Independent Trust Investment Management
The Power of Separation: Why It Matters for Your Family’s Wealth
In trust management, combining administration and investment can create inherent conflicts of interest. At Beese Fulmer Private Wealth Management, we believe in a different, more effective model—one that separates trust administration from investment management. This unique approach ensures that each party remains fully accountable, allowing for conflict-free decision-making that aligns solely with your family’s financial goals. Unlike many firms and brokerages, Beese Fulmer is dedicated exclusively to investment management, offering clarity and confidence that you won't find elsewhere.
Navigating Trusts with Confidence
In Ohio and several other states, the trust code is bifurcated, providing an opportunity to split investment management from administrative duties. At Beese Fulmer, we specialize in serving as an independent, conflict-free investment manager while a designated trustee—whether a corporate entity or a trusted family member—handles the administration. This clear division of responsibilities ensures objective investment guidance, unclouded by administrative concerns.
Why Beese Fulmer's Independent Investment Management Stands Apart
Choosing Beese Fulmer as your independent investment manager instead of relying on a corporate trustee for both roles offers several key advantages:
Eliminating Conflicts of Interest
When trust administration and investment management are combined, competing interests can arise. Our independent approach means investment decisions are never influenced by administrative duties. We focus exclusively on maximizing your investment returns while aligning with your long-term objectives.
Delegation vs. Direct Control
Corporate trustees often blend investment and administrative responsibilities, leading to potential compromises. Beese Fulmer’s dedicated specialists handle investments directly, ensuring precision and attention to your trust's specific goals.
Personalized and Local Access
Corporate trust departments often restrict access to investment professionals, who may be based remotely and serve large, standardized client bases. At Beese Fulmer, you have direct access to local investment experts who are available for in-person consultations, delivering tailored strategies that address your family’s unique needs.
Enhanced Transparency and Accountability
The bifurcated model fosters transparency. By clearly separating investment and administrative responsibilities, each party can focus solely on their expertise. Our clients benefit from detailed, straightforward reporting that keeps them informed every step of the way.
Expertise in Managing Complex Trusts
Our team at Beese Fulmer excels in navigating the complexities of multi-generational wealth. We specialize in:
- Generation-Skipping Trusts (GST): Efficiently passing wealth to future generations while avoiding estate taxes.
- Dynasty Trusts: Preserving family wealth over multiple lifetimes with long-term, sustainable strategies.
- Spousal Lifetime Access Trusts (SLATs): Balancing accessibility and tax benefits, providing control and flexibility.
- Grantor & Non-Grantor Trusts: Tailored solutions that optimize tax efficiency while meeting family objectives.
Our Investment Philosophy: Rational, Transparent, and Results-Driven
At Beese Fulmer, we adhere to a disciplined, rational investment philosophy:
- Active Management: Customized portfolios tailored to each trust’s needs.
- Focus on Quality: Emphasis on high-quality stocks, bonds, and alternative investments.
- Fiduciary Responsibility: A commitment to act exclusively in your best interests, adhering to fiduciary standards.
Seamless Collaboration with Trustees
We have extensive experience collaborating with a variety of trustees, ensuring that our investment management integrates smoothly with administration. Whether your trustee is a family member or a corporate entity such as:
- Western Reserve Trust Company
- Huntington Bank
- Key Bank
- Farmers Bank
Our expertise allows us to coordinate effectively, providing a customized, transparent approach to each unique trust.
Tailored Solutions for Your Trust’s Unique Goals
Each trust has distinct objectives—whether it's preserving capital, generating income, or growing wealth. Our services are customized to meet your specific goals, offering:
- Personalized Portfolio Management
- Tax-Efficient Strategies
- Regular Performance Reviews
- Direct Trustee Communication
Partner with Us for Conflict-Free Trust Management
Beese Fulmer’s independent, transparent investment solutions can bring clarity and peace of mind to your family’s wealth. Explore how our unique approach can provide long-term success and preserve your family’s legacy for generations to come. Contact Us for a confidential consultation.