Cryptocurrency Q&A What is the difference between assets under management and assets under custody?

What is the difference between assets under management and assets under custody?

HanbokGlamour HanbokGlamour Mon Oct 28 2024 | 7 answers 1912
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. What is the difference between assets under management and assets under custody?

7 answers

Riccardo Riccardo Tue Oct 29 2024
Assets under custody represent client assets that are held primarily for specific purposes.

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AmyDavis AmyDavis Tue Oct 29 2024
Neither does it provide financial advice to clients regarding their assets.

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CryptoQueenGuard CryptoQueenGuard Tue Oct 29 2024
These purposes are related to execution or safekeeping/custody.

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EnchantedPulse EnchantedPulse Tue Oct 29 2024
Consequently, assets under custody are distinguished from assets under management.

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Federico Federico Tue Oct 29 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that include spot, futures, and wallet services.

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