Pershing LLC custodies brokerage accounts (including the brokerage accounts within IRAs) and fulfills a legal responsibility for safeguarding assets while also providing related administrative services, including settlement of purchases, tax and account record keeping, monthly statements, confidentiality and data integrity protections, and more.
The custodian that we work with has to meet certain net capital requirements and is subject to regular audits, both internally and by independent firms, to ensure the appropriate handling, segregation and protection of investors' assets.
