Goldstar Trust Company: A Trustworthy Choice
- Goldstar Trust Company, National Association (GSTC) is the parent company of Goldstar Trust Company, Inc. (GSTC).
- C provides trust services to high net worth individuals, foundations, endowments, and pension funds.
- Goldstar Trust Company, National Association (GSTC) manages GSTC's capital through the issuance of debt securities, including commercial paper, and mortgage-backed securities.
- C is externally managed by Western International Securities, Inc. (WIS), a wholly owned broker-dealer subsidiary of Western International Securities Corp., a privately held asset management firm.
- C also provides discretionary and nondiscretionary investment management services to individual investors, including hedge funds, mutual funds, pension plans, and endowments.
Goldstar Trust Company (GSTC) offers investors trust services, asset management, and wealth management. Goldstar Trust Company has two divisions: Goldstar Trust Company, National Association (GSTC) and Goldstar Trust Company, Inc. (GSTC). GSTC offers asset management and wealth management services to private and public funds, as well as individual investors. GSTC provides discretionary and nondiscretionary investment management services to individual investors, including hedge funds, mutual funds, pension plans, and endowments.
Goldstar Trust Company, National Association (GSTC) is a federally chartered trust company that serves as the holding company for GSTC and is the direct, controlling shareholder of GSTC. GSTC provides trust services to high net worth individuals, foundations, endowments, and pension funds.
Goldstar Trust Overview
Goldstar Trust is a trust company that was established in 1985. Goldstar Trust is dedicated to providing services to its clients by serving as trustee, conservator, guardian, executor, and agent. Goldstar Trust is headquartered in Santa Ana, California.
Investment Products
Goldstar Trust offers several investment products, including mutual funds, fixed trusts, and variable trusts. It also offers the following accounts:
Retirement Savings Plan Accounts: The Self-Directed Retirement Savings Plan Account allows an investor to invest in a wide range of investments, including precious metals, real estate, commodities, mutual funds, hedge funds, and more.
Individual Retirement Account Accounts: The Individual Retirement Account Account allows an individual to invest in a wide range of products, including precious metals and mutual funds.
Wealth Preservation Accounts: The Wealth Preservation Account allows an individual to invest in a wide range of products.
Trust Accounts: The Trust Account allows an individual or company to create an irrevocable trust for investment purposes.
Fees
Goldstar Trust does not charge additional fees for trust administration services.
Reputation
Goldstar Trust Company, a subsidiary of Goldstar Trust Company Holding Corporation, has a good reputation in the industry.
Fees
Goldstar Trust Company charges fees ranging from 0.50% to 0.88% on assets depending on the account type.
Customer Support
Customer service is available Monday through Thursday from 8 a.m. to 5 p.m. ET and Friday from 8 a.m. to 4 p.m. ET.
Services
As a trust company, Goldstar provides trust services, including:
Trustee services for irrevocable trusts
Trustee services for revocable living trusts
Trustee services for asset protection trusts
Trustee services for charitable remainder trusts
Goldstar offers these services to individuals, families, and businesses as well as fiduciaries.
Cost
Goldstar's trust services depend on the trust types and company's jurisdiction. The fees range from $1,500 to $5,500 for irrevocable trusts, $500 to $2,500 for revocable living trusts, $650 to $2,200 for asset protection trusts, and $1,000 for charitable remainder trusts.
Additional Services
Goldstar offers other services, including:
Asset protection services
Income tax preparation
Elder law
Sensibility
Goldstar Trust Company:
Operating since 1993, Goldstar Trust Company is a trust company headquartered in Miami, Florida. It currently administers more than 200 trusts and estates.
Services
Goldstar Trust Company provides a variety of trust services, including the following:
Trustee services
Estate administration
Family wealth transfer
Tax planning and compliance
Private banking and investment services
Charitable planning
Flexibility
Goldstar trust services offer clients the opportunity to choose between a custodial service or trust services. Clients may take advantage of either one, depending on the goals of their work.
The trust services of Goldstar include:
A trust account. As a client, you may open a trust account to manage your assets.
A trust manager. A trust manager can be appointed to manage assets within a trust account. This appointed person, usually a family member, may, among other things, make decisions as to the use of assets, the distribution of assets, and the distribution of income.
A trust protector. A trust protector may be appointed to oversee and safeguard the trust's assets. A trust protector may also reform the trust's provisions, and may even terminate a trust.
A representative payee. A representative payee can be appointed to manage assets within the trust account.
A trustee. A trustee may be appointed to manage assets within the trust account.
A successor trustee. A successor trustee may be appointed to manage assets within the trust account.
A trust agreement. As a client, you may sign a trust agreement, which lays out the provisions and privileges of a trust.
A trust instrument. As a client, you may sign the trust instrument, which lays out the provisions and privileges of a trust.
Trust administration services. As part of your trust services, Goldstar provides trust administration services, which can include trust accounting, record keeping, and investment services.
Fees and Pricing
Goldstar Trust charges 0.48% annually for asset management, making it cheaper than the 0.50% average for similar firms.
Services
Goldstar Trust offers self-directed IRAs, as well as 529 college savings accounts, for clients interested in saving for their own retirement or their children's college education.
Customer Service
Goldstar Trust offers personalized customer service through regional offices around the country, as well as online and phone support. Its representatives provide personalized service and in-depth answers to customer questions and concerns.
Service charges
Goldstar Trust does not charge any ongoing fees for its services. Instead, it charges a one-time initial setup fee of $250. This setup fee covers the creation of a trust, trust agreement, and letters of instruction, as well as the maintenance of the trust.
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TrustStar Trust Company
Industry: Trusts and Estates
Assets: $3.3 billion
Founded: 1921
TrustStar Trust Company offers comprehensive and flexible trust and estate services. TrustStar Trust Company specializes in establishing and maintaining Trusts and Estates, including asset protection, generation-skipping trusts, charitable trusts, and more. TrustStar Trust Company is registered with all states and is supervised by the U.S. Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (FRB), and the U.S. Securities and Exchange Commission (SEC).