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The personal trust market is growing.
Are you ready to play a role?
Personal trusts are an increasingly popular wealth management and estate-planning tool. Driven by the nation’s growing affluence and the desire to protect and pass on wealth, growing numbers of people are creating trusts to help them manage their money and their legacy. According to consulting firm Tiburon Strategic Advisors, assets held in personal trusts totaled $3.3 trillion in 2005 and should reach $10 trillion by 2010.
For financial advisors like you, this represents a significant opportunity. Thanks to your intimate understanding of your clients’ investment goals and your proven expertise in building and managing investment portfolios, you are the ideal choice to manage your clients’ assets when they put them in trust.
This wasn’t always the case. For years, the trust business was dominated by banks that not only administered trusts but also insisted on managing assets and serving as custodian. Advisors helping clients set up trusts effectively gave away their business.
Today that’s all changed. AST Capital Trust works with financial advisors to offer trust services that preserve the advisor-client relationship. Under our advisor-friendly business model, we handle administrative duties for your clients’ trusts and also serve as the legal trustee. You continue to manage the assets held in those trusts.
Our experience is your advantageOur vast experience ensures you’ll be able to meet your clients’ needs efficiently and effectively. In fact, many banks and other financial institutions, rather than operate their own trust departments, contract with us to provide trustee and trust administration services for them. We’re also the trustee for, and provide administrative services to, The U.S. Charitable Gift Trust™. www.uscharitablegifttrust.org.
Build your business nowWith us as your partner, helping your clients establish personal trusts no longer means losing business. Instead, it becomes an opportunity to broaden and deepen your relationship with them by offering trust services. Whether your clients are establishing new trusts or transferring existing trusts, we can help.
To find out more about all that we offer—and all that you can become for your clients—click here for AST Capital Trust representatives who specialize in personal trust services. Together, we’ll take your business to new levels.
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