What is another word for trust company?
Pronunciation: [tɹˈʌst kˈʌmpəni] (IPA) 
A trust company is a financial institution that manages and administers trusts, estates, investment accounts, and other financial assets on behalf of individuals, businesses, and other entities. There are several different terms that can be used interchangeably to describe a trust company, including fiduciary, investment management, asset management, and wealth management. A fiduciary is a person or institution that acts on behalf of an individual or group and is responsible for managing their assets and investments in a trustworthy and responsible manner. Investment management companies focus on managing investment portfolios and other financial assets for their clients, while asset management firms specialize in managing tangible and intangible assets. Wealth management companies provide comprehensive financial planning and investment management services to high net worth individuals and families.
