"TCA is an advisor friendly trust company,
receiving 3 stars, the highest ranking available"
Bloomberg Magazine
TCA TrustCorp America is an independent corporate fiduciary offering personal trust services. TrustCorp distinguishes itself through consistent, highly personalized client service emphasizing the use of trusts and their importance in sound estate planning. TrustCorp tailors its services to complement its client’s existing relationships with financial and legal professionals. TrustCorp was given three stars, the highest possible rating, by Bloomberg Magazine as an advisor friendly trust company.
ClientsTrustCorp clients are primarily individuals who are: beneficiaries of existing trusts looking for a new trustee; retirees, widows or widowers looking for a successor or co-trustee to handle bill paying and ministerial duties; individuals creating a trust for various estate planning or charitable reasons; or individuals looking to update their estate plan.
Corporate Trustee Family members and friends are frequently named trustee, executor, or personal representative in wills and trusts documents. Unless such persons have experience or knowledge relevant to the required responsibilities, the duties can be overwhelming.
The option of naming a professional trustee, such as TCA TrustCorp America to serve brings professional experience and capabilities to the process, and ensures that there will be no interruptions, and no undo burdens on family members.
TCA TrustCorp America can handle bill paying as well as perform all of the administrative accounting, financial, and tax record keeping duties necessary to discharge the requirements specified in the trust documents.
Strategic Relationships TCATrustCorp America served as the trust affiliate of Ferris, Baker Watts, Incorporated, a highly regarded regional brokerage firm founded almost 100 years ago until it was acquired by RBC Wealth Management in 2008. TrustCorp continues to work with financial consultants at RBC, and RBC owns a 35% equity interest in TrustCorp.
In addition to working with RBC Financial Consultants, TrustCorp works with over 100 advisors or advisory firms, and can hold assets in custody at Schwab Institutional, TD Ameritrade, Fidelity, Pershing, or such other custodian as is desired by the family and investment advisor. For advisors who do not have a preferred custodian, TrustCorp’s marketable securities can be held under a sub-custody arrangement established with The Bank of New York.
Through this arrangement, TrustCorp’s clients may work with money managers and investment advisors who are able to provide a higher level of results oriented service because they specialize and focus solely on the client’s investment and insurance needs, while TrustCorp focuses on the fiduciary and trust administrative issues.
All of TrustCorp’s back office data is processed using Sungard Trust Systems. Sungard Trust Systems, one of the industry’s most respected providers of trust administration technology, has a system in place that TCA uses in order to provide the most technologically advanced trust reporting and administrative service.