Nov 07

Northwest Financial Advisors Partners with Members Trust Company - Strategic Partnership Expands Member Reach through Access to Trust Services

Herndon, VA — Northwest Financial Advisors (NWFA) today announced its strategic partnership with Members Trust Company, FSB, the nation’s first nationally chartered trust company for the credit union industry. Members Trust Company will be available to serve as a corporate trustee and trust fiduciary for NWFA’s clients in need of trust services.

 “We are delighted to embark on this partnership with Members Trust Company, a credit-union owned trust company whose philosophy replicates our own — to serve and protect our clients’ interests above all else,” said Kevin Fisher, president and CEO of Northwest Financial Advisors. “Because Members Trust Company offers reasonable fees and lower asset requirements, we are able to potentially offer more of our clients access to trust services. With the company’s history of exclusively serving the credit union community, we are confident that Members Trust has the expertise and dedication to handle our clients’ trust needs with the highest level of competency and care,” said Fisher.

Trusts can be a valuable component of an estate plan, and many individuals seek corporate trustees or co-trustees to take on the burden of managing and administering the assets the trust controls. Members Trust Company has three decades of experience offering corporate trustee, guardianship and conservatorship services to the credit union community. Forming a strategic partnership with Members Trust Company enables NWFA to offer clients with assets starting at $150,000 access to trust services, while most banks and trust companies will not work with clients who have less than $1 million in assets. By partnering with Members Trust Company, NWFA receives greater visibility into the trust services delivered, lending confidence that the trust services are carried out in a professional and satisfactory manner.

Sheldon Reynolds, vice president of Trust and Investments for Members Trust Company said, “We are pleased to join forces with Northwest Financial Advisors to offer trust services to its clients who may benefit from this flexible estate planning tool. We have a long history of working with the credit union community and are proud of our reputation for fiduciary guidance and dedicated, compassionate service. Our promise is to deliver trust services with expertise, efficiency and meticulous attention in the most cost-effective manner possible. By delivering on this promise, we meet the unique needs and interests of the individuals and families that Northwest Financial Advisors serves each and every day.”

NWFA can now rely on a dedicated and like-minded resource for providing reputable and reliable trust services to its clients interested in meeting specific financial and personal objectives through a trust.

 

 

Securities offered through FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. Investment advice offered through Northwest Financial Advisors, a registered investment advisor (RIA). Members Trust Company, Northwest Capital Management, Northwest Financial Advisors and Northwest Federal Credit Union are separate entities from LPL Financial.
Trust services are provided by Members Trust Company, a federal thrift regulated by the Office of the Comptroller of the Currency. Trust and investment products are not deposits of or guaranteed by the trust company, a credit union or credit union affiliate, are not insured or guaranteed by the NCUA, FDIC or any other governmental agency, and are subject to investment risks, including possible loss of the principal amount invested.
Clients are under no obligation to use the services provided by Members Trust Company and may choose any qualified professional to provide the trust services described above.
Members Trust Company, Northwest Capital Management, Northwest Financial Advisors, Northwest Federal Credit Union and LPL Financial do not provide legal advice or services.

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