ModernAdvisor never holds any of your money, it is held at one of our independent custodians, Credential Securities Inc. or CI Investment Services Inc. Both are a fully licensed members of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF). In the unlikely event that ModernAdvisor ceases operations, your account will remain with the custodian. Since many other investment advisors use these custodians it would be a quick process to transfer your account to another advisor, or liquidate it for cash at any time.