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How are client assets protected in the event Choice by KT closes?

It is important to note that Choice by KT acts only as a custodian for the assets held inside a Choice by KT account. A client’s assets are not the property of Choice by KT and are not physically held in a corporate facility. In the event that Choice by KT closes, the assets would be transferred to another federally approved custodian for the benefit of the account holder.