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TribalPartnerSMGaming facilities operated by Sovereign Indian Nations have been a financial boon to Indian tribes throughout the United States and have led to the creation of significant trusts for the benefit of their members. Advisors to these trusts can help them streamline their back-office responsibilities by partnering with AST Capital Trust and our Tribal PartnerSM service.
Modeled after our highly successful FoundationPartnerSM service, Tribal PartnerSM provides world-class unitization, cashiering, sub-accounting and performance reporting services for Indian Gaming Regulatory Act (IGRA) trusts for minors and adult trusts. Our unitization services are particularly useful for tribes that wish to establish multiple investment accounts for their trust assets, as they allow the trust to easily allocate assets among the many different trust programs, or sub-accounts, that benefit tribe members.
Other Tribal PartnerSM services include:Integrating data from multiple custodians into a unified feed that has been normalized to reduce redundancies and errors.
Providing performance reporting for individual accounts and groups of accounts.
Scanning investments statements and providing secure offsite storage of the electronic copies.
Providing custody and safekeeping of assets.
Maintaining complete, accurate and current records of all receipts.
Handling inflows and outflows of cash, including disbursements and third-party payments (cashiering).
Assisting in establishing trade execution and settlement.
Learn moreTo learn more about Tribal PartnerSM and the how it can contribute to the efficient management of your client’s IGRA and adult trusts, just click here to contact an AST Capital Trust representative specializing in Institutional Account Services.
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