Custodian: What It Means in Banking and Finance
https://www.investopedia.com/terms/c/custodian.asp
If an account beneficiary is a minor, a custodian is often required (i.e., a custodial account ). In such cases, the custodian may be a responsible individual rather than a… A custodian bank is a financial institution that holds customers' securities for safekeeping to prevent them from being … The difference between custodian banks and traditional banks lies in their primar… Custodian banks are concerned above all with the safekeeping of financial assets … Since they are responsible for the safety of assets and securities worth hundreds of … A custodian also may be appointed to maintain control of the assets of a mino… As mentioned above, a custodian bank takes on the responsibility of safeguarding the financial assets of individuals and in…
If an account beneficiary is a minor, a custodian is often required (i.e., a custodial account ). In such cases, the custodian may be a responsible individual rather than a…
A custodian bank is a financial institution that holds customers' securities for safekeeping to prevent them from being …
The difference between custodian banks and traditional banks lies in their primar…
Custodian banks are concerned above all with the safekeeping of financial assets …
Since they are responsible for the safety of assets and securities worth hundreds of …
A custodian also may be appointed to maintain control of the assets of a mino…
As mentioned above, a custodian bank takes on the responsibility of safeguarding the financial assets of individuals and in…
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