Security of Your Assets
The Group's Nominee companies are separate legal entities from Brewin Dolphin Ltd. and do not trade. Clients' assets, held by our Nominee companies and their various depots, are held in trust and are not regarded by third parties as belonging to Brewin Dolphin Ltd. Securities can be transferred out of our Nominee only with the authorisation of two Nominee company appointed signatories, acting upon your instructions.
Our Nominee companies are regularly audited by Deloitte & Touche, comply with AAF0106 review and are run in accordance with the Financial Services Authority rules. Clients' assets held in our Nominees are treated by the Financial Services Compensation Scheme in the same manner as stock registered in clients' own names.
There is a contractual relationship between Brewin Dolphin Ltd and each client,
and between Brewin Dolphin Ltd and our Nominee companies.
Brewin Dolphin has taken care to ensure the quality of its insurance programme. We have in place a specialist insurance cover to protect us and our clients for losses arising from fraud, misappropriation, theft or loss or damage to any client’s assets in our custody and control, which includes both cash and securities. As a further safeguard we have also considered adequacy and purchased cover to give us an overall aggregate insured limit of £100 million.