RIAs weigh pros and cons of offering trust services
With demand limited, most advisers outsource it to lawyers and accountants, but some see value in adding it to their menu of services.
When it comes to trust services, most financial advisers prefer an arm's-length connection that serves client needs but outsources custody and fiduciary responsibilities elsewhere.
"There is tremendous responsibility that comes with being a trustee," said Erika Safran, owner of Safran Wealth Adviso
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