Custody

The safe and efficient administration of our clients' funds, securities and investment income is of paramount importance. This is provided for us by Pershing Securities Limited, a subsidiary of Pershing LLC, which is itself a wholly-owned subsidiary of The Bank of New York Mellon, one of the World's leading custodians.

The Bank of New York Mellon operates in 34 countries, serves more than 100 markets and has £20 trillion in assets under custody and arrangement. Each client account is also insured and we therefore believe that this is one of the most secure custody services available to private clients carrying out direct equity investment in the UK.

We encourage clients to hold cash and stock with Pershing as this enables your stock to be held electronically, ensuring prompt settlement. Interest, dividend income and bonus issues can be credited regularly and efficiently to the client's account without unnecessary paperwork.