GREENLE AF TRUST
Financial Security from Generation to Generation
The big picture may be bigger than you know. For some, wealth management is simply assembling a portfolio of assets that are balanced, diversified, and properly weighted. That’s a good start. But without a broader, more holistic strategy that integrates asset management with tax planning, risk management, cash flow, retirement needs, trusts and estate planning, charitable giving, family assistance, and so on, return on investment only goes so far. Clients of Greenleaf Trust are nearly always pleasantly surprised that their big picture is even bigger, and often better, than they knew.
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Our horizon is not the next quarter, but the next quarter century.
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With over $16B in assets under advisement,* Greenleaf Trust is among the nation’s largest, privately held wealth management firms. Owing to our client-first culture, fiduciary excellence, and depth of actionable expertise, we are also among the best. Founded and based in Michigan with offices throughout the state, our independence eliminates the possibility of your interests being superseded by the policies of a distant corporate office; you will never have to worry about a disruptive merger or buyout. As such, we have the benefit of time to earn the trust of our clients. Continuously thereafter, we retain it by providing client-specific solutions that surpass the lackluster service offerings of others. Our long-term business model is predicated on our clients’ long-term success. The same Greenleaf Trust culture that elevates our clients’ interests above all others compels us to harness the most robust technologies, the most sophisticated investment platforms, and the most comprehensive reporting tools—and to hire the smartest, most conscientious people, who are also delightful to work with. *Assets under advisement as of April 2021
W E A LT H M A N A G E M E N T Wealth can brighten your future, broaden your horizons or simply make your world a more comfortable place. Managing it wisely is a big responsibility that demands time and considerable expertise. That’s why it’s beneficial to have Greenleaf Trust looking after your interests and mindfully overseeing every aspect of your current and future financial well-being. Through our client centric team approach, we provide you with investment guidance and personalized service that is unsurpassed in our industry. You’ll appreciate the peace of mind that comes from knowing the wealth you’ve worked so hard to accumulate will be positioned to grow for generations to come. Evidence of this can be seen in our strategic partnerships with industryleading advisory firms. These partnerships strengthen our already keen insights into asset allocation, fund manager selection and ongoing investment monitoring. You’ll see further evidence in our comprehensive and consolidated reporting which provides a clear and instructional view of each client’s all-in assets in terms of location and allocation, benchmark comparison, performance analytics, fund managers, risk analysis, alternative investment reporting and asset category. It sounds complicated because it is, which is why we are here to serve you. Your “financial security from generation to generation” is our tagline, as well as our number one priority.
There’s no time like the present to brighten the future.
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Trust is in our name for a reason; we earn it.
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T RU ST S E RV I C E S With an exceptionally high level of professional expertise and personal attention, Greenleaf Trust provides asset management for trusts, estate settlement services, and comprehensive trust administration services. Our personal trust team works closely with you, your family, and, if applicable, your other professional advisors such as a tax specialist and estate planning attorney. Greenleaf Trust will act as sole trustee, co-trustee, agent for trustee or successor trustee for virtually every type of trust, including: — Living Trusts — — Charitable Trusts — — Marital and Bypass Trusts — — Irrevocable Trusts — — Qualified Terminable Interest Property Trusts —
The duties of a Greenleaf Trust trustee include, but are not limited to: •
Oversight of investment assets in conjunction with our research team
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Valuation, oversight and potential liquidation of certain assets, e.g., real estate
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Coordination of proper tax filings and returns, and delivery of appropriate information to trust beneficiaries
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Making beneficiary distributions pursuant to the terms of the trust
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Consistent and professional contact with all parties having beneficial interest in the trust
Additional services: •
Custody and safekeeping of all trust-owned assets
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Account recordkeeping
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Bill payment and distributions
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Principal and income (trust) accounting
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Evaluate legacy issues
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Explore philanthropic ideas and methods
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Extensive and customized investment management services
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Socially responsible investing
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Estate settlement and administration services
R E T I R E M E N T P L A N S E RV I C E S Providing a top-notch, qualified retirement plan for your company’s workforce is a significant commitment, but with the guidance of Greenleaf Trust, it’s easier than ever. Our experience helps. We manage over 150 plans for 20,000+ participants. Every plan we manage has increased in employee contributions, participation, and asset value. We provide a comprehensive retirement plan service offering that is beneficially better for you, your company and your employees. For example, we provide: — FULL SERVICE PLATFORM — We carefully oversee every aspect of a qualified plan, easing the plan sponsor’s burden by combining plan documentation and administration, employee education, investment management, recordkeeping, and trustee responsibilities—all under one roof. — PARTICIPANT SERVICES — Across every facet of the plan, we patiently educate and guide employees through one-on-one consultations, group meetings, and interactive online investment guidance platforms. — PLAN SPONSOR CONSULTATION — From the initial stage forward, our partnership with you ensures in-depth plan design consulting and, on an ongoing basis, legislative (legal) and technical compliance. — INDEPENDENT INVESTMENT PLATFORM — Our in-house, conflict-of-interest-free mutual fund selection process ensures that only high quality, rigorously monitored investment choices are offered. — MAXIMUM FIDUCIARY PROTECTION — Greenleaf Trust can shoulder the full fiduciary responsibility by serving as your plan’s trustee under an ERISA 3(38) capacity. If you prefer, we can also serve in the less protective capacity as agent to the trustee under ERISA 3(21). Greenleaf Trust offers a transparent and very competitive fee schedule. Moreover, new clients appreciatively comment on how well organized we are, and how smoothly we handle plan conversions. With Greenleaf Trust’s impeccable history of fiduciary integrity, audit excellence, participant education, best-in-class investment platform, and nearly perfect satisfaction scores, we make your (and your employees’) present day easier and future brighter.
