The Whittier Trust Companies (WTC) is a leading independent private trust company that focuses on protecting, enhancing, and perpetuating the wealth of high net worth clients throughout the United States and several foreign countries.
Established more than 75 years ago, WTC is entrusted to manage and consult on more than $8 billion in assets for families in more than 30 states. With offices in Los Angeles, San Francisco, Reno, and Seattle, the firm is now among the leading private trust and wealth management companies in the country. Whittier Trust Companies is recognized for its disciplined and comprehensive approach to protecting wealth, creating asset growth, and providing their clients with options for an fluid transition of assets to future generations. Enveloped into these investment philosophies is the Whittier Trust Companies’ commitment to assigning an average of only 20 client relationships to each client contact officer. This ensures frequent communication and individualized service at a level rarely matched by other wealth management services firms.
“The Whittier Trust Companies has experienced outstanding growth during the past,” said Michael J. Casey, president and CEO. “By hiring experienced executives, and promoting a number of our seasoned executives, WTC is well-positioned to build on our commitment to meet and exceed the diverse needs of our high net worth clients.”
Established in 1935 as the family office to the Whittier family, which was known for their role in the development of Beverly Hills and for the management and operation of Belridge Oil Company, the Whittier Trust Companies of today is the largest, independently owned family office headquartered on the West Coast. And though the company has grown to great new heights, their commitment to provide personalized services for families has not. WTC offers their clients both tailored services, as well as personal attention. In fact, they provide one of the industry’s best client-to-advisor ratios of 20 to 1.
With more than 75 years of experience serving high net worth families, Whittier Trust Companies’ family office services can assist with: business advisory, client administration, concierge services, custody services, wealth education, business succession planning, family governance, art advisory services, coordination of all advisors, and insurance evaluation and coordination.
The Whittier Trust Companies work closely with families to develop a personalized charitable giving strategy that meet their unique needs, vision and passions. WTC advisors also collaborate with clients’ attorneys and CPAs to ensure that charitable goals are integrated seamlessly with financial, tax, and estate plans.
WTC team members partner with families to create their mission statement and define their charitable goals. This often leads to conversations regarding values and legacy. Whittier Trust Companies can also assist in establishing foundation governance, including a board of directors, bylaws, and governance policies.
In addition, WTC can help ensure that younger generations are educated about the fundamentals of financial and investment management, as well as their significant responsibilities as good stewards for the future. Also, advisement services can include wealth education programs to better inform directors and trustees of their fiduciary responsibilities and share best practices related to foundation administration. When requested, we facilitate family or board retreats to foster more effective communication and establish or refine foundation mission statements, bylaws, and/or grant-making guidelines.