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Our Custodian

Planning Financial Futures located in Melville, Long Island uses the services of a brand name custodian to help protect your financial assets and securities.

What is a ‘Custodian’?

What is a ‘Custodian’?

A custodian is a financial institution that holds customers’ securities for safekeeping to minimize the risk of their theft or loss. A custodian holds securities and other assets in electronic or physical form. Since they are responsible for the safety of assets and securities that may be worth hundreds of millions or even billions of dollars, custodians generally tend to be large and reputable firms.

Our licensing and registration does not permit us to come in contact with your assets – except the fee you pay us for our advice and services.
We use the services of a brand name custodian to protect your financial interests.

Pershing, a subsidiary of BNY Mellon, is the primary custodian for our clients’ assets. Pershing is one of the oldest (75 years) largest ($1.5 trillion) custodians in the U.S. financial services industry.

Pershing, an independent third party, processes transactions, receives dividends and interest and produces monthly reports that document the current value of your assets.

Why it’s important to have a custodian.

Our clients feel confident knowing the custodian for their assets is one of the largest financial services firms in America.

Do you have a question or need help planning your financial future?

Call 631-546-5403 or

Click here to schedule a complementary, no-obligation consultation

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