Qualified Custodians

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Fostering Client Trust

We never take “custody” of your assets at WV Financial Advisor, LLC. For clients who enroll in our Portfolio Management Services, wwe will help you set up a brokerage account with one of our Qualified Custodians.

With this setup, the Client will legally retain the assets and receive quarterly statements directly from the custodian. The agreement with the custodian will grant WV Financial Advisor, LLC, and its investment advisor representatives specified levels of authority to transact in your accounts without authorization.

  • Discretionary Trading Authority: The ability to buy and sell securities on behalf of clients without prior client approval for each transaction
  • Non-Discretionary Authority: The advisor makes recommendations, but the Client must approve all transactions before execution.
  • If applicable, the agreement authorizes the custodian to deduct fees directly from Client accounts on behalf of the advisor.
  • Under custody rules, we cannot send client funds to a third party without the Client’s authorization and custodian’s approval.


Current Qualified Custodians

We currently partner with:

  • Altruist, LLC
  • Interactive Brokers, LLC


Altruist, LLC


Interactive Brokers, LLC



Example Account Types

Individual/Family

Non-Retirement Accounts Retirement Accounts
Individual Traditional IRA
Trust Roth IRA
Joint (JTWROS) Rollover IRA
Joint (JTIC) SEP IRA
Joint (JTBE) Beneficiary IRA
Joint (JCP) Beneficiary Roth IRA
UTMA (Minor) SIMPLE IRA
UGMA (Minor) Solo 401(k)


Business

Business Account Type*
Sole Proprietorship
Single-Member LLC
C Corporation
LLC C Corporation
S Corporation
LLC S Corporation
Partnership
LLC Partnership
Non-Profit Organization


  • Subject to Change and Custodian Requirements


Meet with a Financial Advisor




Important Information

WV Financial Advisor, LLC is a Registered Investment Adviser (“RIA”) in the state of West Virginia. An investment adviser provides advice or guidance about securities investments for a fee. Investment adviser representatives (“IAR”) are regulated professionals whose primary duty is to act in the best interest of their Clients, adhering to a fiduciary standard. Registration does not imply a certain level of skill or training. Advisory services are only offered to clients or prospective clients where the “RIA” and its “IARs” are properly licensed or exempt from licensure.

The information provided is for educational purposes only and should not be considered investment, tax, or legal advice. Please consult a qualified financial professional before making financial decisions. Investments are subject to market loss, and there can be no guarantee of future performance expectations. This information has not been approved or verified by the United States Securities and Exchange Commission or by any state securities authority. Additional information about the Firm is available on the SEC’s website at www.adviserinfo.sec.gov. If you have any questions about the company, please contact us.