As a fiduciary, we are required to perform a due diligence process in selecting service providers, including the selection of custodians for your investments. We are also required to periodically evaluate these relationships for services provided, fees charged, best execution on investment transactions, timeliness of resolving issues, and overall services. Due to the announcement of TD Ameritrade being acquired by Charles Schwab and Co., an opportunity developed to allow us to review other custodial services in greater detail. Our thorough review and interview process led us to the conclusion that LPL Financial was going to be the best custodian for our clients going forward. Some benefits for you include lower custodian fees compared to TD Ameritrade, modernized technology stack that integrates with our major platforms which equips our team to better serve you, improved capabilities for electronic signing, and more.