Financial Services Question
What is the difference between a "beneficial owner" and a "registered owner" of a security?
What is the difference between the two and how can you tell which category you fall under?
Asked by Dragonsbane in
Financial Services
9 months ago
Best Answer
872 points
CUWu answered 9 months ago …
An example of beneficial owners are brokerage firms who hold stocks for their clients - this is what's called a stock held in "street name", in other words, the name of the brokerage/
The registered owner is the client who actually bought the stock and is counted as a registered shareholder of the company.
I'm a registered owner ;)
