What’s Next for Chaos in the Custodial Space?

The business of being a custodian for independent RIAs is generally considered a bit “boring.” And that’s pretty much how it’s been for the last 30-plus years.

After all, what do they do? Open brokerage accounts, keep client assets safe and secure, process trades and money movements, deliver statements and provide basic operational technology through some form of an online advisor workstation. [..]

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