Custodian is a custodian is an organization, such as a bank, brokerage firm, or mutual fund company, that's responsible for the assets of a 401(k) plan, mutual fund, or IRA. The custodian invests as you direct, but has no fiduciary responsibility for the way the money is invested. In other cases, a custodian may be a person who is responsible for making financial decisions on behalf of a minor child or disabled adult.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). custodian. Retrieved September 24, 2026, from http://smartdefine.org/custodian/definitions/1151350 |
| Chicago | Barry Goldsmith. 2010. "custodian" http://smartdefine.org/custodian/definitions/1151350 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, custodian, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/custodian/definitions/1151350>. |
| MLA | Barry Goldsmith. "custodian" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/custodian/definitions/1151350> |