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Custodial Services

Related terms: custodial services, custodian bank, global custody, compliance, due diligence

What are Custodial Services in Family Offices

Custodial services in family offices refer to the safekeeping of securities by a financial institution on behalf of clients. These services include the settlement of transactions, comprehensive reporting, and ensuring compliance with regulatory requirements. They are essential for protecting and managing the financial assets of high-net-worth families.