National Advisors Welcomes New Shareholder, Pinnacle Wealth Planning Services
Pinnacle joins National Advisors Trust to expand trust services with broader options, including alternative and non-standard assets.
Overland Park, KS (October 11, 2011) – National Advisors Trust, the nation’s largest independent, RIA-owned trust company, today announced that Pinnacle Wealth Planning Services, a wealth management services firm headquartered in Mansfield, OH, has joined the trust company as a new shareholder. Joining National Advisors Trust allows Pinnacle to expand its trust services and provide flexible, personalized options that include alternative and non-standard assets.
“A high percentage of our clients utilize trusts,” stated William D. Heichel, Chairman and Senior Planner of Pinnacle. “In recent years, some trust companies have changed course and restrict their trustee services to only those trusts with 100% liquid assets. We handle a large number of trusts, and few if any of our clients have only liquid assets. We had to find another solution that would allow us to serve our clients’ needs for trusts and enable us to maintain the close relationships we’ve developed with our clients over the years. Only National Advisors Trust met our needs. We also like that with National Advisors Trust we have options for the future. We were surprised at the extensive capability of their software, and in the future we may look at implementing their technology and custody services.”
According to Ronald G. Ferguson, CEO of National Advisors Trust, trust services offered to RIAs by banks and trust companies are becoming increasingly restricted, with high minimums, narrow range of options and lack of a personalized approach.
“Pinnacle is recognized as one of the top wealth management firms in the nation, exclusively focused on providing comprehensive wealth management services to affluent clients and professional advisors, many of whom utilize trusts,” said Ferguson. “National Advisors’ trust services allow Pinnacle to offer a broader range of trust options to meet clients’ needs, including trusts that can hold alternative and non-standard assets. Becoming a shareholder with National Advisors Trust also allows Pinnacle to be named in trust documents as the investment advisor so they can honor clients’ requests to continue managing client assets when assets pass to family members.”
About Pinnacle Wealth Management Services
Founded in 1998, Pinnacle Wealth Management Services is a fee-only wealth management services firm providing comprehensive services to affluent clients. Pinnacle’s services include: three wealth management programs with varying levels of service to accommodate clients’ personal and financial goals; financial planning services with basic and comprehensive options; investment advisory services; and Personal Planning Quarterback Services. Pinnacle also offers Client Referral Programs for CPAs and attorneys to service the financial planning needs of their high net worth clients. Headquartered in Mansfield, OH, Pinnacle has additional office locations in Medina and Dublin, OH. For more information about Pinnacle, visit www.pinnacleadvisors.com.
About National Advisors TrustNational Advisors Trust Company, FSB, is a federally chartered trust company with assets of more than $7 billion. Founded in 2001, it is the largest independent, RIA-owned trust company in the nation, and is authorized to do business in all 50 states. The company provides a broad range of trust and custody services uniquely designed and positioned for clients of an RIA, including; an advanced, multi-custodian investment management platform, trust accounting services, referral marketing programs, trust education programs, practice management programs, economies of scale, and other related services to advance the success of participating RIA firms and their clients. National Advisors Trust is a “trust only” organization focused on trust and custody services for RIA firms and is not involved in lending and depository banking functions. For more information on National Advisors Trust, visit www.nationaladvisorstrust.com.
For more information contact:
National Advisors Trust