Appendix of Custodians

Written By Gideon Gartner

Appendix list of vendors by segment for custodial services:

Banks

  1. JPMorgan Chase & Co.

  2. Citigroup Inc.

  3. Bank of New York Mellon Corporation

  4. State Street Corporation

  5. HSBC Holdings plc

  6. Wells Fargo & Company

  7. UBS Group AG

  8. Bank of America Corporation

  9. Credit Suisse Group AG

  10. Deutsche Bank AG

Banks (Federal or State Charter)

  • Type of Custodian: Bank custodians

  • Assets Custodied: Wide range of assets, including cash, securities (stocks, bonds, mutual funds), precious metals, and sometimes alternative investments

Non-depository Trust Companies

  1. Wilmington Trust (M&T Bank Corporation)

  2. Fiduciary Trust Company International

  3. Bessemer Trust Company

  4. Cumberland Trust

  5. Equity Trust Company

  6. The Northern Trust Company of Delaware

  7. New York Private Trust Company

  8. Glenmede Trust Company, N.A.

  9. Santa Fe Trust Company

  10. Commonwealth Trust Company

Non-depository Trust Companies (State Charter)

  • Type of Custodian: Trust company custodians

  • Assets Custodied: Typically focus on securities (stocks, bonds, mutual funds), cash, and sometimes alternative investments

Depository Trust Companies

  1. The Bank of N.T. Butterfield & Son Limited

  2. Northern Trust Corporation

  3. SEI Private Trust Company

  4. TriState Capital Bank

  5. Millennium Trust Company

  6. Merchants Bank of Indiana

  7. National Advisors Trust Company

  8. Texas Capital Bank, N.A.

  9. First National Bank of Omaha

  10. Zions Bank

Depository Trust Companies (Federal or State Charter)

  • Type of Custodian: Trust company custodians with banking services

  • Assets Custodied: Wide range of assets, including cash, securities (stocks, bonds, mutual funds), precious metals, and sometimes alternative investments

Brokerage Firms

  1. Charles Schwab Corporation

  2. Fidelity Investments

  3. TD Ameritrade Holding Corporation

  4. E*TRADE Financial Corporation

  5. Interactive Brokers Group, Inc.

  6. Pershing LLC (The Bank of New York Mellon Corporation)

  7. RBC Investor & Treasury Services

  8. Raymond James Financial, Inc.

  9. Vanguard Group

  10. Edward Jones

Brokerage Firms (SEC and FINRA regulated)

  • Type of Custodian: Brokerage firm custodians

  • Assets Custodied: Primarily securities (stocks, bonds, mutual funds, ETFs) and cash

Central Securities Depositories (CSDs)

  1. Depository Trust Company (DTC)

  2. Euroclear Group

  3. Clearstream (Deutsche Börse Group)

  4. Fedwire Securities Service (Federal Reserve Banks)

  5. SIX SIS (SIX Group)

  6. China Securities Depository and Clearing Corporation Limited (CSDC)

  7. Japan Securities Depository Center (JASDEC)

  8. National Securities Depository Limited (NSDL) - India

  9. Central Depository Services Limited (CDSL) - India

  10. Monte Titoli (London Stock Exchange Group)

Central Securities Depositories (Varies by jurisdiction)

  • Type of Custodian: Central securities depositories

  • Assets Custodied: Securities (stocks, bonds) and other financial instruments

Specialist Custody Providers

  1. BNY Mellon Alternative Investment Services

  2. Citco Group Limited

  3. SS&C Technologies Holdings, Inc. (including SS&C GlobeOp)

  4. State Street Alternative Investment Solutions

  5. Alter Domus

  6. Preqin Solutions (formerly Augentius)

  7. Mitsubishi UFJ Trust and Banking Corporation (MUTB)

  8. BNP Paribas Securities Services

  9. Apex Group Ltd.

  10. U.S. Bank Global Fund Services

Specialist Custody Providers (Varies by jurisdiction and specialization)

  • Type of Custodian: Specialized custodians

  • Assets Custodied: Alternative investments (hedge funds, private equity, real estate), art, collectibles, and other niche assets

Cryptocurrency Custodians

  1. Coinbase Custody (Coinbase Global, Inc.)

  2. BitGo

  3. Anchorage Digital

  4. Gemini Trust Company, LLC

  5. Fidelity Digital Assets

  6. Bakkt (Intercontinental Exchange, Inc.)

  7. Ledger Vault

  8. Paxos Trust Company

  9. Kingdom Trust

  10. Xapo

Cryptocurrency Custodians (Varies by jurisdiction, often state-regulated)

