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 Securities 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 with over $26 trillion in assets under custody, and over $1.4 trillion in assets under management. Pershing have been providing such services since 1939 and are regulated by the Financial Conduct Authority (FCA). 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 authorised and regulated by the FCA, clients' money is protected by the Financial Services Compensation Scheme (FSCS), which means in a worst case scenario, losses of a maximum of £50,000 for investments or £85,000 for cash deposits may be claimable. Further information regarding claim amounts and investor eligibility can be obtained from www.fscs.org.uk.