America's Most Advisor-Friendly Trust Companies 2024 - 23

2024 AMERICA'S MOST ADVISOR-FRIENDLY TRUST COMPANIES
FIDUCIARY
TRUST OF NEW
ENGLAND
Michael N. Costa
President and CEO
Fiduciary Trust of New England
1155 Elm St, Manchester, NH 03101
www.fidtrustco.com/trusts-nh
WHY NEW HAMPSHIRE?
New Hampshire is one of the premier trust jurisdictions due to its progressive
laws around:
* Directed trusteeships
* State tax advantages
* Asset-protection trusts
* Sustainable investing in trusts
* Dynasty trusts
* Delegation of duties
* Efficient administration and modification of trusts
As the premier
independent provider
of New Hampshire
trust services, advisors
come to Fiduciary for
our open-architecture
trust services, including
directed and delegated
trusts, and private
trust company hosting
services. Along with
the advantages of New
Hampshire's trust laws,
we provide experienced
trust professionals, a deep
bench of internal legal
and tax resources, and a
flexible operating model
that can be tailored to
complement the services
provided by the advisor. In
this way, we help advisors
retain existing clients,
capture a greater share
of wallet and expand
their practices by offering
a comprehensive trust
solution.
BUSINESS
STRATEGY
STRATEGY
VISION
BUSINESSMAN
IDEA
ACHIEVEMENT
CAPITAL
FINANCIAL ADVISOR
MANAGING
TAX
INNOVATION
BOARD MEETING
PRODUCTIVITY
QUALITY
FINANCE
DIRECTION
DECISION MAKING
PLANNING
BANKRUPT
GLOBAL BUSINESS
WALLET
COLLABORATION
SUCCESS
Unlike some other trust-favorable states, NH also has a dedicated trust court. This
means that if issues arise, they are reviewed by judges with deep trust expertise
and are in turn, resolved more quickly. For more info: fidtrustco.com/trusts-nh.
WHY FIDUCIARY TRUST OF NEW ENGLAND?
Together with our Massachusetts affiliate, we have been partnering successfully
with financial advisors, attorneys, accountants and family offices for decades.
Some advantages to working with us:
* Talented Professionals with 20+ years in the business on average. We have
sizable teams of legal, tax and other specialists to support our trust officers
and clients.
* Experience Partnering with Third-Party Advisors in our capacity as
directed or delegated trustee and/or custodian. We have over $14 billion in
assets under these types of arrangements. We respect our partners and do not
compete with them.
* Quality Custody Services available enabling us to provide high-touch
support to advisors and quality service to their clients. We also work with
third-party custodians.
* Flexible Range of Services including directed trustee, estate settlement, tax,
custody, investment management, private trust company support services and
access to donor-advised funds.
* Integrity and Stability as we are part of an independent firm owned by current
and former employees, directors and clients, with a steadfast commitment to
serving in our clients' best interests. We have been consistently profitable for
decades and are focused solely on the wealth management business.
