The security of clients' investments is paramount, which is why TAM do not seek to hold client assets directly and instead investments are typically held on TAM's behalf with our custodian - Pershing Limited. Pershing are part of The Bank of New York Mellon Corporation (BNY Mellon), one of the world’s largest and strongest financial institutions in the world, unparalleled in terms of their size, security and experience in custody and clearing services. Pershing have been providing such services since 1939 and are regulated by the Financial Conduct Authority (FCA) in the UK. By partnering with the most respected counterparties, TAM provides clients with some of the strongest asset protection available presently in the industry. Further information regarding Pershing and their services can be found at their website: www.pershing.co.uk.
Financial Services Compensation Scheme
As both TAM and Pershing are regulated by the FCA, clients' money is also covered by the Financial Services Compensation Scheme (FSCS), where in a worst-case scenario the first £50,000 of their money invested is protected.