Where is my money held?

Bestinvest does not hold any client assets or client money. Client investments and cash are held by our custodian, SEI, in a ‘nominee company’, and are ring-fenced from SEI’s assets in accordance with the FCA rules. SEI holds your money in a ‘client money’ bank account, which is established with statutory trust status. This means that money held within the account is recognised by the bank as belonging to a client rather than SEI itself. In this way SEI holds your money as a trustee. Client money is currently deposited in UK client money bank accounts at HSBC Bank plc. More information can be found in our Terms of Business available through our website.

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