First National Bank of South Miami
Our wealth and private bankers hold more than 25 years of banking experience.
We select only the most conservative investment vehicles to make sure that your assets are protected.
Our portfolio manager will carefully select the right investment for your financial needs.
Personal Service and Guidance
When you appoint First National Bank of South Miami as your Trustee, Executor or Personal Representative, the professionals who administer your trust make your goals their top priority. You can be assured that your family will work with a consistent team of specialized experts to help you achieve your goals.
Your team works with your beneficiaries, attorney, accountant or other advisors as needed, to facilitate decision-making and high quality service delivery. By building close personal relationships with the clients we serve, we are able to anticipate the needs of your family today – and for generations to come.
Your Local Portfolio Manager: Talk with your manager as often as you like regarding market trends, expectations, income generation and changing goals.
Your Local Trust Administrator : Discuss the day-to-day operation of your trust with your administrator, as well as year-end tax planning, gifting and estate planning strategies.
Flexible Trustee Arrangements
You can appoint First National Bank of South Miami to serve in any of these capacities, depending upon your individual needs and financial circumstances.
- Sole trustee : We assume fiduciary responsibility while managing your trust’s assets.
- Co-trustee : We share the fiduciary role with other individuals or organizations that you name.
- Successor trustee : We are prepared to step in and serve your family or other beneficiaries if the need arises.
- Agent for Trustee : We assume investment management responsibilities for assets for another individual or institution that serves as trustee.
A Complete Array of Professional Trust Administration Services
Whether your goal is to preserve your assets for future generations, care for a disabled loved one, or fulfill your philanthropic wishes, our broad scope of trust services can help you achieve your financial goals.
Our primary trust administration services include:
- Investment Management
- Philanthropic Trustee Services
- Estate Settlement
- IRA Rollover Services
- Special Needs Trust Services
- Irrevocable Trust Services
Investment Management Services
The primary purpose of First National Bank of South Miami’s Trust & Wealth Management Department is to help you achieve your financial goals. This is accomplished via utilization of investment services tailored to your changing circumstances and specific needs. We can work with you as an investment manager for your personal wealth accounts or for your trust relationships.
Our investment management team of highly experienced professionals will work with you to understand your financial goals and create customized investment strategies and portfolios focused precisely on your unique preferences, tax situation and income and growth objectives. We will develop a customized strategy to help you achieve your goals. We take an objective approach to investing your trust assets, using sophisticated tax efficient strategies. Our investment and trust experts work closely with you and your professional advisors to ensure your portfolio is designed with your long-term objectives in mind utilizing the trust vehicle that best meets your needs.
We operate differently from many other trust investment management firms in that we do not require that you adopt predefined models for your portfolio. Instead, we create low cost and tax-efficient portfolios for our customers, using a Core & Satellite approach. This approach combines a core of individual high-quality stocks and/or bonds with low-cost exchange-traded-funds (EFTs) to strategically and tactically gain exposure to other asset classes including small/mid-cap stocks, high-yield bonds, emerging markets and commodities.
Certain investments and/or products offered by the Trust Department are not insured by the FDIC, are not a deposit or other obligations of, or guaranteed by, the First National Bank of South Miami. These products and/or investments are subject to investment risks, including the possible loss of the principal amount invested.
Ready to invest?
Ready to sit down with one of our investment bankers to discuss your specific needs? Schedule an appointment by clicking the button below.