trust companies
Wealth management firms
Trust companies are financial institutions that manage assets on behalf of others, acting as trustees, executors, or administrators.
They handle estates, oversee trusts, manage investments, and provide fiduciary services for individuals and organizations.
Many operate as divisions of banks: The trust company managed her grandfather's estate for decades.
- wealth managementOverseeing affluent clients' finances
- willsLegal inheritance documents
- bankingFinancial institution transactions
- fiduciary dutyObligation to act loyally
- fiduciary responsibilityDuty to act loyally
power of attorney · portfolio · escrow accounts · probate · safe deposit boxes · executors · beneficiaries · board of directors · settlor · estate tax · succession planning · diversification · vaults · inheritance · guardianship · shareholder rights · asset allocation · private banking
trust companieshedge funds
Pooled alternative investment vehicles
loan sharks · commercial banks · brokerages · investment banks · brokerage firms
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