Private Label Trust Administration
SDTC's private label trust administration services are available to investment management firms, brokerage firms, multi-family offices, family offices, insurance companies, and banks and/or custodians. Investment management professionals may use their own broker dealers and custodians, if desired. The key components of the SDTC's private label trust administration services are as follows:
Adding trust services to a financial institution's product and services offering not only increases assets under management, custody, lending, and/or insurance sales, but significantly increases the financial institution's ability to retain the client relationship for many years. A trust offering may also expand the financial institution's relationship with a family.
By providing trust services and products to it's clients, a financial institution prevents it's clients from going to it's competitors for trust services. Financial institutions with existing trust departments may want to bifurcate their service offerings by utilizing SDTC private label trust administration services for their dynasty trusts, premium tax trusts and other upscale trusts offerings.