What is the legal structure?
Moneta Trust, a trust representative office of National Advisors Trust Company, FSB, is an independent company overseen by the OCC and the FDIC and is part of the nation’s largest federally chartered advisor-owned independent trust company.
Why was it created?
Moneta Trust was created to support the needs of clients who wish to continue to maintain their investment relationship with Moneta Group and have the safety and security of a third-party trustee.
What is the relationship between Moneta Trust and Moneta Group Investment Advisors?
Moneta Trust integrates seamlessly with your Moneta Group Family CFO to provide expert trust technology and administrative support. There is no need to change your investment philosophy, asset-management style or portfolio holdings. You also retain your advisors—attorney, accountant and other professional relationships.
The trustee duties are bifurcated, assigning to each company the responsibilities it does best. Moneta Trust provides the administrative trustee services to the trust, and the Moneta Group principal provides investment management.
What level of investment oversight does Moneta Trust perform?
Moneta Trust provides oversight to determine that the investment advisor is acting within its Investment Policy Statement as agreed with the Trustee and that the assets do not violate any limitations in the governing document. Moneta Trust does not provide investment “working lists” or monitoring of specific securities in accounts.
What is the Investment Policy of the trust?
Moneta Trust reviews the advisor’s Investment Policy Statement and account objectives. The advisor creates the Investment Policy Statement based upon agreed objectives.
Who is responsible for selecting investments?
As the Investment Advisor, Moneta Group is responsible for the selection of investments for all client accounts.