Qualified Custodian – An FDIC insured bank/financial institution or a registered broker/dealer that has the legal responsibility for managing and safekeeping customer’s securities.
Qualified Institutional Investor – Must have at least one (1) hundred million under management. An institutional investor is allowed to trade private placement securities with other qualified institutional investors.
Schechter Benefits Advisors brought creative solutions to our corporate insurance programs. I've known these guys for over 40 years and I trust the Schechter name implicitly.