With all the different financial service providers out there, each one is chomping at the bit to get a piece of your portfolio. Often times, investors can find themselves with their assets scattered about at different banks, insurance companies and brokerage firms. As a result, it becomes quite the exercise to coordinate and deal with different people in various aspects of your finances.
At Price Wealth Management, we want to help consolidate your trust accounts at the different institutions your using and work closely with your attorney and accountant. This will allow us to forge a document that will hold water and become rock solid.
Price Wealth Management Advisors work closely with clients who require a corporate trustee. Our advisory firm leverages the administrative trustee services from Charles Schwab Trust Company of Delaware (CSTCD). Advisors retain the right to make all investment management decisions for assets of eligible trusts, while CSTCD offers cost-efficient support by performing the fiduciary administrative duties for the trust.
Working closely with CSTCD, our clients benefit from the following:
Fiduciary administrative tasks include:
A trust is a legal relationship in which one or more persons or entities (trustees) holds legal title to property and manages it for the benefit of one or more persons or entities (beneficiaries).
A trust can potentially accomplish a wide variety of objectives:
There are many types of trusts available, depending on your and your family’s unique needs. Your attorney or estate planner can help you determine which type of trust is the best choice for you; your NWP Advisor can help you establish the trust with our trusted Custodian.