Trust/fiduciary Services

Türkben Pedük
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Türkben Pedük: Trakya University

Journal of Finance Letters (Maliye ve Finans Yazıları), 2009, vol. 24, issue 83, 131-139

Abstract: Trust, a type of ownership and a management regime of as- sets, is an extremely flexible legal device in the century of material wealth management. Corporate fiduciaries like trust companies, trust departments of banks, and investment funds as trustees acquire fees and commissions due to their trust services, which create relationship-oriented and long-term oriented client base. Thus, trust services generate consistent revenues for financial institutions.

Keywords: Trust (Trusts); Trust Services; Wealth Management (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:acc:malfin:v:24:y:2009:i:83:p:131-139

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