Spectrum Management Group, an independent boutique wealth management firm, has launched Spectrum Private Trust, providing trust solutions for clients whose financial, family or business needs require the services of a professional fiduciary.
The locally-managed service provides a trustee and investment management solution while helping families protect their wealth.
Through this offering, Spectrum Management Group is appointed the investment adviser, and Spectrum Private Trust is named as corporate trustee, co-trustee or adviser to the individual trustee, working directly with the client to manage trust assets and stay on track to meet overall objectives.
“For many individuals, serving as trustee comes with a surprisingly long list of legal and personal responsibilities. The tasks are tedious, time-consuming and interrupt their already busy lives. To that end, we are pleased to offer Spectrum Private Trust to shoulder the responsibility and allow a professional to focus on families’ hopes and dreams for the next generation,” says Leslie Thompson (pictured), managing principal at Spectrum Management Group. “Since the family relationship remains at Spectrum, we offer a more customised and personalised experience than an institutional bank trust department.”
Spectrum Private Trust is a trust representative office of National Advisors Trust Company, the largest federally chartered trust company created by registered investment advisers for the benefit of their clients.