Why Your Firm Needs to Offer Trust Services

Over the next 30 years, an estimated $30 trillion in assets will pass from baby boomers to the next generation. Wealthy clients are planning for the ultimate disposition of their assets. In many cases, these estate plans utilize trusts and trust services to control how the assets are distributed to spouses and children.

Advisors risk losing their most important clients to large financial organizations if they don’t have the ability to serve as a corporate trustee.