Standard Custody & Trust Company, a NYDFS chartered company providing institutional-grade custody, escrow, and settlement services for digital assets, has formed a partnership with L1 Advisors, an onchain wealth management platform for financial advisors and their clients.
The collaboration provides financial advisors with a hybrid approach to digital asset custody, management, and advisory. The bundled product enables advisors to offer both discretionary and non-discretionary advice. Through the L1 platform, advisors can now monitor assets in qualified custody or in clients’ self-custodied wallets, granting access to a broader view of client portfolios.