9 ways advisers may have custody without knowing it
![An RIA may be deemed to have custody status if the firm is forwarding funds or securities to or from a third party on behalf of the client.
This includes receipt of a check payable to the adviser with instructions to pass the funds through to a custodian for investment.](https://s32566.pcdn.co/wp-content/uploads/2019/10/FREE_100509999_PH_5_XRYFHPGTMGBB.jpg.optimal.jpg)
An RIA may be deemed to have custody status if the firm is forwarding funds or securities to or from a third party on behalf of the client.
This includes receipt of a check payable to the adviser with instructions to pass the funds through to a custodian for investment.