Directed Trust Services

A Partnership to Meet Client Needs

At Trillium Asset Management Corporation (”Trillium”) we manage investment portfolios for a broad array of individuals and institutions. We pay close attention to the details of each client’s circumstances and goals, carefully tailoring investments to meet specific needs. In order to broaden our wealth management capabilities, primarily in the area of trust services, we have partnered with The Bank of New York.

Through our partnership, The Bank of New York will provide trust administration services as Trustee, and Trillium will serve as your investment manager, directing the investment decisions for your trust portfolio.

The Bank of New York - Trust Expertise

Since its inception in 1784, The Bank of New York has been a leader in providing trust services to wealthy individuals.

  • Established expertise in administering all forms of trusts including:
    • Living and testamentary trusts
    • Standby trusts • Supplemental needs trusts
    • Charitable trusts
    • Generation skipping transfer trusts
  • Highly skilled professionals with an average of 15 years of experience at The Bank of New York
  • Specialists in trust, estate and tax planning, law, accounting, finance, and fiduciary real estate.

Innovative Fiduciary Solutions

The Bank of New York offers flexibility, and is pleased to serve in a fiduciary role designed to meet your needs. The Bank is prepared to serve as a Co-Trustee with other Trustees or as Agent for other Trustees in situations in which the Bank cannot be appointed to serve in a Trustee capacity.

Managing Your Trust

Together, Trillium and The Bank of New York will manage your trust assets to maximize the benefits to you and your heirs, while minimizing taxes and other expenses.

Develop Investment Parameters

The Bank will work with you and your Trillium advisor to develop investment parameters in line with the trust’s objectives and your beneficiary’s needs.

Professional Administration

Your trust will be administered by a dedicated Trust Officer who will:

  • Consult with your Trillium investment manager regarding account investment parameters, as required by pertinent Prudent Investor or applicable statutes
  • Make payments as directed by the trust document
  • Determine appropriate supplemental distributions to designated beneficiaries
  • Analyze tax issues, implement tax strategies, prepare and file tax returns
  • Effect timely distribution of assets to the final beneficiaries of the trust Maintain comprehensive records

Custody Services

The Bank of New York will not only serve as trustee, but will also safeguard your assets as custodian. The Bank is the largest custodian in the world, with over $6 trillion in assets under administration.

Additional Fiduciary Services

Real Estate Services

For trusts holding real estate, an officer from the BNY Fiduciary Real Estate Division will work with your Trust Officer to help manage the property. Unlike other professional fiduciaries, the Bank excels at holding and managing real estate assets.

Special Asset Services

Unique issues may arise with respect to trusts holding special assets, such as partnerships and closely held corporations. The Bank will manage each situation on a case-by-case basis.

Clients with substantial wealth often require specialized solutions to satisfy numerous and complex demands. We understand these requirements and have responded by creating a Trillium partnership with The Bank of New York. Through this relationship we can bring you the unique combination of innovative asset management through Trillium with the experience, expertise, and financial strength of The Bank of New York. Together we can meet your objectives, both now and in the future.

For more information on Directed Trust Services, please call:

Lisa MacKinnon
Trillium Asset Management Corporation
617-423-6655

or

Katherine Hastings
The Bank of New York
212-408-7775


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