To: Frantzie
Northern Trust does a great job with my folk’s money, but they do have a vested interest in high taxes, since high taxes mean that people need help structuring their assets to minimize taxes.
To: MediaMole
Correct. One of the few trust companies that has good returns. Bessemer Trust is another.
19 posted on
06/07/2010 8:00:42 PM PDT by
Frantzie
(Democrats = Party of I*lam)
To: MediaMole
since high taxes mean that people need help structuring their assets to minimize taxes. DING DING DING! No more calls folks, we have a winner.
20 posted on
06/07/2010 8:02:42 PM PDT by
Lurker
(The avalanche has begun. The pebbles no longer have a vote.)
To: MediaMole
but they do have a vested interest in high taxes, since high taxes mean that people need help structuring their assets to minimize taxes. Incorrect. Northern Trust generates its revenues primarily on fees generated by managing the total asset values of clients accounts. That is, the higher the value of the account the greater the fees generated.
23 posted on
06/07/2010 8:04:53 PM PDT by
usconservative
(When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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