A Senior-Led ADR Practice for Programs That Demand Care

Corinthian Partners maintains a specialized American Depositary Receipt (ADR) services capability built for transfer agents, depositary banks, and foreign issuers that want a U.S. counterparty engaged with their program at a senior level. Our coverage spans both sponsored and unsponsored ADR programs across the principal emerging markets and the developed world, and is delivered with the same discipline our institutional clients receive across the rest of the firm.

Where larger institutions treat ADR work as a backroom function, Corinthian treats it as a relationship: every program is owned by a senior banker, every inquiry is answered, and every counterparty knows whom to call. That is the difference our partners and depositaries tell us they value most.

Engaged at a senior level. Sponsored and unsponsored programs. Built for partners who want their U.S. counterparty paying attention.

Where We Add Value

Corinthian’s ADR coverage is purposely limited, administrative, and program-specific, and that focus is exactly what makes us useful. We support our partners on the recurring oversight, documentation, and counterparty work that ADR programs generate, and we do it inside a written scope letter, on a defined service cadence.

• Sponsored ADR program support for depositary banks and transfer agents that require a senior, U.S.-based broker-dealer counterparty.
• Unsponsored ADR coverage where U.S. market intermediation is required for the program to function.
• Program-onboarding diligence and documentation review for newly-listed or migrating programs.
• Ongoing oversight of administrative tasks tied to the sponsored or unsponsored program lifecycle, performed under written supervisory procedures.
• Coordinated U.S. distribution support, where appropriate and at the partner’s election, through the firm’s Capital Markets and Institutional Trading desks.
• A single senior point of contact for the program, no rotating analysts, no escalation queues.

Who We Serve

• Depositary banks running sponsored and unsponsored ADR programs.
• SEC-regulated transfer agents seeking a senior U.S. broker-dealer counterparty.
• Foreign issuers exploring U.S. capital-markets visibility through an ADR or alternative public structure.
• Asset managers and family offices with concentrated ADR exposures requiring institutional-quality execution support.

Why Corinthian

Most U.S. broker-dealers either decline ADR mandates outright or assign them to staff who do not have the seniority to make the program run smoothly. Corinthian is built on the opposite premise. The firm has been continuously registered with FINRA since 1996, our partners average more than thirty years on Wall Street, and our scale is, by design, the right size for engagements where senior bankers, not coverage layers, drive the relationship.

What we do not do, by policy, is interact directly with retail ADR holders, custody or issue physical ADR certificates, or perform any function reserved to the depositary itself. That clarity of role is precisely why our partners trust the engagement.

Discuss a Program

Programs vary; mandates vary; pricing follows scope. Existing and prospective ADR partners are invited to contact the firm directly for a scoped, no-obligation conversation. ADR program inquiries are routed through the contact form below to Corinthian’s ADR Services Desk and answered, on average, within one business day.