The First Command Bank Wealth Management & Trust Services Group provides investment management services which are designed for high net worth clients who desire and need catered service with full flexibility in the composition of their portfolio. IMAs may also be the right solution for non-profit groups. These Investment Management Accounts ("IMAs") offer exclusive tailored services not available in other First Command products.
Even if a bank or trust company fails, investment management assets are safe. By law, trust assets must be kept separate from all other bank assets. For example, they cannot be loaned out, mixed with the corporate trustee’s own assets or used to satisfy its creditors. Because of these safeguards, trust assets are not insured by the FDIC.
IMAs offered by First Command Bank are tailored asset allocation portfolios using primarily equity and bond mutual funds but can also include individual stocks, ETFs and/or bonds. IMA portfolios may be established by investing proceeds from security liquidations, cash contributions or transferring existing securities in kind to the IMA.
IMAs can be the right solution for you. IMAs offer exclusive tailored services. If you are interested in learning more about our IMA product, call the First Command Bank Wealth Management & Trust Services Group at 888-763-7603, option 3, and talk directly with a member of the IMA team about the suitability of an IMA for your situation.