Personal Trust Services
Individual Investment Management: Our comprehensive investment platform delivers a wide range of asset management solutions to discerning clients. Leveraging the expertise of Neuberger Berman’s Asset Allocation Committee and Investment Strategy Group, we offer strategic and tactical asset allocation and manager selection advice across a comprehensive platform of proprietary and unaffiliated investment strategies, including equities, fixed income and alternatives.
Gift and Estate Tax Planning: Wherever you are in the estate planning process, we work with you and your advisors to establish or review your plan, and make and implement recommendations that work toward fulfilling your goals and wealth transfer objectives. Our recommended strategies balance tax sensitivity, risk tolerance, and family complexity, identify favorable jurisdictions for trusts, and incorporate flexible terms to meet current and future needs as well as changing circumstances.
Trustee services: As sole or co-trustee, we administer your trust on behalf of your beneficiaries throughout the trust term. In addition to developing and monitoring prudent asset allocation strategies, we handle all administrative responsibilities, including asset recordkeeping and distribution and income tax planning and filing.
Estate services: As sole or co-executor, we carry out your testamentary wishes and facilitate the proper administration of your estate. This role includes managing estate assets, developing and implementing an investment plan, and paying bequests, debts, expenses and taxes. We also work with your other advisors to handle all aspects of tax planning and compliance.
Managing assets for a foundation, endowment or pension plan requires investment expertise and comes with significant responsibility, but it may not require a fulltime resource. Our flexible structure allows us to offer a variety of services in the capacity that best suits your needs to help enhance your entity’s investment solutions and mitigate fiduciary risk.
Directed Trustee Services: Operating as a directed trustee, we provide administrative and benefit payment services for an entity such as a pension plan, while the plan sponsor retains discretion over the investment policy and asset allocation.
Collective Investment Trusts: These pooled investment vehicles are enjoying a resurgence as an investment option within the retirement plan market. We create and administer these trusts, and manage the investment assets.
Investment Management: We work with entities to manage a single investment strategy, an entire asset class or create a customized solution that addresses a specific strategic need.
Outsourced Chief Investment Officer (OCIO)
For entities requiring a comprehensive investment solution but may not need a full-time CIO, Neuberger Berman Trust Company can assume fiduciary responsibility for the investment policy, asset allocation, manager selection and ongoing investment oversight. This turnkey approach to investment oversight is becoming more common in the industry amid staffing and budget constraints, new legal requirements and heightened concerns about fiduciary liability. In addition to mitigating your personal fiduciary risks, this approach can help reduce costs by leveraging Neuberger Berman Trust Company’s scale and expertise.