TD Ameritrade Institutional has teamed up with National Advisors Trust Company, FSB, in a strategic alliance to create Advisors Private Wealth Trust.

TD Ameritrade Institutional has teamed up with National Advisors Trust Company, FSB, in a strategic alliance to create Advisors Private Wealth Trust.

The new corporate trustee, exclusive to registered investment advisors, seeks to help Baby Boomers transfer and preserve their wealth for future generations.

“As the baby boomers age, demand for trust services will only increase, particularly among high net worth investors. With Advisors Private Wealth Trust, RIAs can grow their businesses and gain a share of the wealth set to be transferred between generations,” said Jim Dario, managing director of product management and services at TD Ameritrade Institutional.

Advisors Private Wealth Trust will also focus on a younger clientele, allowing advisors to attract next generation investors, who collectively are projected to inherit as much as $30 trillion by 2030.

TD Ameritrade Institutional, with its reach of more than 4,500 RIAs, will integrate the trustee solution within its platform, offering clients a dedicated trustee while advisors continue to help manage their assets.

“We believe advisors and their clients will benefit by working with a trust services company that’s owned by advisors, understands the needs of RIAs and has a history of stable ownership,” said National Advisors Trust Company's chief executive and president, Jim Combs.