H.M. Payson is a qualified custodian; as such, we can monitor all requests for distribution and receipts. We engage Reliance Trust to act as our sub-custodian, as a direct participant of Depository Trust Company. At our direction, they can allocate dividend and interest entitlements and execute any other transactions as needed.
If you prefer a third-party custodian (Fidelity, Charles Schwab, etc.), we can coordinate our advisory services with their custody services, eliminating the need to transfer your account. You still benefit from our services, while keeping your portfolio management under one roof.