The Private Trust Company, N.A., (PTC) provides
trust administrative services for individual and family assets.
Licensed in all 50 states under its 1995 national banking charter,
the bank does not engage in any lending or deposit taking,
therefore specializing solely in providing fiduciary
services.
PTC is regulated and examined by the Office of the
Comptroller of Currency, a division of the U.S. Treasury
Department, and is a member of the Federal Reserve Bank.
Independent auditors audit PTC while its accounts are insured and
bonded to protect client assets.
The Private Trust Company does not provide
day-to-day investment management for trust assets. Instead, PTC
allows clients to delegate money management services or maintain
their relationship with their financial advisors for investment
management. PTC serves in an administrative corporate trustee role,
providing all record keeping, accounting and tax preparation; also,
PTC ensures that trusts are managed and distributions occur
according to the terms of the trust document.
The Private Trust Company, N.A., (PTC) provides trust
administrative services for individual and family assets. Licensed
in all 50 states under its 1995 national banking charter, the bank
does not engage in any lending or deposit taking, therefore
specializing solely in providing fiduciary services.
PTC is regulated and examined by the Office of the Comptroller
of Currency, a division of the U.S. Treasury Department, and is a
member of the Federal Reserve Bank. Independent auditors audit PTC
while its accounts are insured and bonded to protect client
assets.
The Private Trust Company does not provide day-to-day investment
management for trust assets. Instead, PTC allows clients to
delegate money management services or maintain their relationship
with their financial advisors for investment management. PTC serves
in an administrative corporate trustee role, providing all record
keeping, accounting and tax preparation; also, PTC ensures that
trusts are managed and distributions occur according to the terms
of the trust document.
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