HAMPTON, N.H., Jan. 21, 2015 (GLOBE NEWSWIRE) -- Perspecta Trust announced today that it has been named as a finalist to receive the Family Wealth Report Award in the Independent Trust Company category within the US.
This award, presented annually within the US, as well as in Europe and Asia, recognizes firms for their outstanding achievement, as well as their demonstration of innovation and excellence in their respective fields. To be eligible to receive a Family Wealth Report Award, firms must first be nominated, wherein their respective business models are then scrutinized to ensure that they meet eligible criteria, and a comprehensive review of each firm's qualifying submissions are reviewed to determine the finalists. While the Independent Trust Company category is new in the US for 2015, last year's finalists in similar categories included Bessemer Trust, Citi Private Bank, Brown Brothers Harriman, and First Republic Bank.
Commenting on Perspecta Trust's finalist status, Chairman and CEO Paul Montrone states, "While we believe we have built a business model that is truly unique within the trust industry, it is reassuring and pleasing to be recognized by our peers for the quality of our firm." Commenting further, Perspecta President Scott Baker adds, "We have worked hard to make New Hampshire the best trust jurisdiction in the country. That client benefit, coupled with a constant focus on outstanding customer service, has allowed our business to thrive, and spreading that good word will not only help our firm, but many families who will appreciate our approach to meeting their fiduciary needs."
ClearView Financial Media's Chief Executive, and Publisher of Family Wealth Report, Stephen Harris, was first to extend his congratulations to this year's finalists. He said: "The firms who have been named finalists in these awards are all worthy competitors, and I would like to extend my heartiest congratulations. These awards are judged solely on the basis of entrants' submissions and their response to numerous questions focused on the client experience, not simply quantitative metrics, which are used more broadly within the industry. These awards will recognize the very best operators in the private client industry, with 'independence,' 'integrity' and 'genuine insight' the watchwords of the judging process - such that the awards truly reflect excellence in the fiduciary and wealth management fields."
Winners of the Family Wealth Report Awards will be announced at a gala awards dinner to be held in New York on March 12, 2015 at the Mandarin Oriental hotel.
About Perspecta Trust
Perspecta Trust is a non-depository trust company that offers a full range of trust, wealth planning and investment management services to ultra-high net worth individuals and their families. Based in Hampton, New Hampshire, Perspecta is strategically located to take advantage of New Hampshire's nation-leading tax and trust laws.
For more information on Perspecta Trust, please visit http://www.perspectatrust.com or call 603-929-2700.