Trust Asset Reviews

EVC serves as a resource for banks and other financial institutions that manage trust accounts. Regulatory agencies require annual reviews of privately owned businesses that are held in trusts (Reg 9). Many banks outsource the valuation of these privately owned assets to meet their fiduciary responsibilities.

Some of the advantages of outsourcing include:

• Satisfy requirements of the Office of the Comptroller of the Currency (OCC).
• Address the fiduciary responsibility of the bank to review the asset performance.
• Provide an independent valuation of the asset held in trust.
• Cost effective solution that avoids overhead within the bank.
• Fees may be charged directly to the trust account.
• Valuations performed by experienced professionals with 25+ years of trust valuation experience.
• Reviews can be tailored to the bank's requirements, no formula approaches.
• EVC is staffed to provide quick turn around.

Privately owned businesses can be organized as corporations, limited liability companies, limited partnerships, general partnerships or sole proprietorships. We provide analysis of the company's financial performance, the economy and the industry.

Other services include:

• Provide investment recommendations to the account trustee, if requested.
• Selling of the trust's interest in the privately held company.
• Advising the company's board of directors.