Be the first to like this
The Private Trust Company is an independent trust company dedicated to the administration of trusts and other family wealth arrangements such as family offices, businesses and foundations. The Private Trust Company dedicates its attention to serving the clients of financial advisors, delivering trust services and applying their high-quality service to every step of the trust administration process. PTC specializes solely in providing administrative fiduciary services and currently serves in a fiduciary capacity for over $60 billion in assets.
Regulated and examined by the Office of the Comptroller of Currency, a division of the U.S. Treasury Department, The Private Trust Company is a member of the Federal Reserve Bank and is audited by Deloitte. Acquired in February 2003, The Private Trust Company manages trusts and family assets for high-net-worth clients and is licensed in all 50 states under its 1995 national banking charter. The bank does not engage in any lending or deposit taking, specializing solely in providing administrative fiduciary services. Accounts at The Private Trust Company are insured by an insurance consortium and include a fiduciary bond of up to $15 million per occurrence without limit on the number of occurrences.
Advantages of Choosing The Private Trust Company:
Experienced and knowledgeable trust officers with backgrounds in law, accounting, banking, investment management, tax and business.
Trust officers who are sophisticated professionals with objective family sensitivities.
Chartered as a national bank devoted solely to trust services
Regulated and examined by the Comptroller of the Currency, audited by independent auditors and bonded to protect your assets.
Able to provide trust services in all 50 states.
The Private Trust Company is designed to work with your financial advisor as a team player, providing timely and accurate statements to you and your other advisors.
The Private Trust Company helps you develop a written investment policy statement to provide a clear understanding of your goals, objectives and guidelines for the trust.
Accounts are reviewed annually and investment policies are revised as appropriate to reflect changes to the portfolio, client circumstances and markets.
Wholly owned by LPL Holdings