  • Type of Custodian: Cryptocurrency custodians

  • Assets Custodied: Cryptocurrencies and digital assets

Global Custodians

  1. The Bank of New York Mellon Corporation

  2. State Street Corporation

  3. JPMorgan Chase & Co.

  4. Citigroup Inc.

  5. BNP Paribas Securities Services

  6. Northern Trust Corporation

  7. HSBC Securities Services

  8. Standard Chartered Bank

  9. Société Générale Securities Services

  10. Brown Brothers Harriman & Co.

Global Custodians (Typically banks or trust companies with international presence)

  • Type of Custodian: Global custodians

  • Assets Custodied: Wide range of assets across multiple markets and jurisdictions

Insurance Companies (with custody services)

  1. Prudential Financial, Inc.

  2. MetLife, Inc.

  3. Aegon N.V.

  4. Allianz SE

  5. AXA Group

  6. Manulife Financial Corporation

  7. Generali Group

  8. Ping An Insurance (Group) Company of China, Ltd.

  9. Nippon Life Insurance Company

  10. Sumitomo Life Insurance Company

Insurance Companies (State-regulated)

  • Type of Custodian: Insurance company custodians

  • Assets Custodied: Primarily securities (stocks, bonds, mutual funds) and cash related to insurance products and services

Central Banks (select examples)

  1. Federal Reserve System (United States)

  2. European Central Bank (ECB)

  3. Bank of England

  4. Bank of Japan

  5. People's Bank of China

  6. Deutsche Bundesbank (Germany)

  7. Banque de France

  8. Swiss National Bank

  9. Bank of Canada

  10. Reserve Bank of India

Central Banks (Government entities)

  • Type of Custodian: Central bank custodians

  • Assets Custodied: Official gold and foreign exchange reserves

Precious Metal Depositories

  1. HSBC Bank USA

  2. JPMorgan Chase Bank

  3. The Perth Mint

  4. Brink's, Incorporated

  5. Loomis International

  6. Malca-Amit

  7. The Bank of Nova Scotia (ScotiaMocatta)

  8. Royal Canadian Mint

  9. Secured Worldwide, LLC

  10. CNT Depository (Coins 'N Things Inc.)

Precious Metal Depositories (Varies by jurisdiction)

  • Type of Custodian: Precious metal depositories

  • Assets Custodied: Physical precious metals (gold, silver, platinum, palladium)

Type of Custodians and Assets Custodied

Banks (Federal or State Charter):

  • Type of Custodian: Bank custodians

  • Assets Custodied: Wide range of assets, including cash, securities (stocks, bonds, mutual funds), precious metals, and sometimes alternative investments

Non-depository Trust Companies (State Charter):

  • Type of Custodian: Trust company custodians

  • Assets Custodied: Typically focus on securities (stocks, bonds, mutual funds), cash, and sometimes alternative investments

Depository Trust Companies (Federal or State Charter):

  • Type of Custodian: Trust company custodians with banking services

  • Assets Custodied: Wide range of assets, including cash, securities (stocks, bonds, mutual funds), precious metals, and sometimes alternative investments

Brokerage Firms (SEC and FINRA regulated):

  • Type of Custodian: Brokerage firm custodians

  • Assets Custodied: Primarily securities (stocks, bonds, mutual funds, ETFs) and cash

Central Securities Depositories (Varies by jurisdiction):

  • Type of Custodian: Central securities depositories

  • Assets Custodied: Securities (stocks, bonds) and other financial instruments

Specialist Custody Providers (Varies by jurisdiction and specialization):

  • Type of Custodian: Specialized custodians

  • Assets Custodied: Alternative investments (hedge funds, private equity, real estate), art, collectibles, and other niche assets

Cryptocurrency Custodians (Varies by jurisdiction, often state-regulated):

  • Type of Custodian: Cryptocurrency custodians

  • Assets Custodied: Cryptocurrencies and digital assets

Global Custodians (Typically banks or trust companies with international presence):

  • Type of Custodian: Global custodians

  • Assets Custodied: Wide range of assets across multiple markets and jurisdictions

Insurance Companies (State-regulated):

  • Type of Custodian: Insurance company custodians

  • Assets Custodied: Primarily securities (stocks, bonds, mutual funds) and cash related to insurance products and services

Central Banks (Government entities):

  • Type of Custodian: Central bank custodians

  • Assets Custodied: Official gold and foreign exchange reserves

Precious Metal Depositories (Varies by jurisdiction):

  • Type of Custodian: Precious metal depositories

  • Assets Custodied: Physical precious metals (gold, silver, platinum, palladium)

Gideon Gartner https://GartnorGroup.com
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