Trust Administration Outsourcing
FiPar supports community bank trust departments, independent trust companies, non-profits, law and accounting firms and independent professional trustees enhance their administrative capabilities and, as might be needed, discretionary decision-making responsibilities through a team of former Senior Trust Officers with extensive qualifications and experience in personal trust administration.
Whether the need is for ongoing or temporary account support, FiPar maintains a qualified team to assist with general personal trust administration as well as specialty product lines, including Special Needs, charitable, ILITs, funeral trusts, estate settlement and guardianships as well as unique asset administration, like oil and gas properties, real estate and family businesses.
Outsourced Senior Trust Officers
Our so-called “Outsourced STO’s” are available for individual administrative account needs but more commonly available under a retainer arrangement for continuing support of trust activities.
There is no longer a need to employ high-level senior trust administrators when your organization can now rely on former Senior Trust Officers for administering assigned trust book as well technical administrative advice and guidance.
Through a retainer relationship, an assigned consultant becomes familiar with specific trust relationships and thus better prepared to offer enhanced technical guidance and specific decision-making support in the proper discharge of trustees' fiduciary responsibilities.
Furthermore, Outsourced STOs are available to serve on Trust Administrative Committees to provide even broader support of the organizations’ administrative requirements.