Mandates
Three tiers, one limit framework. The stop, the record and your right to walk away are identical whether you pay us the least or the most, because charging anybody for those would be indefensible.
Authoring a mandate costs nothing. You pay only once something is genuinely in force.
Two things legitimately differ between a principal with one mandate and a reserve desk with forty: how much is being held, and how much of our operating team is reserved for you. Those are the only two axes we price on.
Choose by how many mandates you intend to hold in force — never by which protections you think you could live without.
One mandate, held properly
Principals and single entities putting a first continuous mandate in place.
A book of mandates, under one roof
Funds, treasuries and offices running several independent mandates at once.
Institutional scale, by arrangement
Sovereign allocators, reserve desks and institutions with bespoke governance obligations.
Figures are in USD and exclude any taxes that apply where you are established. Annual engagements are available at every tier and are quoted in writing before anything is signed.
If a vendor offers you a stronger stop at a higher tier, they have just told you what they believe a stop is for.
In every tier
Nobody receives a weaker stop for paying less. Ceilings, tolerances and automatic stand-down are identical across all three tiers, permanently.
In every tier
Append-only, attributable, complete and exportable without asking us. There is no premium tier of accountability, because that idea is indefensible.
In every tier
Leave at the end of any term with your full history and without a retention conversation. Portability is not a lever we are willing to pull.
You should be able to tell what a company believes by what it puts behind a paywall.
Protection is not an upsell. It is the reason the thing is allowed to run at all.
No hidden row and no footnote that quietly reverses a column. If something is included, the table says included.
| Commitment | Steward | Sovereign | Reserve |
|---|---|---|---|
| Live mandates | 1 | Up to 12 | Unlimited |
| Limit framework | Complete | Complete | Complete |
| Automatic stand-down | Included | Included | Included |
| Append-only record | Included | Included | Included |
| Export on demand | Included | Included | Included |
| Scoped administration | — | Included | Included |
| Committee reporting | Standard | On your cycle | On your cycle |
| Escalation path | Standard | Priority | Dedicated |
| Onboarding | Self-serve | Named lead | Named team |
| Contractual terms | Standard | Standard | Negotiated |
A mandate behaves identically whether it is your only one or your fortieth. Growth adds mandates; it does not alter how closely any single one is held.
Limit parity across tiers
Every tier receives the identical limit framework and the identical automatic stand-down.
Record parity across tiers
Append-only, attributable and exportable, at every price point, without exception.
Writing a mandate costs nothing and commits you to nothing. Holding one in force is the thing you are paying for, and you choose the second that starts.
Service commitments are contractual at Reserve and published as standard terms at Steward and Sovereign. In every case they are the same document you would be shown after signing, not a softer version of it.
The platform is engineered and measured against a 99.99% availability target.
When a decision belongs to a person, you are told promptly and told exactly what for.
The record is append-only. We cannot revise your history, and neither can anybody else.
Export in full, at any hour, without a request to us and without a fee.
The arrangement you agree to is the arrangement that persists for the term. Nothing contingent appears after signature, and no figure moves mid-term.
Both available at every tier. Annual engagements are quoted in writing before anything is signed.
Pricing holds for the full term, with no adjustment clause and no exception.
Leave at a term boundary with your record intact and without a penalty of any kind.
Nobody arrives here wanting software. They arrive wanting to stop being the last line of defence at two in the morning.
We started with one mandate deliberately, to find out whether the stop behaved as advertised. It did, on the first week it mattered, so we moved up.
Director of Investments
Endowment · United Kingdom
Twelve mandates, twelve separate records, one review meeting. That arithmetic is the entire reason we sit on Sovereign.
Treasurer
Industrial group · Germany
The Reserve negotiation was about obligations rather than discounts. That told us more about them than any figure on the page did.
Deputy Head of Reserves
Sovereign institution · Asia-Pacific
Pricing pages are where companies get vague. We would rather be dull and exact.
Begin
Sign in, write your first mandate, and read it back until every limit is exactly what you intended. Arm it when you are ready, and not one minute before.
Gold AI is operated by Ventureship. Gold carries risk; every limit on it is yours to set, and yours to lift.