From an Experienced Nevada Trust Company
Alliance Trust Company does not take custody of most financial assets.
Alliance Trust Company works in a non-custodial model using a variety of the most popular and well-recognized advisor platforms including Schwab Institutional, Fidelity Investments, Pershing, Foothill, TD Ameritrade, and all major Wire Houses. By operating in this fashion, clients not only enjoy the safety of a regulated trust company but also knowing a third-party with Securities Investor Protection Company (SIPC) coverage holds their assets.
For non-financial assets, including closely held family businesses and property, Alliance Trust Company is the custodian.