STRATEGIC FEATURES
47 ED I T A B L E L I N E I C O N S S E T
PROJECT
COMPREHENSIVE ESTATE
PLANNING FOR ULTRA-HIGHNET-WORTH
CLIENTS
CREATION OF ASSET
PROTECTION TRUSTS
CONTRACT
DIGITAL ASSET ESTATE
PLANNING
GROWTH
BUSINESS
STRATEGY
ORGANISATION
STRATEGY
VISION
BUSINESSMAN
IDEA
TIME IS MONEY
GUIDANCE
FINANCIAL STRATEGY
DECREASE
MONEY SEARCH
CALENDAR
REPORT ANALYSIS
47 ED I T A B L E L I N E I C O N S S E T
INVESTMENT
ORGANISATION
PRESENTATION
BUSINESS
STRATEGY
PROBLEM SOLVING
ACHIEVEMENT
CAPITAL
ADVERTISING
ESTATE PLANNING FOR
BLENDED FAMILIES
ACHIEVEMENT
CAPITAL
FINANCIAL ADVISOR
MANAGING
TAKE OVER
QUALITY
FINANCE
DIRECTION
TIME IS MONEY
REPORT
WORKFLOW
STRATEGY
ESTATE PLANNING FOR HIGHNET-WORTH
INDIVIDUALS
REVENUE
VISION
DEFENSE STRATEGY
BUSINESSMAN
DECISION MAKING
IDEA
PLANNING
BANKRUPT
PROJECT
CONTRACT
REPORT ANALYSIS
INVESTMENT
ORGANISATION
FINANCIAL ADVISOR
MANAGING
FOUNDATIONAL ESTATE
PLANNING
TAX
INNOVATION
GLOBAL BUSINESS
BOARD MEETING
WALLET
PRODUCTIVITY
COLLABORATION
GROWTH
SUCCESS
QUALITY
FINANCE
DIRECTION
TIME IS MONEY
GUIDANCE
FINANCIAL STRATEGY
DECREASE
MONEY SEARCH
DECISION MAKING
PLANNING
BANKRUPT
REPORT ANALYSIS
INVESTMENT
ORGANISATION
ADVERTISING
ORGANISATION
PRESENTATION
PROBLEM SOLVING
REPORT
WORKFLOW
CALENDAR
INTEGRATING ADVISORS IN
TRUST MANAGEMENT
GLOBAL BUSINESS
WALLET
COLLABORATION
SUCCESS
PRESENTATION
PROBLEM SOLVING
REPORT
WORKFLOW
REVENUE
GUIDANCE
FINANCIAL STRATEGY
DECREASE
MONEY SEARCH
CALENDAR
TAX-EFFICIENT PLANNING
FOR MAJOR TRANSACTIONS
ADVERTISING
TAKE OVER
U.S. ESTATE AND TAX
PLANNING FOR
REVENUE
DEFENSE STRATEGY
NONRESIDENT ALIENS
TAKE OVER
DEFENSE STRATEGY
23
TAX
INNOVATION
BOARD MEETING
PRODUCTIVITY
PHILANTHROPIC ESTATE
PLANNING
47 ED I T A B L E L I N E I C O N S S E T
PROJECT
RETIREMENT ASSET
ESTATE PLANNING
SUCCESSION PLANNING FOR
FAMILY BUSINESSES
CONTRACT
SUSTAINABLE ESTATE
PLANNING
GROWTH
ORGANISATION
New business contact:
Michael N. Costa
President and CEO
Phone: (603) 695-4321
Email: mcosta@fiduciarytrust.com
CONTACT
States
chartered/licensed
in: New Hampshire charter
issued: 2014
Massachusetts affiliate
charter issued: 1928
Average account size:
$5 million+
Total assets (AUA):
$23+ billion1
Custodians supported: Can
support most third-party
custodians; direct custody
also available through
Massachusetts affiliate
Number of relationships
with advisors: 100+1
Fees
Annual minimum fee:
$10,000
Delegated Trusts: 25-50 bps
Directed Trusts: 15-40 bps
Limited Activity Directed
Trusts: Flat fee based on
scale and complexity
Number of in-house
experts: 13 Juris Doctors
and Masters of Laws, 2
Paralegals, 13 Certified
Trust & Fiduciary Advisors
and Certified Financial
Planners, 16 Certified Public
Accountants and other tax
professionals
Trust accounting system:
FIS Global Plus
Supports directed trusts: Yes
Supports delegated trusts:
Yes
Typical timeframe for
acceptance of new trust:
2-7 days
Marketing support includes:
Consultation with Fiduciary
Trust experts, print and
digital marketing material,
white papers, sales pitch
assistance, videos, podcasts
1Measured group-wide, including
our affiliate Fiduciary Trust
Company (fiduciary-trust.com).
https://www.fiduciary-trust.com/contact-us/ http://www.fidtrustco.com/trusts-nh https://www.fidtrustco.com/trusts-nh https://www.fiduciary-trust.com/
America's Most Advisor-Friendly Trust Companies 2024

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