Prior to accepting custody of an investment, STRATA completes a pre-custody check to make sure we can meet our custodial responsibilities and the administrative requirements of the investment. Once our check is complete, the investment is set up on our platform, and accountholders may direct their transaction by submitting the required transaction documents.
Remember, STRATA does not evaluate or perform any due diligence or suitability reviews on any investment or investment sponsor. Visit STRATA's Investment Onboarding page for detailed instructions by asset type.
In general, STRATA requires the following documentation to complete its pre-custody check.
| Asset Type & Investment Checklist | Investment Sponsor Documents Needed | STRATA Documents Needed |
|
Limited Liability Company (LLC) |
|
Private LLC - Private Investment Issuer Representation Letter OR LLC - Structured Real Estate Private Investment Issuer Representation Letter |
|
Private Stock (C-Corp Only) |
|
Private Stock - Private Investment Issuer Representation Letter |
|
Limited Partnership (LP) |
|
Private LP - Private Investment Issuer Representation Letter |
|
Corporate Debt (Notes, Bonds, Debentures) |
|
Corporate Debt/Convertible Note Private Investment Issuer Representation Letter |
|
Precious Metals |
|
Precious Metals Dealer Representation Letter |
Once the documents are received in good order, our pre-custody check is typically completed in 2–3 business days.