Wealth solutions can help address the financial goals of your high-net-worth clients. The use of stock options to compensate executive and management level employees is widespread. As a result, significant wealth is being generated at a rapid pace. Wealth continues to accumulate by more traditional means as well—through inheritances, gifts, and estate planning. Your high-net-worth clients may realize substantial gains with these assets, but they also face considerable implications such as the risk associated with holdings concentrated in a single sector, possible tax consequences, and limited liquidity.
Pershing’s Wealth Solutions can help you and your clients address these potential issues and maximize the opportunities they present:
Many companies offer their valued employees stock options in order to encourage ownership, foster commitment to the company, and share in the company’s success. Options that are "in the money" may represent sizeable elements of compensation at executive or management levels. If your clients wish to exercise their employee stock options without funding the transactions independently, CES can facilitate a variety of alternatives. Your clients have the option to exercise their stock options in a full or partial sale, with the ability to margin all or a portion of the shares. You can utilize the resources in CES that are required to expedite this process, giving your clients prompt access to liquidity and allowing them to take advantage of these rewards, as available funds may be used for further investment and diversification.
Trusts are one of the most important planning tools for households with more than $1 million in investable assets. Pershing’s Trust Network provides you with a variety of trust services available through a choice of corporate trustees. Choose from some of the nation’s most highly regarded trust companies, including The Advisory Trust Company of Delaware, Comerica Bank & Trust, NA, New York Private Trust Company, Reliance Trust Company, Santa Fe Trust and Wilmington Trust Company. This open-architecture program provides a full menu of solutions geared to meet virtually any personal trust need, whether full trustee, agent-for-trustee or trust reporting services.
A margin lending product your clients can leverage to manage the growth of their portfolio and solve liquidity needs. This product is typically used to purchase additional securities.
A securities-based lending tool designed to meet your clients personal, consumer, and business needs.
Provide high-net-worth clients, with fully paid positions in their cash accounts, the ability to loan those securities to Pershing to generate an additional revenue stream for their portfolio.
Private Banking lending solutions are available to The Investment Center. The lending products they offer below act as asset gathering tools as well as retention vehicles.
Investment Credit Line (ICL) – key features:
Jumbo Mortgage – key features:
Other important mortgage related guidelines: