As Independent Accountants' Investment Counsel uses the services of investment custodians our clients' assets are never deposited into an IAIC account. All of our clients have their own account(s) with the investment custodian meaning that their assets are always held in their own name. When a client makes a deposit into their investment account the recipient of the funds is themselves, not IAIC.
Clients can have accounts with either of the two investment custodians IAIC is currently partnered with, TD Waterhouse Institutional Services and Penson Financial Services Canada. More information on these two organizations is available on their websites which can be accessed by clicking on the respective links below.
Both TD Waterhouse Institutional Services and Penson Financial Services Canada are CIPF members.
Stock/Exchange Ticker
May 20, 2012 5:05 EST
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