Custody Services

Relief from detail
Investing is more than just making the right decisions. With investments of any kind comes the seemingly endless task of keeping track of income, sales, splits, coupons and mutual funds, to name just a few. For investors with little patience for recordkeeping, tax returns can become an annual nightmare.

The time spent handling the many details of investing is time that could be spent in more rewarding, enjoyable pursuits. Custody services allow Sovereign to act as your financial secretary, relieving you of these burdens

• Collecting dividends and interest—Income payments are automatically credited to your account on the payment date. In addition, we trace any payments not received.               
• Settling trades on your order—Trades are executed and settled by Sovereign. You no longer have to worry about making arrangements to deliver securities or funds.            
• Minimizing lost opportunities—We notify you promptly whenever action is necessary. Once missed, bond calls, conversion rights, subscriptions, tender offers and the like are profits lost.
• Tracking activity—The value of your portfolio, plus all transactions and trades, are summarized on your account statements. A year-end summary simplifies tax return preparation.

For detailed information about the many services Sovereign provides, please call your local Wealth Management Advisor.