No, Riverplace Capital does not take full custody of your money. Riverplace Capital works with third party custodians such as Charles Schwab and Pershing, a division of/Bank of NY Mellon. An account is opened for you with one of these custodians and they take custody of your funds. This ensures appropriate checks and balances and protection for you as a client. Your money is always available to you 24-7 through access using your own individual login. Riverplace Capital does oversee management of your account, which allows us to trade on your behalf within your account.