Industry WIKI

A custodian bank, or simply custodian, is a specialized financial institution responsible for providing securities services. It provides post-trade services and solutions for asset owners, asset managers, banks and broker-dealers. Custodial banks do not engage in traditional commercial or retail banking services like lending.

Mischler Financial Group is the American boutique investment bank and brokerage that became the financial industry's first firm owned and operated by Service-Disabled Veterans.