The role of the custodian is to account and protect assets from theft or mishandling. This important role is critical in our relationship so we have chosen to partner with two of the best known custodians in the world, Fidelity Institutional℠ and Charles Schwab Brokerage Services. These organizations provide a comprehensive clearing and custody platform, brokerage services, trading capabilities, and practice management and consulting to registered investment advisers (RIAs), including strategic acquirers and professional asset managers, as well as retirement recordkeepers, broker-dealer firms, banks, and insurance companies. In addition to providing services to third-party institutions, the NFS brokerage platform supports all the clearing and custody businesses at Fidelity, including Fidelity’s retail and capital markets businesses, bringing NFS assets under administration to more than $4 trillion.