Common use of Brokerage and Custody Clause in Contracts

Brokerage and Custody. The client shall open one or more accounts at WT Wealth Management’s recommended Custodian. The Custodian will hold the assets in the Client’s Account. Advisor will not maintain physical custody of Client’s funds and securities. All checks for investment purposes shall be made payable to the Custodian. Advisor shall not act as custodian for the assets in the Account and shall not be liable to Client for any independent act, conduct, or omission by Custodian.

Brokerage and Custody. The client shall open one or more accounts at WT Wealth Management’s Managements recommended Custodian. The Custodian , which will hold the assets in the Client’s AccountAccount as custodian. Advisor will not maintain physical custody of Client’s funds and securities. All checks for investment purposes shall be made payable to the Custodian. Advisor shall not act as custodian for the assets in the Account and shall not be liable to Client for any independent act, conduct, or omission by Custodian.