Tompkins Financial Advisors’ custody services provide the flexibility of managing your own investment portfolio, while freeing you from the burden of administrative tasks.
Under a custody arrangement, you retain decision making control over your investments. You may place additional assets in your account, make withdrawals, or terminate the account at your discretion, and reserve the ability to make all security purchase and sale decisions.
Tompkins will handle all the accounting and administrative details for your account. We provide physical protection of your securities, execute your security transactions, reinvest income, and make distributions per your requests.
Contact one of our account representatives today to see how our custody services can help you achieve your financial planning goals.
Services
Centralized collection and reinvestment (or distribution) of dividend and interest payments
Execution of your buy and sell instructions through a registered broker-dealer
Safekeeping of all account assets
Verification of proper trade execution and security registration
Notification of bond calls, stock rights and warrants, stock splits and spin-offs, and other time sensitive investment information that may affect your account
Recordkeeping of income and capital gains/losses or tax reporting
Periodic statements reflecting current transactions, distributions, and market valuations
Benefits
Service - personal attention from a trusted advisor committed to providing quality service
Control - you retain decision making control over your investments
Time - you are not slowed down by administrative tasks
Freedom - from technical aspects of investment portfolio management
Peace of mind - knowing an experienced administrator is there to execute your transactions while you are away
Tompkins Financial Advisors is the brand name used by Tompkins Financial Corporation for the wealth management services offered by its separate subsidiaries Tompkins Trust Company and AM&M Financial Services, Inc. Tompkins Trust Company provides bank trust and asset management services. Tompkins Financial subsidiary AM&M Financial Services, a registered investment advisor (RIA), offers financial planning, investment, tax, and risk management services. Securities are offered through AM&M subsidiary Ensemble Financial Services, Member FINRA, SIPC.
Investments are not FDIC insured, not Bank guaranteed, and may lose value.