HAA is a financially secure, stable business. However, we believe our customers deserve additional assurance that their assets are safe and secure. To address this concern, HAA has entered into agreements with each of our vaulting partners (Malca Amit, Brinks, and Loomis) which specify that the metal held in HAA's account at each vault location is owned solely by HAA's customers and is stored for the customers' benefit in what is known as “bailment”.
Should HAA become insolvent, our vaulting partners understand and have agreed to take direction from the courts which would oversee that process.