Access Accounts
24 Hour Phone Link
Branch Locations & Hours
Rates
Email Us
 

Investments

Unlike other trust companies that have in-house investment advisors who use proprietary products and investment models for their trust accounts, the Trust Department at Essex Savings Bank employs a progressive philosophy of engaging outside investment advisors to invest the assets of our accounts. This unique arrangement allows the Trust Department to offer clients the highest level of local, high-touch trust and estate services while using world-class investment advisors and products in our accounts. This arrangement also allows greater investment diversity and portfolio choices.

Many of the Trust Department’s accounts are managed by the nationally-recognized firm of Essex Financial Services, Inc., which is the Bank’s subsidiary and closest partner.  

Our flexible business model, commonly called “open architecture”, means that for those clients who have a long-standing relationship with an investment advisor, the Trust Department may be able to accommodate this relationship by having that advisor serve as the investment manager for the trust or estate account.

For those trust and estate accounts administered by the Trust Department that do not have an investment advisor, the Trust Department can arrange for meetings with several of our best advisors including Essex Financial Services, Inc. and advisors from other nationally recognized investment firms.

Investments in stocks, bonds, mutual funds and annuities in fiduciary accounts are not a deposit or other obligation of Essex Savings Bank; are not insured by the Federal Deposit Insurance Corporation (FDIC) or any other federal government agency; and, may involve investment risks,
including, but not limited to, possible loss of value of principal.

 

 
Home | News & Notes | FDIC Transaction Account Guarantee Program | Privacy | Rates | Mortgage Calculator | Site Map