Your assets are held at a 3rd party custodian, and we do not ever touch or hold your money.
For US Stocks, If Vested shuts down, you would still have access to all your cash and securities, as we will ensure that direct DriveWealth access is established for you to continue to buy or sell securities. In the highly unlikely event that Vested and DriveWealth shut down, your SIPC insurance kicks in. Each brokerage account opened with Vested is insured by SIPC (Securities Investor Protection Corporation) up to $500,000. This includes $250,000 in cash. For more details, please read here
For other asset classes – Vested Edge and INR Bonds, you will still have access to your cash and securities through our NBFC-P2P partners (for Vested Edge), and your INR Bonds holdings will persist in your demat account with NSDL/CDSL.