OUR CUSTODIAN – PERSHING LLC

Pershing LLC is a subsidiary of The Bank of New York Mellon Corporation, the nation’s oldest continuously operating bank, and one of the world’s leading providers of securities services.  The firm holds or “custodies” the assets in brokerage accounts for Cetera Advisor Networks LLC, as well as many other broker-dealers worldwide.  Pershing LLC also provides account related administrative services including settlement of trades, tax and account record keeping, online account access, monthly statements, and data integration.  The firm must also meet strict net capital requirements and is subject to regular audits, both internally and by independent firms, to ensure the appropriate handling, segregation, and protection of investor’s assets.    

MID-ATLANTIC TRUST COMPANY

Mid Atlantic Trust Company is a non-depository state chartered trust company and part of the Mid Atlantic Capital Group, Inc. (MACG) based in Pittsburgh, PA.  The firm provides custody, brokerage, and trade processing for some retirement plans managed by FMS.  The firm has more than $50 billion in assets under custody and administration and processes more than 1.4 million fund trades on a monthly basis.