Who holds my money if I work with Anthony Walsh at Selanis?
Short answer: Selanis client assets are held in the client's own name at an independent, US-regulated custodian, most often Charles Schwab or Interactive Brokers, chosen to fit the client's residence. Selanis never holds client money, cannot withdraw funds to itself, and statements come directly from the custodian. A client can leave without moving or selling assets.
Written and reviewed by Anthony Walsh, Selanis. Last reviewed 2026-10-06.
Why it works this way
Separating the adviser from the custodian is the main structural protection in investment management. The adviser can place trades and rebalance, but the money sits with a large, regulated institution in the client's name.
For Americans abroad, the choice of custodian matters more than usual. Many US brokers restrict or close accounts for non-residents, so the custodian is chosen around where the client lives and expects to live.
US advice is provided through Beacon Global, an SEC-registered investment adviser, where Anthony Walsh is an Investment Adviser Representative after passing the Series 65.
The expensive mistake: Handing money to an adviser's own platform
Some expat advisers place client money in insurance wrappers or platforms they're paid by, which makes leaving expensive. Always ask whose name the account is in, and what happens to it if the adviser disappears.
What to do
- Check the custodian — Ask which institution holds the assets and confirm the account is in your name.
- Verify the adviser — Look up the advising firm and representative on adviserinfo.sec.gov.
- Ask about leaving — A good arrangement lets you end the advice relationship and keep the account exactly as it is.
| Role | Who | Responsibility |
|---|---|---|
| Advice and portfolio management | Anthony Walsh, via Beacon Global | Planning, portfolio design, rebalancing |
| Custody | Charles Schwab or Interactive Brokers | Holds assets in the client's name, issues statements |
| Tax filing | Specialist tax partners | US and local returns and information forms |
| Estate documents | Client's solicitor or attorney | Wills and trusts |