Services for Trustees

DHR’s wealth management services can also help if you manage portfolios in personal trusts or ERISA (Employee Retirement Income Security Act) retirement plans. If you serve as a trustee of such funds, you manage wealth that belongs to other people. The law prescribes your obligations and duties. Liabilities matter. You must dedicate your efforts competently and exclusively for the plan’s beneficiaries. You have to manage portfolio costs, yet many costs can be hidden. And even as you manage the portfolio for the benefit of others, you personally have significant financial and legal liability for its success. DHR can help you establish and maintain prudent and proven investment strategies for ERISA plans and other trusts. We’ll educate you about investment selection and guide you in plan selection and design. We’ll connect you with other professionals when needed, and coordinate all the various aspects of the work. What a relief.