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 (TD Ameritrade Institutional, TDAI). You will receive a monthly account statement from TDAI to verify the balances and transactions in your account.