Wealth Management and Investment Management Services
We can help you take steps to ensure your family's financial future.
Uncertainties in the financial market and high taxes make it difficult to protect your family's financial resources. That's why we ask you to place your trust in us at City National Bank. Rely on experienced, local professionals to manage your trust and investments with responsiveness and care. We offer a full spectrum of wealth management solutions, from investment management and trust services to retirement plans. We’ll work closely with you to make the best wealth management decisions to secure your financial future.
After an in-depth analysis of your financial situation and acceptable risk levels, we will make recommendations for a personalized portfolio management plan to meet your overall wealth management objectives.
The benefits of City’s Investment Management program include:
- investment program tailored to your needs;
- safekeeping of securities;
- collection and reinvestment of income;
- detailed record keeping;
- wealth management; and
- solid investment advice from experienced professionals.
Trusts Under Agreement
These are established during the lifetime of a person known as the Grantor, who establishes the termination date which could be before or at the time of death or some future date.
There are many reasons for establishing a living trust:
- to avoid probate;
- no interpretation at death; and
- asset management.
Individual and employer-sponsored retirement plans are often the largest assets most individuals will have for retirement. City National Bank provides a wide array of retirement plan solutions:
- 401 (k) Self-directed plans
- 401 (k) Managed plans
- Profit Sharing plans
- Pension plans
- Trustee services
- Custodial services
- Individual Retirement Accounts (IRAs)
- Roth IRA (after-tax money that grows tax-free)
- Rollover IRAs
Custodial Accounts are for those who wish to retain full control over the selection and management of their investment portfolio but would prefer not to have the record keeping responsibilities.
Benefits of a Custodial Account include:
- safekeeping of securities;
- income collection and investment; and
- centralization of investment tax records.
Trusts Under Will
A trust under will is a trust established by your last will and testament that becomes effective at the time of your death. It is usually established for one of two main purposes:
- to allow for flexible control of the assets of the trust for the benefit of minor children or
- to provide continuing care for your husband or wife after your death.
For minor children, the trustee will supervise the trust assets to provide for the support, care and education of child beneficiaries. Once they have reached a predetermined age established by the trust documentation, the remaining principal can be distributed to them.
For spousal care after your death, an experienced trustee will follow your directions to provide the necessary stewardship to assure that your assets are invested and distributed wisely for the continued benefit of your loved ones.
Contact us to learn more about our wealth management and investment management services.