Custody of Your Assets

Independent Custodian

One of the benefits of working with a Registered Investment Advisor is that your assets are held by an independent third-party custodian, such as a brokerage firm or bank. This means that while your investments are being managed by Schwallier Wealth Management, your assets are being held and safeguarded by an independent custodian.

We recommend Charles Schwab Institutional as custodian, but can accommodate other platforms for clients, if needed.

Asset Protection

The SEC's Customer Protection Rule requires client assets to be held separately from a brokerage firm's own assets. In the unlikely event that a brokerage firm should fail while holding assets registered in the client's name, the assets are distributed back to the client.

Independent Reporting

You receive a monthly statement directly from your custodian detailing your investments and every transaction in your account.