America's Most Advisor-Friendly Trust Companies 2024 - 28

2024 AMERICA'S MOST ADVISOR-FRIENDLY TRUST COMPANIES
PRAIRIE TRUST
Victor Schultz
President and Chief
Fiduciary Officer
Prairie Trust®
PO Box 648, Waukesha, WI 53187 * www.prairietrust.com
Prairie Trust®, a division of Waukesha State Bank, is a national
trust services provider with unrivaled expertise in Wisconsin Trust
administration.
Our expertise is demonstrated by our ability to handle difficult situations,
including special needs trusts (which we have handled on a national
basis), trusts subject to family friction (even with active litigation), and
estate settlements with complex requirements.
Because of our ability
to shadow post-trust
accounting transactions
with most national
custodians, advisors are
able to work with us and
utilize their preferred
custodian relationship.
In addition, we are proud
of our ability to handle
complex and difficult
trust administration
situations. This includes
our ability to administer
specialty trusts, such
as generation-skipping
transfer trusts (GSTs),
spousal lifetime access
trusts (SLATs), and
charitable lead trusts
(CLTs).
Our administrators average more than 20 years of experience. Our
president was involved in enacting the Wisconsin Trust Code as well as
the Wisconsin Trust Code Trailer Bill and is working on further legislation
to continue to improve the state's trust laws.
Trust Services
* In our open-architecture trust administration model, we accommodate
both directed and delegated investment management. In most cases,
investment assets can be held with the advisor's preferred custodian.
* We administer irrevocable, revocable, directed, delegated, life
insurance, and charitable trusts.
* We are willing to take on special-needs trusts of any size.
* Accounts may hold real estate, closely held business interests,
promissory notes, tangible personal property, life insurance, and other
specialty assets.
Estate Settlement
* Working with Prairie Trust puts your client's estate in the hands of an
experienced team of advisors which helps give loved ones peace of
mind.
* We work with other professionals to gather and value assets, pay
remaining debts, prepare tax returns, and distribute property as
specified per a will or trust.
* Our process is transparent and includes regular updates to
beneficiaries.
STRATEGIC FEATURES
RETIREMENT ASSET
ESTATE PLANNING
INCORPORATING ADVISORS
IN TRUST MANAGEMENT
28
STRUCTURES MAJOR
TRANSACTIONS TO LEGALLY
MINIMIZE OR DEFER TAXES
New business contact:
Terry Doyle
Director Fiduciary Sales
Phone: (262) 953-2435
Email: tdoyle@prairietrust.com
Victor Schultz
President and Chief
Fiduciary Officer
Email: vschultz@prairietrust.com
CONTACT
States chartered/licensed
in: Arizona, Illinois, Kentucky,
Maryland, Massachusetts,
Missouri, Pennsylvania,
Texas, Wisconsin
Average account size:
$1.1 million
Total assets: $1 billion
Custodians supported:
Works with all
Number of relationships with
advisors: 230+
Fees
Annual minimum fee: $4,500
Fee Scale (directed trust
services)
First $3 million
Next $2 million
Next $10 million
Next $10 million
Next $25 million
Over $50 million
0.50%
0.40%
0.25%
0.20%
0.15%
0.10%
Fee scale (delegated trust
services)
Delegated trust fees are the
above, plus 15 bps on the first
tier and plus 5 bps on each
successive tier.
Number of in-house experts:
Trust professionals and
attorneys: 4; Juris Doctors,
4; Certified Trust & Fiduciary
Advisors, 2; Certified Financial
Planner™ professionals, 3;
Certified Public Accountants
Trust accounting system:
FIS AddVantage
Supports directed trusts: Yes
Supports delegated trusts: Yes
Typical timeframe for
acceptance of new trust: 5
business days
Marketing support includes:
Fact sheets, face-to-face
meetings (with advisors,
clients and prospects),
presentations, training
and education for financial
professionals, quarterly
e-newsletter and dedicated
support team
http://www.prairietrust.com http://www.prairietrust.com
America's Most Advisor-Friendly Trust Companies 2024

Table of Contents for the Digital Edition of America's Most Advisor-Friendly Trust Companies 2024
