Custodian

A financial institution that holds securities on behalf of clients to reduce risk of theft or loss.

Example:
A pension fund stores securities with a regulated financial institution responsible for safeguarding assets.

Disclaimer

This article is for informational purposes only and not intended as investment or financial advice. It contains opinions and speculations that are subject to change without notice.

The author and publisher disclaim any liability for decisions made based on the content of this article. Readers are advised to conduct their own research and consult a financial advisor before making investment decisions.