Why Securian Trust
As a corporate trustee, Securian Trust Company brings experience, commitment and performance to the obligation of securing the legacies of our clients. Here are some of the factors that merit careful consideration in the selection of a trustee.
Skilled professionals
At Securian Trust Company, our trust administrators are all Certified Trust Financial Advisors (CTFA) and our trust portfolio managers are all Chartered Financial Analysts (CFA). They are educated, trained and experienced in the work of trust administration. That work includes interpreting and implementing the terms of a trust document, balancing the interests of multiple beneficiaries, using discretion in determining distributions, and maintaining objectivity to fulfill the goals of the grantor.
Higher standards of performance
Corporate trustees are chartered and regulated. As a professional organization, a corporate trustee is subject to regulation and industry standards established to ensure that clients are served fully and without conflict of interest. Securian Trust Company is a national trust bank regulated by the Office of the Comptroller of the Currency (OCC). Our policies and procedures are regularly examined by the OCC, a federal agency.
Access to special expertise and institutional investment managers
Corporate trustees can pool assets and relationships to access special expertise at a reasonable cost. At Securian Trust Company, our investment and asset management access includes institutional no-load mutual funds, institutionally-priced separate account managers, real estate, and special asset managers.
Sophisticated accounting system
Corporate trustees record and report trust transactions on a trust accounting system to track separate income and principal accounts, cost basis and historical transactions. At Securian Trust Company, we use a trust accounting system that also offers investment performance reports, and portfolio tracking and modeling.
Continuity of administration
Corporate trustees perform their duties every day without interruption because of illness, vacation, or other priorities. At Securian Trust Company, each account is assigned to a trust administrative officer who is supported by a trust administrative assistant, investment portfolio manager and operations personnel. Our professional administrators and portfolio managers average over 20 years experience in financial services. Our team of trust administrative officers and portfolio managers are all able to step in for an account
Impartiality and avoidance of family disputes
Corporate trustees generally do not have the pressure of family relationships affecting their judgment. Family ties, bias and pressure may cause an individual trustee to make hasty or unwise decisions detrimental to accomplishing the purpose of the trust. At Securian Trust Company, we work with the family to meet individual needs, but decisions are based upon impartially accomplishing the trust objectives.
