Trust & Custody Services
FST acts as a directed corporate trustee and/or custodian for Retirement Plans, Non-Profits, Taft-Hartley Funds, Public Funds, and other institutional clients. FST becomes your partner in effectively managing fiduciary responsibilities and safeguarding assets. With today’s challenging and ever-changing legal and regulatory environment, having a strong fiduciary partner is an important step in ensuring a successful retirement plan or trust.
Our institutional trust solution can include:
- Directed Corporate Trustee Services
- Domestic & Global Custody (Shadow Accounting available for Approved Sub-Custodians)
- Certified Trust Statements, Annual Employee Benefit Reporting Package with 5500 Summary
- Specialized Reports including GASB40 and FAS157
- Dedicated Trust Officer and Daily Monitoring of Accounts
- Master Trust Accounting, Separate Account Unitization & Sub-Accounting
- Specialized Accounting & Reporting Based on Client Type
- Bank & Trust Company Operations Outsourcing
- Escrow Transaction Administration