Custodian

What Does Custodian Mean?
A financial institution that has the legal responsibility for a customer's securities. This implies management as well as safekeeping.

Also known as "custody".

Investopedia explains Custodian
There are additional fees associated with this special attention.

Filed Under: Banking, Brokers

Related Terms

Broker
Custodial Account
Custody-Only Trading
Safekeeping
Series 28
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