Our services allow Sovereign to act as your financial intermediary to provide accurate safekeeping, transaction processing, and reporting. We deliver a full range of securities services to corporations, not-for-profit organizations, and labor union plans with assets in excess of $1,000,000.

Benefits of an Institutional Custody Account

• Personalized, proactive, and responsive service
• Safekeeping and pricing of portfolio assets
• Automated depository interface for securities movement
• Timely and accurate settlement of all security transactions
• Accurate and timely posting of principal (maturities and calls), and income (interest and dividends) payments
• Assistance in processing corporate reorganizations and capital change
• 24/7 online access to account information
• Detailed statements of securities and account activity
• Consolidated relationship reporting
• Daily investment of idle cash in a money market mutual fund

Along with the benefits of an Institutional Custody account, our Directed Trust account will provide you with:

• Specialized institutional employee benefit reporting packages specially designed to meet government reporting requirements and the needs of plan sponsors, auditors, and actuaries
• Simplified Master Trust reporting for multiple manager/multiple plan situations
• Convenient benefit payment processing and participant tax reporting