Your story. It’s built from a lifetime of decisions, moments, and interactions. And it’s also built from hard work, sacrifice, and delayed gratification. Monroe Bank & Trust’s Wealth Planning and Advisory group is here to help. Our experts listen, plan, and walk alongside you on your remarkable journey. We would be honored to be a part of it.

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WEALTH PLANNING
AND ADVISORY TEAM

Wealth Planning and Advisory Services For Professionals

Powerful | Personalized | Performance

With nearly 80 years of experience and over $700 million in client assets, Monroe’s Wealth Planning and Advisory is the 4th largest Bank Asset Management provider in Michigan*

Our Wealth Planning and Advisory Team is comprised of seasoned and credentialed professionals including JDs, MBAs, Chartered Financial Analysts (CFAs), Certified Trust and Financial Advisors (CFTAs) and Certified Retirement Service Professionals (CRSPs).

Attorney’s, CPAs and other professionals know the value of accessible service. Clients do not dial into an 800 #. Instead, they enjoy a complete team of seasoned experts knowledgeable about their unique relationship. Clients each have a dedicated Portfolio Manager, Administrator and Administrative Assistant all able to quickly and efficiently respond to client needs.

We are a corporate trustee that understands our role in supporting the legal counsel you provide your clients. Our full range of trust, investment, and estate services are complemented by our technical expertise, sensitivity, confidentiality, and a well-earned reputation for administering complex wealth plans.

Managing and guiding your clients estate planning means putting your reputation on the line. When it’s time for you to recommend a corporate trustee, you can be assured that Wealth Planning and Advisory will protect your professional integrity.

Experience the Monroe Bank & Trust Difference – a unique combination of local access partnered with world class financial research, products, resources and expertise.

*2014 – Ranked fourth in Michigan by the Michigan Banker’s Association for total assets managed.

Singular Advantages for Investors

The Wealth Planning and Advisory Group provides comprehensive financial advisory services including Full Range of Fiduciary and Investment Management, Tax Planning, and Estate and Trust Administration.

Our administrative officers and investment team regularly confer with CPAs, attorneys and other outside advisors, assessing and addressing every facet of a clients financial picture.

Global Resources and Capabilities

The Wealth Planning and Advisory Group provides clients with access to world-class financial research, products, resources and expertise. Our investment team relies upon sophisticated portfolio models that diversify assets through individual equities and fixed-income securities along with ETFs and mutual funds. Our investment managers take great care to construct portfolios which are tailored to an individual clients wants and needs.

Push to Perform, Not Sell – The Wealth Planning and Advisory is not a broker-dealer and has no proprietary mutual funds or insurance products to sell. This is a critical distinction for investors who have little tolerance for commission driven proprietary product pushing. Wealth Planning and Advisory is seated on your clients side of the table, fully committed to protecting and growing our clients wealth. Our fees are based upon portfolio size, meaning ongoing performance drives our business.

Fiduciary Standard vs. Suitability Rule

The Wealth Planning and Advisory acts as a Fiduciary for its clients and works on a fee only basis. Not only is providing the highest standard of client care at the forefront of what drives Monroe Bank & Trust, but by law, serving in a Fiduciary capacity means we must always put our clients interests ahead of our own. The “Fiduciary Standard” encompasses a duty of loyalty and care and means we must act in the best interest out clients.

Acting in a Fiduciary capacity contrasts with brokers who operate under a “Suitability Rule”. Brokers typically work on a commission basis and may provide recommendations and investment selections which result in higher fees so long as the investments are “suitable” for the client. A broker is free to pick investments which pay a higher commission even though it may mean higher expenses for a client. This can also incentivize brokers to sell their own products ahead of competing products which may be available at a lower cost.

Disciplined Fiduciary Asset Management

Monroe Bank & Trust Wealth Planning and Advisory will act as trustee, co-trustee or agent for the trustee. The team will:

  • Assure clients wishes are carried out both during their lifetime and afterward.
  • Assure assets held in trust are managed according to the directives written in the trust document(s).
  • Optimize execution of strategies for wealth transfer to beneficiaries.
  • Provide objective third party administration alleviating issues which can arise within families and other beneficiaries.
  • Assure tax filings and other administrative duties are performed appropriately and in a timely fashion.
  • Provide management of investment portfolios outside of a trust, including IRAs and other account types.

Comprehensive Planning and Advisory Services

  • Agency Accounts
  • Portfolio Management Services
  • Wealth Planning and Transfer Strategies
  • Estate Settlement
  • Charitable Trusts
  • Marital and Credit Shelter Trusts
  • Generation-Skipping Transfer Trusts
  • Qualified Terminable Interest Property Trusts
  • Special Needs Trusts