Account Custodians

A COGENT Relationship

Checks and Balances are Important. That's why COGENT does NOT custody client assets.  That's the role of the Custodian.

(Scroll down for more about how You, COGENT and Your Custodian work together)

Role 2:

COGENT

As Your Investment Advisor, COGENT works with You and Your Custodian to best serve your financial interests.  The following is a partial list of COGENT's functions:

  • Works with You to develop customized strategy and Investment Policy Statement

  • Directs Custodian to place trades in your account(s)

  • Initiates money movements between linked account(s), if authorized by You

  • Receives Your account data from Custodian to use in proprietary systems for portfolio management, performance reporting, billing, compliance, and relationship management

  • Provides You with pertinent reports

  • Provides ongoing management of Your account(s) and financial plan

  • Provides You with Periodic Review Meetings

Role 1: You

You are the center of this relationship and the most important piece. The following is a partial list of  Your functions:

  • Work with COGENT to develop strategy & select investments

  • Can contact COGENT or Custodian to place trades and initiate contributions and withdrawals

  • Can access accounts by phone and online through Custodian

  • Can view account information, including performance, and a secure document vault through your COGENT Portal

  • Receives official accounting documents like statements, tax documents and trade confirmations from Custodian

  • Receives Performance Reports and Billing Documents from COGENT

  • Receives ongoing investment management, review meetings, and financial planning services from COGENT

 Role 3:

Custodian

Your Custodian fills a vital role to ensure proper accounting of your assets and links you to other financial institutions.  The following is a partial list of their functions:

  • Maintains custody of your funds and investments

  • Offers services like check writing, debit cards, bill pay, and more

  • Provides accounting for Investments Held, Trades Placed, Income Received and Account Valuation

  • Links Your account(s) to other institutions like your bank or another brokerage firm

  • Participates in SIPC and FDIC Insurance programs, as applicable, depending on Your investments

  • Provides statements, tax documents and trade confirmations

  • Takes trade and money movement orders from You and COGENT

  • Provides Your account data to COGENT

*Custodians Available

Online Access

Mobile App

 

 

Phone

Dial Cogent's Number, Extension 99

-or-

Direct @ (800) 431-3500

Regular Mail

TD Ameritrade Institutional

PO Box 650567

Dallas, TX 75265-0567

Overnight Mail

TD Ameritrade Institutional

7801 Mesquite Bend Drive, Suite 112

Irving, TX 75063-6043

Routing Number

021912915

 

Depositing Physical Checks

Send to either Regular or Overnight Address

 

Make Payable to:

TD Ameritrade Institutional FBO [Your Account Number]

Ensure Check Meets Important Requirements

Charles

Schwab

**Online Access

Mobile App

 

Phone

Dial Cogent's Number, Extension 88

-or-

Direct @ (800) 515-2157

Regular Mail

Charles Schwab & Co

Attn:  AS Document Control

PO Box 982603

El Paso, TX 79998-2603

Overnight Mail

Charles Schwab & Co

Attn:  AS Document Control

1945 Northwestern Drive

El Paso, TX 79912

Depositing Physical Checks

Checks May Be Deposited Electronically Via the Mobile App

 

Note: For Check Amounts Over the Daily Electronic Deposit Limit in the Mobile App, Send to either Regular or Overnight Address

 

Make Payable to:

Charles Schwab & Co. FBO [Your Account Number]

Ensure Check Meets Important Requirements

Important Information for All Check Deposits

Ensure Your Name and Account Number are in the Memo Section of Check (even if you've already written account number in "Payable To" line)

For Mailed Checks, Make a Copy of Your Check Front & Back and Hold Onto it Until Check is Deposited

For Checks Deposited via Schwab's Mobile App, Endorse Back of Check with "For Electronic Deposit to Charles Schwab & Co" and Sign.  Write Date Deposited on Face of Check and Hold Onto it Until Funds Have Been Released Into Your Account

 

For IRA or ROTH IRA Contributions, Also Write Tax Year of Contribution on Check (example: "2020 Contribution")

For 401k Contributions, Write Tax Year and Either "Employee Deferral" or "Employer Contribution"

*Other Custodians may be available upon request or in special circumstances. Cogent Independent Advisors is not affiliated with Charles Schwab, TD Ameritrade, or any of their subsidiaries, or any other Custodian.

 

**Schwab is a registered Broker-dealer, and is not affiliated with "Cogent Independent Advisors" or any advisor(s) whose name(s) appears on this Website.  Cogent Independent Advisors is independently owned and operated. Schwab neither endorses nor recommends Cogent Independent Advisors. Regardless of any referral or recommendation, Schwab does not endorse or recommend the investment strategy of any advisor. Schwab has agreements with Cogent Independent Advisors under which Schwab provides Cogent Independent Advisors with service related to your account.  Schwab does not review the Cogent Independent Advisors' Website, and makes no representation regarding the content of the Website.  The information contained in the Cogent Independent Advisors Website should not be considered to be either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities.

 

TD Ameritrade Institutional, Division of TD Ameritrade, Inc., member FINRA/SIPC & TD Ameritrade Clearing, Inc., TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc., and The Toronto-Dominion Bank.

 
 
 

©2020 by Cogent Independent Advisors, Inc.. Financial Planning and Investment Advisory Services provided by Cogent Independent Advisors, a Registered Investment Advisor. Nothing on this website constitutes a solicitation to buy or sell any security.  Cogent can only do business with clients domiciled in states where authorized or exempt from authorization. Cogent Independent Advisors is not a licensed insurance agency.