Services: Outsourcing
The Perfect Partner for Your Bank or Trust Company
Benefit Trust Company partners with banks and trust companies every day to provide a complete fiduciary outsourcing solution for qualified plans. Our experts help banks who no longer wish to assume this large fiduciary risk, or who don’t want the burden of regulatory compliance or technology enhancements.
Discover New Revenue from Outsourcing
Benefit Trust Company offers a wide range of fiduciary services for our bank and trust clients. Not only that, but our clients benefit from sharing in the revenue that this new arrangement creates. Our services include:
- Trust administration
- Regulatory compliance
- Investment management
- Asset allocation services
- Self-directed investment platforms
- Trustee and fiduciary responsibilities
- Custody and securities operations management
- Recordkeeping alliance network
- Sales, business development, and marketing support
A Complete Line of Custody Services
Benefit Trust Company provides a full range of custody services to registered investment advisors who are looking for an alternative to traditional custody platforms. Our custodial partners take advantage of our comprehensive suite of products, including enhanced reporting. We offer highly competitive pricing on our fully customized package of services.
As an institutional trust company, we do not directly manage any money. Instead, we interface with a registered investment advisor who needs an alternative to the traditional platform service provider. We service each one of our clients with an entire support team, including a dedicated relationship manager and client manager. This team is given ultimate authority to assist the client through transition planning, conversion implementation, and day-to-day operations management.
Simplified Management of Accounts
Our ability to provide online account access and real-time account information allows you to instantly and easily obtain account information. With Benefit Trust Company, you can quickly place trades, reconcile transactions, review performance, or produce client reports. We customize our service to perfectly suit your needs. Services include:
- Tax reporting
- Income collection
- Recordkeeping and reporting
- Performance measurement
- Online account access
- Straight-through processing
- Safekeeping and settlement
- Corporate actions
- Cash sweep