We offer a range of investment services for individuals, trusts, estates, and non-profit organizations. For individuals, the Trust Department may manage a part or all of a person’s individual investment portfolio (individual investments or mutual funds) or a person’s IRA or IRA rollover assets. Investment services provided by the Trust Department are available for investment portfolios of $400,000 or more.

Points you’ll want to consider:

• We assume a fiduciary role, acting for the sole benefit of our clients.
• Tailored portfolios are designed for each client and each situation.
• We do not promote any specific investment product or fund, and we do not receive compensation for the investments we use. In addition, we do not maintain any proprietary or common funds. This approach ensures investment selections that are in the client’s best interest and avoids any potential conflicts of interest.
• Equity/stock portfolios are actively managed, primarily using individual stocks for large-cap exposure and no-load mutual funds for mid-cap, small-cap, and international equity exposure. No-load mutual funds may be used for large-cap exposure in certain situations also.
• For fixed-income portfolios, a laddered bond approach is typically used. This may include, based on the applicable tax situation, either tax-free/municipal bonds or a wide variety of taxable fixed-income investments. Taxable fixed income investments may include U.S. Treasury instruments, U.S. government agency bonds, bank certificates of deposit, and/or corporate bonds.

Note: For brokerage-type investment services, directed account investment services, and annuities, please refer to Frontier Bank’s Investment Center services.

Our Trust Department can act as the sole trustee, as a co-trustee with a family member, or as agent for an individual who is named as a trustee.

We offer:

• Maintenance of professional accounting records using specialized software applications. All transactions are recorded, along with all asset-related records. Periodic accounting statements are provided and online access is also available via TrustReporter.
• Payment of bills and expenses, in conformance with state law.
• Local decision making for discretionary decisions.
• Full investment services, as outlined under Investment Services.
• Asset administration, which can include most types of stocks, fixed income assets, all types of real estate, limited partnership or other business interests, or other unique assets.

Our Trust Department can act as the personal representative for settling an individual’s probate estate, if so named in the individual’s will, or can act as agent for an individual appointed under an individual’s will.

Services include:

• Taking control of all probate assets.
• Ensuring all assets are protected or insured.
• Valuing assets and disposing of the assets either by sale or by distribution according to the will.
• Assisting with investments and accounting requirements as outlined under Investment Services  and Trust Administration.

For high net worth individuals, select members of our Trust Department staff can provide general education, information, and consultation on retirement and estate planning.

As part of this process, we can provide and/or review documents and other materials and provide input on:

• Existing investments
• How much in assets may be necessary for retirement – or how long a person’s assets may last
• How assets should be titled
• Wills and trusts
• Living wills
• Health care directives
• Financial and health care powers of attorney
• Community property agreements
• Estate tax matters, under federal and state laws
• Business planning
• Charitable gift alternatives

These services can include recommending appropriate attorneys, CPAs, or other professionals.