By Ryan Yuhnke
Professional fiduciaries have a lot on their plates. Between managing the recordkeeping requirements, balancing the accounts, upholding the fiduciary standard, and making decisions that align with another person’s best interest, there’s a lot of work to do. It can be challenging, to say the least.
That’s where we come in. At Court Investment Services, we provide a number of specialized resources to help professional fiduciaries navigate their roles. Here’s what you can expect when you work with us.
Managing Cases With Special Circumstances & Restrictions
At CIS, we often work with attorneys to manage probate cases for clients who have been appointed to act in a fiduciary role (executor, conservator, guardian, trustee, etc.). But since being a fiduciary comes with a bond requirement, oftentimes professional fiduciaries who are just starting out are unable to qualify for the bond. In these cases, clients are required to enter into an agreement that falls under special circumstances or requires additional restrictions.
We are well versed in helping clients navigate cases with special circumstances and restrictions. We can assist in getting them to the right people and facilitating the paperwork necessary to qualify for the fiduciary role even if you don’t meet the bond requirements.
Comprehensive Administrative Support
The fiduciary role requires quite a bit of recordkeeping and document organization, a task that can be time-consuming, tedious, and hard to keep track of. With our comprehensive administrative support, we are able to facilitate the back-end office of the fiduciary, ensuring they have accurate accounting and financial records for all transactions.
We will provide transaction reports and documentation on request, which can save new fiduciaries time, energy, and frustration as they navigate their new role.
Dedicated Investment Representative & Relationship Manager
One of the biggest benefits of working with CIS is the dedicated, licensed investment representative relationship we provide. On top of that, we also utilize a dedicated relationship manager for each account to provide concierge-level service to all clients.
Not only can we help you determine which investment decisions need to be made immediately and which can wait, but we also provide detailed investment recommendations based on the unique needs of our clients and their beneficiaries.
We can help you maintain compliance and fulfill your fiduciary duty by overseeing the assets and making sure they are in line with the Uniform Prudent Investor Act. We can assist with consolidating accounts by assistance with retitling investments at various transfer agents, brokerage firms, and investment companies, bringing everything under one roof so you’re not wasting time and energy dealing with several different vendors.
Additionally, our dedicated service representative will develop a working relationship with you, guiding you through the numerous decisions you’ll have to make and ensuring that the fiduciary standard is always maintained.
Level of Expertise & Convenience
At CIS, everything can be handled via phone or email, which maximizes your time as a professional fiduciary. With all you have to manage, being able to reach us on your time frame and at your convenience is one of the biggest ways we can provide value to you as our client.
We can provide recommendations across several different types of computer systems and software so you don’t have to learn a new system just to work with us. We work around your schedule and needs in order to ensure the highest level of service.
We also have a level of expertise that is unparalleled in the fiduciary and probate markets. We pride ourselves on our service, organization, and exclusive coverage of these markets, and we continually strive to be the most knowledgeable “subject matter experts.” We stay up to date on court-compliance topics and market movements, providing educational resources and support so our clients can feel confident about the investment decisions we make together.
Are You a Professional Fiduciary Looking for Support?
If you are a professional fiduciary looking for advice or support, we would love to hear from you! At CIS, we have the tools and expertise needed to help you navigate your newfound role with confidence. To learn more about our process and how we can help you, schedule an appointment by contacting us at (800) 880-2760 or Contact@CourtInvestmentServices.com.
About Ryan
Ryan Yuhnke is founder and Principal at Court Investment Services, an independent, fee-based investment firm that serves attorneys and fiduciaries as they manage estate-held assets. With two decades of experience, Ryan’s proactive, relationship-based process saves his clients time and money while putting them first in everything. He provides services and support to help attorneys and professional partners oversee and manage special-needs trusts, estates, conservatorships, guardianships, and other court accounts, including IRAs, 401(k)s, and all manner of retirement accounts that also fall under his clients’ management. Ryan is known for his commitment to excellence and transparency and his deep knowledge of probate laws, court compliance, and strategies to keep assets safe while abiding by all court and probate code directives. Ryan’s goal is to make his clients’ lives easier, providing investment support and education along the way.
Ryan has a bachelor’s degree in economics from the University of California, Irvine, and built his career working in banks, national investment firms, and registered investment advisory firms (RIAs.) Prior to starting CIS, he earned the title of First Vice President, and Portfolio Management Director while employed at Morgan Stanley in Newport Beach, CA. When he’s not working, Ryan can be found traveling and enjoying time with family and friends. This might include golf in the warmer months and snowboarding in the cooler months. To learn more about Ryan, connect with him on LinkedIn.
