Williams Asset Management

Corporate Trustee in strategic partnership with Williams Asset Management vs. a Traditional Corporate Trustee
	Franklin Templeton or AST Capital Trust Company	Traditional Corporate Trustee
Separate fiduciary duties	The grantor appoints Williams Asset Management to assume fiduciary responsibility over managing the investment of the assets held in the trust. The grantor appoints Franklin Templeton Trust or AST Capital Trust [strategic partner of Williams Asset Management] as trustee to separately handle trust administration and safekeeping of the assets.	The corporate trustee assumes responsibility for both the administration of the trust and the management of the trust investments.
Established relationship	Williams Asset Management has an established relationship with the client and can take the client's entire financial situation into account when making investment decisions for assets held in trust.	The corporate trustee assigns their own trust investment manager who will need to become acquainted with the client's history, risk tolerances and needs, and may not have a view of the client's entire financial picture.
Investment flexibility	Williams Asset Management has the flexibility to select investments that best meet the trust's investment objectives, including stocks, bonds, mutual funds and other marketable securities.	The corporate trustee may not have such flexibility and the range of available investments may be more limited.
Service	The client continues to benefit from the level of service they've enjoyed from their relationship with Williams Asset Management.	Smaller accounts may not get the desired level of service and attention.

How you benefit from working with Williams Asset Management in partnership with Franklin Templeton Trust or AST Capital Trust.

By retaining us as manager of the trust assets, you enjoy your investment management expertise across their entire portfolio. Incorporating their trust assets into their overall financial plan can enable your portfolio to be managed to its greatest potential—taking advantage of tax efficiencies, creating a truly diversified portfolio and helping to best meet their risk and return objectives.

Franklin Templeton Trust and AST Capital Trust allows Williams Asset Management to select the assets that we believe best meet the trust's objectives. Conversely, a traditional corporate trustee may be limited to their institution's investment offerings.

Also, with a traditional corporate trustee the new manager will need time to learn and understand your client's history, risk tolerance and specific financial needs—details you already know well based on your existing relationship with that client.

Getting Started

A trust officer will work with us and your attorney throughout the process to ensure your needs are being met. The trust company will facilitate the administrative review, finalization of the trust agreement, establishing new accounts and assuming trust assets for safekeeping.

Integration with your existing system.The trust company will coordinate direct access to Williams Asset Management's trading platforms so you have no new systems to learn and can maintain the trust accounts on the same system as your clients' non-trust investments.

Open architecture. We have discretion to choose investments that best meet the trust's objectives: stocks, bonds, mutual funds and other marketable securities. We are not limited to investments of the trust company.

Ongoing Trust Administration

An experienced trust officer handles all the administrative details, such as recordkeeping, making disbursements and evaluating discretionary requests. Other administrative duties we take care of include:

retaining cost basis information
collecting dividends and interest
paying bills
producing of all quarterly statements
preparing required annual accounting
filing tax returns (or working with your clients' tax preparer to file)