Vintage Financial Partners offers corporate Trust Services in partnership with The Private Trust Company.
The Private Trust Company (PTC) is an independent trust company dedicated to the administration of trusts and other family wealth arrangements such as family offices, businesses and foundations.
Vintage Financial Partners and PTC serve you alongside your trusted professionals — attorneys, CPAs and accounting professionals — who rely on us to provide a high level of quality service and dedicated expertise across all aspects of trust administration. Our unique model enables you to continue working with the professional advisors you trust to place your interests first.

STANDARDS OF ACCEPTABILITY
PTC accepts a new appointment as trustee or agent only after careful evaluation of the accounts and assets within the trust. A trust with unacceptable and/or generally acceptable assets may have to be restructured prior to PTC’s acceptance of the appointment. In some cases, a trust may not be accepted by PTC, and should remain with the current trustee or utilize an individual or other trustee. In other cases, a trust may not be appropriate at all.
The tables below are designed to help you evaluate your accounts and assets and address any potential issues. Vintage Financial Partners and PTC do not provide legal advice. All legal issues should be referred to your attorney.
Acceptable Accounts
Personal trusts: revocable, irrevocable, agent/ custodian accounts, and Special Needs Trust
Charitable lead and remainder trusts
Stretch or trusteed IRA
Accounts under $1M in Assets:
Trust must have at least $500K in marketable securities and is limited to one investment platform
Illiquid assets limited to owner-occupied residential real estate above the $500K marketable securities minimum
Generally Acceptable Accounts
Private foundations subject to additional tax preparation fees2
Rabbi trusts
Trust settlements subject to additional fees2
Guardian/conservatorships
Unacceptable Accounts
Employee benefit plans or other ERISA qualified plans
Estate settlements
Offshore trusts
Private annuity trusts or deferred sales trusts
Acceptable Assets
Closed-end mutual funds or other publicly traded partnerships or real estate investment trusts (REITs)
Marketable securities
Mutual funds (except C shares)3
Alternative investments and other assets approved by LPL Research; must meet LPL acceptability and concentration restrictions4
Annuities: Acceptable by LPL (VAET required) but no CDSC, lump sum death benefits3&4
New life insurance policies; must be A or B graded by PTC
Securities minimum: Beneficiary occupied; under the control of an appointed responsible party; and under 50% of the account value5
Generally Acceptable Assets
Non-voting closely held corporate shares2
Collar option strategies (covered calls/writing puts)
Concentrations (with diversification sale plan in place)3
FLP and other LP Units2
Income-producing real estate: Must be under the control of an appointed responsible party; in an account over $3 million; adequately insured; and under 50% of account value2&3
LLC non-managing member interests2
Hedge and exchange funds: Subject to LPL limitations on all alternative investments4
Nonmarketable assets5
Nonmarketable promissory notes
Personal property: Generally acceptable if the property is to be sold or distributed immediately; the sale or distribution is completed by a non-PTC third party; and the property is under 25% of account value2&5
Private placements, private REITs: Must be preapproved by LPL4
Existing life insurance policies: Must be A or B graded by PTC6
Unacceptable Assets
Accounts with a line of credit, debt, or margin
Annuities deemed unacceptable by LPL
Any other asset deemed unacceptable by LPL
Derivatives other than covered calls or collar option strategies
Environmentally hazardous assets
Income-producing real estate that is not under the control of an appointed responsible party; of an account size under $3 million; inadequately insured; or over 50% of account value.
Insurance products other than life insurance or annuities
LLC managing member interests
General partner interests
Residential real estate, if over 50% of account value; not occupied by a beneficiary; or not under the control of a responsible party
Sole proprietorships
Voting closely held corporate shares
Liabilities or debt
Mutual fund C shares