TD Ameritrade Institutional’s Advisors Private Wealth Trust Receives 2016 Wealth Management Industry Award
November 02 2016 - 09:00AM
Business Wire
Advisors Private Wealth Trust, a Strategic
Alliance Formed with National Advisors Trust Company in 2015,
Established Relationships with More Than 300 RIA Firms in its First
Year
TD Ameritrade Institutional’s1 Advisors Private Wealth Trust, a
program that provides trustee services to independent registered
investment advisors (“RIAs”), was named a winner of the Wealth
Management 2016 Industry Awards in the Trusts category by Wealth
Management magazine.
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Wealth Management is a leading news and information source for
financial advisors. The annual awards program honors outstanding
achievement by companies and organizations that support financial
advisors. Advisors Private Wealth Trust was named the best new
trusts platform among nominees from across the financial services
industry.
“Providing trustee services helps RIAs meet the needs of
investors looking to preserve their family’s wealth for future
generations. With Advisors Private Wealth Trust, we give RIAs a
better way to capture these opportunities, provide a better
experience for clients and reduce the risk that trust assets will
move on to another provider when the generational transfer takes
place,” said Jim Dario, managing director of product management and
services at TD Ameritrade Institutional. “Our program lets RIAs
provide independent, impartial oversight from a committed,
dedicated trustee for their clients’ trusts.”
TD Ameritrade created the Advisors Private Wealth Trust program
with National Advisors Trust Company, FSB, an independent company
founded by RIAs to help other RIAs offer trust services in all 50
states and which does not compete with RIAs as investment managers.
The program features a Dedicated Trust Consultant to assist
advisors and employs a directed trust model, which gives advisors
fiduciary responsibility over a trust’s investments.
The program also is fully integrated with TD Ameritrade’s back
office, which manages disbursements on behalf of RIAs and their
clients. TD Ameritrade announced its strategic alliance with
National Advisors Trust in January 2015. In its first year,
Advisors Private Wealth Trust formed relationships with more than
300 RIA firms.
“As Baby Boomers age, demand for trust services will only
increase, particularly among high net worth investors,” said Jim
Combs, president and chief executive of National Advisors Trust
Company. “With Advisors Private Wealth Trust, RIAs can grow their
businesses and gain a share of the wealth set to be transferred
between generations. Advisors Private Wealth Trust helps advisors
build stronger relationships with the next generation and puts them
in a better position to keep the assets they already manage.”
Building relationships with the next generation of clients is a
key factor in the sustainability of RIA firms: 66 percent of heirs
fire their parents’ advisor after they inherit their parents’
wealth, according to a recent industry study.2 Offering trust
services can also help attract new clients: an estimated 78 percent
of investors with more than $1 million in net worth use trust
services.3
To Learn MoreThe Advisors Private Wealth Trust program is
available exclusively to RIAs working with TD Ameritrade
Institutional. For more information, call (844) 326-1515 or send
email to APWTsupport@tdameritrade.com. Advisors Private Wealth
Trust is a Trust Representative Office of National Advisors Trust
Company, FSB (NATC).
1 TD Ameritrade Institutional is a division of TD Ameritrade,
Inc., a brokerage subsidiary of TD Ameritrade Holding Corporation.2
“The Great Wealth Transfer is Coming, Putting Advisers at Risk,”
Investment News, July 13, 20153 SEI Investment Management,
2014.
About TD Ameritrade InstitutionalTD Ameritrade
Institutional is a leading provider of comprehensive brokerage and
custody services to 5,000 fee-based, independent registered
investment advisors and their clients. Our advanced technology
platform, coupled with personal support from our dedicated service
teams, allows investment advisors to run their practices more
efficiently and effectively while optimizing time with clients. TD
Ameritrade Institutional is a division of TD Ameritrade, Inc., a
brokerage subsidiary of TD Ameritrade Holding Corporation.
About TD Ameritrade Holding CorporationMillions of
investors and independent registered investment advisors turn to TD
Ameritrade’s (Nasdaq: AMTD) technology, people and education
resources to help make investing and trading easier. Online or over
the phone. In a branch or with an independent RIA. First-timer or
sophisticated trader. Our clients want to take control, and we help
them decide how - bringing Wall Street to Main Street for 40 years.
An official sponsor of the 2016 U.S. Olympic and Paralympic Teams,
as well as an official sponsor of the National Football League, TD
Ameritrade has time and again been recognized as a leader in
investment services. Visit TD Ameritrade's newsroom or amtd.com for
more information.
Brokerage services provided by TD Ameritrade, Inc., member FINRA
/ SIPC
About National Advisors Trust CompanyNational Advisors
Trust Company, FSB, is a premier, independent national trust
company providing expert trust services and solutions to trusted
advisors and the families they serve. NATC is an operating entity
of National Advisors’ family of companies which also includes:
National Advisors Trust of South Dakota, Inc.; National Advisors
Concierge Services; and National Advisors Holdings, Inc. Enriching
lifelong relationships unites and unifies the professional staff of
National Advisors. We embrace our clients with this common purpose,
delivering a seamless, consistent experience across our family of
companies.
TD Ameritrade, NATC, and Wealth Management magazine are separate
and unaffiliated companies and are not responsible for each other’s
policies and services.
Advisors Private Wealth Trust is a Trust Representative Office
of National Advisors Trust Company, FSB (NATC). TD Ameritrade and
NATC are separate and unaffiliated companies and are not
responsible for each other’s policies and services.
Source: TD Ameritrade Holding Corporation
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version on businesswire.com: http://www.businesswire.com/news/home/20161102005163/en/
TD AmeritradeJoseph A. Giannone, 201-369-8705Communications +
Public Affairsjoseph.giannone@tdameritrade.com
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