Trust
Administration Outsourcing
Most Trust
Departments are Personal Trust oriented and shy away from Employee
Benefit and Corporate Trust business. Lacking the in-house
expertise to administer corporate type accounts you end up losing the
opportunity for a great deal of fee revenue.
We at Revzon
Consulting feel that we have developed a solution that allows any
size department to now handle the very profitable Employee Benefit
and Corporate Trust business. A staff with more than 40 years of
Trust Employee Benefit and Corporate Trust experience is available to
meet all of your administrative needs with service that is creative,
customized, and innovative - service that relieves you of the burdens
that ERISA and banking regulators would normally place on you.
Corporate type
accounts allow your department to develop relationships with
municipalities and commercial accounts thus enhancing the
opportunities for cross selling of trust/bank products and services.
Some of the services that could be offered are:
- Bond paying agent
- Escrow agent
- Bond trustee
- Retirement Plan trustee
Our staff handles
all aspects of corporate account administration from set up,
documentation review, compliance, and on-going client
communication. It is transparent to the client that our staff
is remote; we use Bank letterhead, we use the Bank's email system,
phones are answered in the Bank name - the client thinks we're
sitting in your office.
Call us to discuss
how we can supplement your Personal Trust administrative staff in
order to offer these profitable corporate services. For
start-ups, we also offer full trust system capability, so if you
don’t have a system we can still service your Trust Department
or Trust Company.
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