Investment
Management Philosophy and Services:
A Tailored Approach
We believe that every customer has a unique set of investment needs. These unique needs are shaped by a combination of factors: how long they have to invest, their tolerance for risk, their current income needs, long-term growth objectives, as well as liquidity and cash management needs. We listen, and shape an investment solution which is tailored to each customer by:
- Assisting customers in defining investment objectives
- Developing a mix of investments to suit those objectives
- Communicating and reporting regularly on the performance of their investment portfolio
- Providing custody of assets
- Furnishing understandable, accurate and timely account statements
We believe each customer's unique investment needs can best be met by using the expertise of one or more investment advisory or asset management firms.
These firms are retained at our expense and their service and performance are monitored on a regular basis. Throughout this process, we retain full fiduciary responsibility for the oversight of the investment plan, its implementation and investment performance.
Selection of Investment Firms
In most cases, we will select the investment firm or firms to be used for each account. The decision will be based on several factors including the investment, servicing and communication needs of the account. In cases where the customer is in a legal position to request the use of a specific firm or firms (such as when they hold a 100% interest in the given account), those wishes will be respected.
Stand Alone or Administrative Duties Only
Customers who wish to maintain the services of their current money manager can also be assisted by the bank through an administrative services only role. A special fee arrangement reflects the limited scope of duties provided by Trust and Asset Management - whether the role includes acting as an agent for the customer or as a trustee of a revocable living trust established by the customer.
Customer Communication
Effective communication is the foundation of any relationship. What constitutes effective communication is personal and unique to each customer. With this in mind, we work with each customer to shape a specific Contact/Communication Plan that will meet their personal communication needs and preferences. Internet access to accounts is also available.
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INVESTMENT PRODUCTS: |
No
Bank Guarantee