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Trust Services - Advisor

You've worked hard as a financial advisor to build and preserve wealth for your clients. You've invested time, energy and a lot of yourself into building the kind of relationship with your client that puts their needs first. You know that relationship and results are what matter. Now that it's time to consider trust services, you risk losing the relationships that you built, simply because your client's trust or estate is to be administered by a traditional bank trust department.

MutualWealth Management Group is unique in offering non-custodial, broker-held trust relationships. Our service allows you to provide investment management and custody services, while we provide trust administration and tax preparation services. MutualWealth Management Group will serve as trustee and oversee compliance and regulatory requirements. We are willing to accept trust relationships of a smaller size than most traditional corporate trustees and allow you to maintain your role as the investment officer, ensuring that your relationship with your client remains with you, their trusted advisor. Our goal is to give you independence and autonomy, while providing the oversight necessary to keep the management of the trust within proper fiduciary guidelines.

Professional Advisor Trust
The utilization of a trust is an effective tool many individuals use to protect their legacy while gaining significant tax savings. In traditional trust accounts, banks provide trustee services, account administration, investment management and asset custody. But, some clients are more comfortable working with their long-time investment advisor or broker. Our approach to trust and estate administration allows your clients to do just that.

Types of Trust Accounts:

  • Irrevocable trusts
  • Charitable remainder trusts
  • Irrevocable life insurance trusts
  • Charitable trusts
  • Employee benefits
  • Retirement plans
  • Qualified retirement plans

Included Services:

  • Continuing investment review and analysis as directed by the trust document
  • Monitor custody of assets, collection and reinvestment of income
  • Supervise receipt of stock dividends, exchanges, splits and other capital changes
  • Scrutinize accurate and timely execution of securities transactions
  • Provide quarterly consolidated statements of transactions and investments
  • Assess clients ongoing financial needs
  • Maintain tax records
  • Prepare the annual tax information letter
  • Payment of personal bills from account directly to service providers as needed
  • Execute all trust provisions as directed by the applicable document

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