PERSONAL TRUST SERVICES|your trust, our expertise
Hightower Trust Company has the resources, experience and expertise to provide trust services for you and your family for generations to come.
Hightower Trust Company performs the duties associated with administering your trust, such as payment of trust expenses, calculating required distributions to beneficiaries, and exercising distribution discretion, evaluating beneficiary needs and circumstances while adhering to the terms you define in your trust.
Hightower Trust Company keeps track of the principal and income within your trust and provides trust tax reporting and forms needed for beneficiaries’ personal income tax returns, and as trustees, we file trust income tax returns.
Investment Management Services
While serving as corporate trustee or as agent with investment authority, Hightower Trust Company works with your advisor to ensure trust assets are managed and invested prudently according to the objectives of the trust for the benefit of all trust beneficiaries.
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.