We offer a curated collection of updates, insights, and practical tools designed to keep advisors and attorneys informed in a rapidly evolving fiduciary landscape. From changes in trust law and regulatory developments to best practices in administration and planning, this section provides clear, actionable information that supports your work and strengthens client outcomes.
It’s a challenge every financial advisor faces at one time or another. Wonderful, wealthy couples who have been your most loyal clients pass away at a ripe old age. All the wealth they’ve accumulated is now transferred into a trust for the benefit of their children. Best case scenario: The kids know you very well […]
Every advisor knows having a choice, or an open architecture platform allows them to make wise client choices. Normally financial advisors are focused on investment choices around open architecture platforms. But, it should also be linked to trust law or the state trust law best aligned for a client's needs today and for multi-generational planning.
Let’s make this clear: The investment-only advisor is going the way of the dinosaur. The financial planning-centric financial advisor will be treated like a celebrity by their clients and by supporting vendors (e.g., friendly trustees). Allowing for a growing financial advisor practice.
When it comes to describing trust administration, most people wouldn’t say what they do is “fun” or “disruptive.” But Wealth Advisors Trust Company does. And that’s a big reason why clients of this South Dakota-based company enjoy using their trustee services. Let’s face it. Trusts have been around for centuries. It’s an industry steeped in […]
[Side note: Term paper submitted by Christopher Holtby for his Harvard 2022 Spring semester class.] Introduction to America's economic lemons and lemonade Unlike one's first Alcoholics Anonymous meeting, America remains mute, unable to admit or even discuss that critical economic problems exist. America's 1% believes everyone wants to take or control their money. The other […]
You are a successful advisor. Like any superstar athlete practicing the fundamentals, this article adds a few extra tools to keep your winning. I have ADD, so each section lists the device in the first sentence.
" But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There's a problem, though: They are dancing in a room where the clocks have no hands." Warren Buffet
I have no dog in this hunt arguing whether $50 million is or is not the Goldilocks net worth amount for you. What is the Goldilock’s net worth amount in America? It’s partly the money. This essay argues two issues: (1) why the optimal net worth amount equals $50 million, and (2) does a definition […]
Making waves in the 700-year-old trustee industry since its founding, Wealth Advisors Trust Company (WATC) has proven that not abiding by the status quo can lead to a mountain of success. The New World Report 2021 Awards look at the results, and WATC was awarded the Most Pioneering Trust Administration Company - USA award. […]
Everybody wants to know whom to choose for their financial planning needs. Finding a financial advisor best suited for your needs can be tricky. As a trust company created for wealth advisors, we celebrate success.
