News
News
June 17, 2024As the financial world prepares to converge in mid-May at the prestigious Wealth Management EDGE conference in Hollywood, Florida, TrustCard is poised to revolutionize how Registered Investment Advisors (RIAs) approach liquidity solutions for their High-Net-Worth (HNWI) clients. With a focus on empowering RIAs with innovative tools and strategies, TrustCard offers a unique securities-backed line of credit, providing unparalleled liquidity options, allowing their clients to leverage their investment portfolios, including their alternative investments, without the need to liquidate their valuable assets.
Empowering RIAs and HNWIs
TrustCard's securities-backed line of credit is a game-changer for RIAs and their clients. Here's how TrustCard is transforming the landscape:
RIAs face the challenge of balancing their clients' need for liquidity with the preservation of their investment portfolios. TrustCard bridges this gap by offering a flexible line of credit backed by clients' securities and alternative investment funds, unlocking immediate liquidity without disrupting long-term investment strategies. This financial tool empowers RIAs to seize opportunities, navigate market fluctuations, and meet their clients' evolving financial needs seamlessly.
High-Net-Worth Individuals (HNWIs) prioritize wealth preservation and tax efficiency in managing their investment assets. TrustCard offers a tax-efficient solution by allowing clients to leverage their portfolios as collateral without the need for asset liquidation. This strategic advantage not only helps clients maintain their investment positions but also avoids triggering capital gains taxes that would typically arise from selling assets for liquidity. By accessing liquidity through TrustCard's securities-backed line of credit, HNWIs can strategically manage their finances, pursue investment opportunities, enhance their lifestyle, and address unexpected financial needs—all while optimizing their tax strategy.
In addition to the cutting-edge line of credit, TrustCard offers a white-label credit card program designed to elevate RIA brand visibility and client engagement. This customized program integrates seamlessly with TrustCard’s credit line and the RIA's brand identity, reinforcing trust and loyalty among clients. By offering a branded credit card, RIAs position themselves as innovative financial partners, amplifying their competitive edge in the market and staying top of mind and wallet.
Connect with TrustCard at Wealth Management EDGE 2024
Join us at the upcoming Wealth Management EDGE conference in Hollywood, Florida, on May 13-16 to learn more about how TrustCard can be your partner in client success and business growth. Let us help you transform client relationships with innovative financial solutions that set you apart in the competitive wealth management landscape.
