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| Unfortunately I do not think that there is one single source that provides a rating for trust compaies. The best way to find out about a trust company is to ask a couple of financial professionals who have worked with that company. In my practice, I have worked with many trust companies that will not even pick up the phone after a client has delivered their money to the trust company (as the more they pay out, the less they make). This is very common for trust companies after the person with the money has passed away. I don't know if any rating system would tell you about that. Also you will want to be wary of fees. Trust companies make a lot of money off of selling proprietary investments (i.e., their own funds), performing unnecessary trust functions (such as imposing trust termination fees) -- and in exchange they will do very little for you. You should consider hiring a financial advisor (and including registered investment advisor and trust protector langauge in your trust). Best of luck. Gary Brolis http://www.MechanicsofMoney.com http://www.MechanicsofMoney.com/blog.php dspame[at]yahoo.com wrote: - quote - > How can I get independent comparisons and ratings of trust companies? > Is there a trade journal, magazine, government agency?? |
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| How can I get independent comparisons and ratings of trust companies? Is there a trade journal, magazine, government agency?? |
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| companies, rating, service, trust |
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