Wealthspire Advisors has launched a next-generation trust company, Tennessee-based Wealthspire Trust LLC, in an effort to grow and innovate in wealth management.
"To build the trust company of the future, we brought together a favorable trust jurisdiction, integrated technology platform and a highly responsive team of trust specialists,” Wealthspire Trust President Jonathan Connolly told Crain Currency. “This ensures a powerful offering of client-centered services for our high-net-worth families, not just for today but for generations to come.”
The firm now offers personal trust administration services through Wealthspire Trust, enhanced by cutting-edge technology. Benefiting from Tennessee's favorable trust laws, the company can provide perpetual trusts, directed trusts, asset-protection trusts and community-property trusts. Additionally, it offers flexible administration techniques, including the implementation of uni-trust provisions and modifications via non-judicial settlement agreements.
Wealthspire is an independent registered investment adviser (RIA) with $25.86 billion in assets under management.