of stocks, bonds, and other assets. [...]
Customers may wonder how their assets held in trust departments are safeguarded. Here is a brief explanation of how extensive regulation, examination, and sound practices protect a trust company customer’s interests. Who supervises Mission Management & Trust Co.? Trust companies often act as both custodian and investment manager of client assets. Institutions that offer these [...]
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