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Private fund custody for alternative assets

Custody solutions built for private markets: fast onboarding, clean reporting, and regulatory-ready workflows. North Capital Private Securities delivers custodial services designed for private market complexity so advisors, investors, fund managers, and issuers can move faster without sacrificing process integrity.

The problem North Capital solves

Public-market custody is standardized. Alternatives aren't.

Alternative investments come with different subscription docs, distribution mechanics, holding structures, investor eligibility requirements, and sponsor expectations. Here's how the friction points get handled:

The problem
Our solution
Custody Rule pressure

Advisors need a custody model that supports internal oversight and helps reduce operational surprises under the Custody Rule.

Custody Rule-aligned by design

Securities are held as "North Capital Private Securities Corporation FBO Investors" with principal-level review, supporting your obligations under the Custody Rule.

Slow investor onboarding

Repetitive forms, back-and-forth emails, and fragmented systems increase drop-off and delay funding.

Faster onboarding, fewer touches

Integrated KYC, AML, and accredited investor verification move investors from interested to funded without repetitive forms.

Limited visibility

When investors and advisors can’t easily track account activity, statements, and documents, trust erodes.

Real-time portal visibility

Investors and advisors get live access to account activity, statements, and documents through the North Capital Portal.

Cap table chaos

Issuers and fund managers need reliable records and a consistent investor experience across private funds and exempt securities.

One consolidated record

NCPS custody consolidates the cap table under a single FBO structure, giving issuers and fund managers a consistent investor record.

How to get started

From intro call to funded account

1
Meet the Team

A member of our business development team schedules a call to introduce North Capital, discuss our custody services, and answer any questions you may have.

2
Account Agreement

NCPS provides the applicable agreement(s) and/or application to be reviewed and entered into.

3
NCPS Review

An NCPS principal reviews the applicable agreement(s) and/or application and performs a due diligence review to ensure the account can be opened. This review includes KYC and AML screening and verifications.

4
Account Opened

NCPS opens your custodial account once it has been approved by an NCPS principal.

5
Online Access

You receive an email from NCPS with instructions on how to set up your online access through the North Capital Portal. This gives you a real-time view into all of your open accounts at NCPS.

6
Support Team

The North Capital Custody Operations team is available for any questions you may have at custody-ops@northcapital.com.

Need escrow for your offering?

North Capital provides SEC Rule 15c2-4 compliant escrow for Reg D, Reg A+, Reg CF, and Reg S offerings, with transparent flat-fee pricing.

Explore Escrow →
Ready to open a custody account?

Our team will walk you through the process and answer any questions you have along the way.