I'm trying to understand the distinction between assets under management and assets under custody. I want to know how these two concepts differ from each other in the financial world.
7 answers
Riccardo
Tue Oct 29 2024
Assets under custody represent client assets that are held primarily for specific purposes.
AmyDavis
Tue Oct 29 2024
Neither does it provide financial advice to clients regarding their assets.
CryptoQueenGuard
Tue Oct 29 2024
These purposes are related to execution or safekeeping/custody.
EnchantedPulse
Tue Oct 29 2024
Consequently, assets under custody are distinguished from assets under management.
Federico
Tue Oct 29 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that include spot, futures, and wallet services.