Once in a blue moon, taking the easy way is actually the better way.
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Just as a home needs stability to endure, so does family wealth.
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THE FAMILY OFFICE AT GREENLEAF TRUST For a family’s wealth to sustain ensuing generations, its assets have to grow and its governance has to endure. The deeply rooted Family Office at Greenleaf Trust helps families satisfy those requirements and many more. Serving the ultra-affluent is the sole reason for our family office, and we do it exceedingly well. The deep-rooted bond of trust that we share with our clients is one we patiently earn over time by coming to understand their wants and needs, their concerns and challenges, the events they foresee down the road, and what they want their wealth to ultimately enable. We work with families at every level of the wealth continuum, from first generation wealth creators, to second generation family investment and fiduciary offices, to multigenerational single family offices. As a rule, their needs are complex and recurring. How well each client addresses those needs, and the extent to which we’re asked to provide solutions, tends to reflect the family’s overall level of wealth and the number of generations involved. As wealth increases, and as family involvement increases, so does complexity and the need for sophisticated data, asset management and custodial services. Transparency and understanding are all-important. To ensure that the family is controlling its wealth and not the other way around, we work in concert with the family’s trusted advisors to fully integrate collective knowledge and insights. In our experience, multigenerational wealth management is best achieved when those who have a stake in its success also have a voice in its execution.
E S TAT E S E T T L E M E N T Through experience, most attorneys and CPAs know that settling an estate is a demanding, time-sensitive obligation that comes at a particularly delicate time for families. This is even more so when the estate involves complicated, difficult-to-appraise-and-divest assets. That’s where Greenleaf Trust, serving as executor and/or trustee, can play such a beneficial role. As a privately held wealth management firm with over $12B in assets under advisement, we have the fiduciary expertise to manage family assets, and the judicious temperament to manage family dynamics. We’ll settle the estate as smoothly and efficiently as possible, while in no way adding to anyone’s grief.
To those you love, leave everything. Except a headache.
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For trusts, there are significant advantages to being in Delaware. One of which is Greenleaf Trust Delaware.
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G R E E N L E A F T R U S T D E L AWA R E Delaware has well-developed and innovative laws with regards to trusts and their administration, as well as a highly supportive legislature, legal and banking community. For those reasons and others, in 2018 we opened Greenleaf Trust Delaware, a limited purpose trust company. Established for the benefit of our clients and their professional advisors, accountants, attorneys, etc., Greenleaf Trust Delaware leverages the legal and business strategies available through Delaware’s exceptionally friendly trust and tax environment, commonly termed the “Delaware advantage.” Reasons to have a trust administered in Delaware include, briefly: •
Silent trusts
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Easier modification of irrevocable trusts
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voidance of state income taxes on accumulated A trust income and capital gains
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elaware has a “directed trust” statute, which allows trustees D to be directed on investments as well as distributions
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Asset protection trusts
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Trust distribution flexibility without court involvement
Greenleaf Trust Delaware, a Delaware limited purpose trust company, is regulated by the Office of the Delaware State Bank Commissioner. Greenleaf Trust Delaware is wholly owned by Greenleaf Financial Holding Company, a Delaware corporation. Greenleaf Financial Holding Company is also the sole owner of Greenleaf Trust, a Michigan nondepository trust bank regulated by the Michigan Department of Insurance and Financial Services. Both Greenleaf Trust and Greenleaf Trust Delaware provide various fiduciary and non-fiduciary services, including trustee, custodial, agency, investment management and other non-depository services. Greenleaf Trust and Greenleaf Trust Delaware offer personal trust, retirement plan and family office services to families and entities. Greenleaf Financial Holding Company and its subsidiaries do not provide legal, tax or accounting advice. Please consult your legal, tax or accounting advisors to determine how this information may apply to your own situation.
Last but certainly not least. “Well to do” is, perhaps, what comes to mind when thinking about wealth management. But there’s another way to think about well to do that’s less about what one has, and more about what one does. You see, clients of Greenleaf Trust tend to be exceedingly generous, and so they rely on us for holistic wealth management that integrates return on investment with tax planning, risk management, cash flow, retirement, trusts, estate planning, charitable giving, and so much more. We have every good reason to succeed, because in our experience the well to do, do a lot of good. If that sounds like you, please give us a call at 800.416.4555 or visit greenleaftrust.com.
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G R E E N L E A F T R U S T. C O M
800.416.4555