fiduciary continuity for your clients' legacies

Your clients have trusted you and their investment advisor to help them build and protect their wealth and create a legacy for future generations. Hightower Trust Company provides fiduciary services and oversight to help preserve their wealth, in collaboration with you and their Hightower investment advisor, giving them peace of mind that their trusted professionals will be there to support their family for years to come.

Which Clients May Benefit from Professional Trustee Services?

There are many reasons why your clients may benefit from engaging the services of a professional trustee. Individual family members may not have the skills, time, or willingness to serve as trustee. Family dynamics or blended families might put an individual trustee in an awkward or unduly influential position. Complex estate planning strategies or special needs beneficiaries may require specialized expertise to preserve the tax and asset protection benefits of the trust. Clients whose trusts will span generations may want the peace of mind of continuous professional oversight. Whatever your clients’ reasons, Hightower Trust Company is here to help. We take a collaborative approach with you and with your clients’ Hightower investment advisor to provide the services your clients need, so they can focus on continuing to write their story.

Services Hightower Trust Company Provides

Hightower Trust Company has the resources, experience and expertise to provide trust services for your clients and their families for generations to come. Depending upon our role, our services can include:

Trust Administration

• Perform administrative duties in accordance with the terms of the trust
• Make discretionary and non-discretionary distributions to beneficiaries
• Pay trust expenses
• Calculate distribution amounts (income/unitrust)
• Conduct annual administrative reviews

Tax Services

• Principal and income accounting
• Recordkeeping and reporting, including reporting of assets held elsewhere
• Preparation and filing of federal and state fiduciary income tax returns

Investment Management Services

• Conduct post-acceptance and annual investment reviews
• Work with your client’s investment advisor to ensure trust assets are managed and invested prudently according to the objectives of the trust for the benefit of all trust beneficiaries

Ways Hightower Trust Company Can Serve

Depending on the structure of your client’s trust and how they would like Hightower Trust Company to work with their investment advisor and any other individual trustee or executor, Hightower Trust Company can serve in the following capacities:

• corporate trustee with investment authority delegated to a Hightower investment advisor
• directed trustee (situs restrictions apply)
• co-trustee*
• successor trustee
• agent for trustee with investment authority delegated to a Hightower investment advisor
• agent for trustee without investment authority
• agent for executor, with or without investment authority

* Hightower Trust Company shares discretionary distribution decision-making with an individual co-trustee but retains full authority over the other functions of a corporate or directed trustee.

Overview
Our Services:
- Personal Trust Services
- Ways We Can Serve
- Getting Started

Learn about Trusts:
- How a Trust Works
- Why Use a Corporate Trustee?

For Attorneys:
- Attorney Overview
- How to Appoint Hightower
Contact Us

Legal & Privacy
Web Accessibility Policy

Securities offered through Hightower Securities, LLC, Member FINRA/SIPC, Hightower Advisors, LLC is a SEC registered investment adviser. brokercheck.finra.org
©2024 Hightower Advisors. All Rights Reserved.

Trust and agency services are provided by Hightower Trust Company, National Association (“Hightower Trust Company”), a wholly owned subsidiary of Hightower Holding, LLC, and an affiliate of Hightower Securities, LLC, Member FINRA/SIPC, and Hightower Advisors, LLC (“Adviser”), an SEC registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. In certain circumstances, Hightower Trust Company delegates investment management authority to the Adviser. The Adviser receives an investment management fee that is part of the overall trustee fee that is charged by HighTower Trust Company. All securities transactions are processed through registered brokers that are monitored by Hightower Trust Company. The Adviser may earn or accept “soft dollars” commissions on client related transactions in line with Adviser’s policies and procedures and within accepted safe harbor uses such as research services which is believed to benefit client portfolios. Hightower Trust Company relies on Adviser for several administrative services and Adviser is reimbursed for actual costs and for services.

This material contains general information and opinions that were prepared by Hightower Trust Company, and is not intended, nor should it be construed, as tax, investment, or legal advice. This material does not take into account the particular investment objectives, financial situation, or needs of an individual client.

Hightower Trust Company and its affiliates make no representations or warranties, express or implied, as to the accuracy or completeness of the information or for statements or errors or omissions, or results obtained from the use of this information. Hightower Trust Company and its affiliates assume no liability for any action taken in reliance on or relating in any way to the information.

Unless otherwise specified, products purchased from or held by Hightower Trust Company are not insured by the FDIC or any other federal or state government agency, are not deposits or other obligations of Hightower Trust Company and are not guaranteed by Hightower Trust Company or any of its affiliates.

Investing involves risk, including the possible loss of principal. Past performance is no guarantee of future results, and no investment or financial planning strategy can guarantee profit or protection.