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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.
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