Expand Your Offering and Strengthen Client Relationships With Private Label Nevada Trust Administration
If you’re currently outsourcing your trust administration services to other companies, now is the time to bring them under your branding. Many financial institutions including law and accounting firms, banks, and brokerages don’t have a branded trust solution to keep client relationships strong.
Alliance Trust Company of Nevada wants to change that.
By using our trust administration services under your brand with our Private Label Trust Administration service, you’re able to provide a trust administration infrastructure to your clients while keeping wealthy families under your umbrella.
Why Use Private Label Trust Administration?
A Turn-Key Solution
Attempting to build a trust company on your own is a significant, time-consuming undertaking with significant demands on corporate, capital, human resources, operating infrastructure and regulatory compliance.
On the other hand, sending your clients to outside companies to manage their family trusts often weakens your long-term relationship with them.
So, how do you provide your clients the benefits and advantages of trust strategies without damaging the relationship you have worked so hard for years to build?
By using Alliance Trust Company of Nevada’s Private Label Trust Program, you can quickly provide trust administration services to your clients with little or no cost up front. In addition, you’ll start generating revenue from your trust relationships at a fraction of the cost of building your own internal trust company. Most importantly, your clients receive the unique benefits of Nevada-based estate planning while you maintain and deepen your client relationship.
Consistent Branding and Client Experience
The communication that your client receives regarding their trust will always highlight your company’s branding and have the same look and feel as your current collateral. When you use Alliance’s Private Label Service, the fiduciary decisions related to the trust are made in Nevada, but you continue to perform all of the client relationship management, asset management, and related activities. From a client perspective, their advisor experience remains the same, with the added benefits of Nevada trust planning.
Additional Estate-Planning Services
Alliance Trust Company of Nevada offers a full range of trust and estate planning services under private label including fiduciary administrative functions and compliance, custodial services, asset management, recordkeeping, trust distributions, tax services, fiduciary liability and more.
Again, by providing comprehensive estate planning services to your clients, their commitment to your institution is strengthened, and you’ll be able to retain that relationship for many generations.
Other Business Benefits of Expanded Trust and Estate Planning Services
Private label services will allow your company to focus on its core business and increase service offering at the same time. Not only does this increase the business you’re doing with your clients, but it gives your organization a competitive advantage in the marketplace.
You gain the administrative infrastructure of Alliance Trust Company of Nevada while leveraging our trust and marketing experience.
Offering trust services to your clients via Alliance Trust Company of Nevada is a smart move for any organization and a great benefit to your clients. Nevada has the most wealth-friendly trust laws in the world offering flexibility and privacy, with external asset managers.
Nevada trust laws allow for self-settled spendthrift trusts, asset protection trusts, and dynasty trusts. Additionally, there are no individual or corporate income taxes, or estate taxes in the state of Nevada.
Why Alliance Trust Company of Nevada?
At Alliance Trust Company of Nevada, we work with attorneys, CPA’s, financial advisors, brokers and insurance professionals globally to provide flexible trustee services and benefits on a third-party basis.
Alliance Trust Company of Nevada is an independent trust company – we are not an affiliate or subsidiary of any brokerage, bank, or insurance company, which enables us to engage our clients and their teams of professionals without corporate interference or product motives.
Take Advantage of Alliance’s Private Label Trust Services
A competitive practice advantage is necessary in today’s ever-changing world, and making your company a one-stop financial and professional services shop for your higher-end clients will position you and your client’s for continued success.
To learn more about how Alliance Trust Company of Nevada can help you expand your service offering and retain clients for years to come, contact us today!