For RIAs and Family Offices
Custody for the Private Funds Your RIA Runs
AET is qualified custodian for your funds. We hold the assets, send statements to every investor, and keep the records your examiner asks for.
Pick a Custody Tier for Each Fund
Document Custody
AET safekeeps fund documents and original instruments. Assets stay titled to the fund, and the fund gets a cash account and asset register.
Full Custody, Audit Route
AET is qualified custodian and assets are retitled to AET. The fund sends audited financial statements to investors, and we track the deadline with you.
Full Custody, Exam Route
AET is qualified custodian and sends quarterly statements to every investor. Each fund gets a delivery log and an exam export package.
Step by Step
Set up each fund once. Different funds can use different tiers.
What AET Holds for a Fund
Each fund gets its own account at AET. Run one fund or ten under the same firm.
- LP interests and private placements
- Real estate and promissory notes
- Private credit
- Fund cash, with wires, ACH, and checks
- Original documents in our vault
Statements to Every Investor
On the Exam Route, AET sends a fund-level statement to each investor on your register every quarter. Your own investor letters and GP reports keep going out as they do today.
- Quarterly statements from AET to every investor
- Delivery by investor portal, email, or mail
- Per-investor delivery log
- Exam export package for each fund
Run Your Funds in the Business Portal
Add a fund, onboard investors, and move money from one dashboard. Each fund shows its asset value, cash, and investor count at a glance.
- Add funds and set the custody tier
- Onboard investors with AML and KYC checks
- Subscription documents through DocuSign
- Capital calls and distributions
- Ledger, assets, documents, and investors for each fund
- Role-based access for your team
Connect Your Systems With the Trust API
Firms that want to automate fund operations can connect directly to AET. Open accounts, onboard investors, and pull reporting from your own platform.
- Open fund and investor accounts by API
- AML and KYC results returned as structured responses
- Statements and audit trails on demand
- Sandbox and full documentation
Why RIAs Use AET
AET is a Nevada-chartered trust company, examined by the Nevada Financial Institutions Division. We hold private assets for advisors and their clients every day.
- Qualified custodian for private funds
- Built for LP interests, real estate, and private credit
- Works alongside your fund administrator and auditor
- SOC 1 Type II and SOC 2 Type II audited controls
- The same team from fund setup through every quarter
Further Reading
Where AET Fits as a Qualified Custodian for RIAs
When AET can serve as qualified custodian for private and alternative assets held by RIAs, and how to confirm the answer if you are state-registered.
Learn more →What the 2026 Custody Rule Proposal Means for Private Fund Advisers
On October 1, 2026, the SEC proposed amendments to the custody rule. Here's what would change for private fund advisers, what stays the same, and what to do before comments close on December 7.
Learn more →Automating Private Asset Custody for Wealth Managers
With AET's Deals platform, wealth managers can facilitate client access to exclusive deals, automate complex multi-investor workflows, and scale private asset practices without scaling headcount.
Learn more →Private Fund Custody for RIAs
Bring Your Next Fund to AET
