The safety and security of your assets is of critical importance to us, and we also don’t want our transition to an independent firm to be disruptive. We are prepared to work with multiple custodians, so your assets do not need to be transferred. However, we did undertake a rigorous due diligence process to select a preferred custodian, and we have chosen Charles Schwab as our custodian based on their infrastructure, research, technology, and service capabilities. We are incredibly impressed with the measures they take to protect client assets, and we are reassured by their strength, size, and reputation in the industry. One of the largest and most trusted custodian firms in the country, Schwab has generated more than $11 billion in net revenues and administers $3.6 trillion in total client assets. The U.S. government has deemed Charles Schwab one of the country's nine systemically important financial institutions.