Why doesn’t Fireside Capital Advisors hold custody of my accounts and assets?

Registered Investment Advisors are not allowed to hold client assets.  The separation of advice from asset custody adds a layer of protection and security to your accounts that’s not available from a broker or bank.  Your accounts are held in your name with a third-party custodian (Charles Schwab Institutional).  You will receive a monthly account statement from Charles Schwab to verify the balances and transactions in your account.