Summit can help ensure that your firm is dealing with your US brokers and custodians in compliance with the applicable U.S. laws and regulations so that you are able to maximize your global reach in the marketplace.

Here at Summit, our consultants are greatly familiar with the operations, processing, business, and legal structure of many US-based broker-dealers, clearing firms, and custodians. This expertise did not come by accident; our consultants have years of experience working for and with top Wall Street firms. With this unique industry knowledge, Summit is poised to assist your foreign financial institution communicate with US entities who are specially qualified to provide trade execution, clearing, and custodial services to non-US firms. 

Not every firm is the same, and it is important for you to choose US partners who are familiar with the workings of the global financial community, including compliance obligations and specific operational structures. A strong relationship with a U.S. partner is not about price alone; a U.S. custodian should be equipped to handle your unique business needs as well as all applicable U.S. tax and securities regulations, even as they relate to your local reporting jurisdiction. A U.S. institution must also understand FATCA compliance and its related reporting and filing systems and processes. Summit is here to help you bridge the gap with your U.S. broker and custodian to best leverage your position in the global marketplace. Contact a Summit representative today.