Investment Management is the professional management of various securities (stocks, bonds, mutual funds) and assets (real estate, art, jewelry) in order to meet the investor's requested investment goals.
If you are looking for an investment manager, we advise you to evaluate the organizations by using the three P's of investment management — Philosophy, Process and People.
Philosophy is the belief the organization has about the services they offer. At Town and Country Bank our philosophy is simple. We want to work side by side with our clients to ensure their individual financial goals are achieved. We want you to know what we are doing every step of the way, why we are doing it and outline the results you should expect.
Process is the way the overall philosophy is implemented. How do they determine an investment strategy? What assets are chosen as suitable investments? How do they decide what to buy and sell and when? What controls are in place to evaluate the holdings in an account and how often are they monitored? These questions among many others are addressed by Town and Country's professional staff prior to entering into an investment relationship.
People are the individuals you will work with on a daily basis. Town and Country employs a professional staff that has over 66 years of combined experience in the investment management field. We have the experience and the focus to tailor an investment plan, specifically for you, to ensure your financial goals are attained.
If you have questions or would like to set up a meeting, please call our Trust and Investment Services team today.
What is Trust Administration? It is the process under which a Trustee oversees the assets held in a trust.
For example, an individual creates a trust in which funds are left for the benefit of a child and used to pay for education expenses or distributed when the child reaches a certain age. A Trustee's duties involve ensuring that the assets are protected until the child reaches maturity and/or ensuring the funds in trust are used only for qualified education expenses.
That is where Town and Country Bank comes into the picture. We serve as the Trust Administrator for individuals throughout Central Illinois. In this position, our highest obligation is to protect the interests of our clients and the assets in the trust. At Town and Country, our professionals are experienced in all aspects of trust administration to guarantee the wishes of the grantor and the purpose of the trust are adhered to.
To learn more how we can assist you in your needs, please call us at 217.787.3100 or e-mail Trust@townandcountrybank.com.
Personal Record Keeping & Bill Pay
Many individuals, as they age, find themselves in need of assistance with their daily financial activities. Many are having memory issues and are vulnerable to financial abuse. Some do not want to burden relatives or do not have relatives living nearby.
At Town and Country Bank we can remove the day to day burden from you. We can maintain your accounts and ensure all of your bills are paid in a timely manner. More importantly we can protect you from being taken advantage of by others. This not only offers financial security but also provides peace of mind.
Town and Country Bank offers safekeeping services for firms or for individual's financial assets. As custodian, we arrange for the purchase or sale of assets, collect income on those assets and administer voluntary or involuntary corporate actions on the securities. We often perform additional services for clients as their needs warrant. Custodial services are available for retirement accounts as well as investment relationships.
At Town and Country Bank, our team of professionals are well versed in all aspects of estate planning and administration. What exactly is estate planning? It is the process of anticipating and arranging for the discarding of an estate. This process attempts to eliminate uncertainties over the administration of probate and maximize the value of the estate by reducing taxes and other related expenses.
Town and Country Bank is positioned to effectively collect all estate assets, carefully invest them during probate and complete the distribution process in a timely manner. We will also act as agent for inexperienced family members selected to act in an executor capacity.
For more information regarding estate planning with Town and Country Bank, please call our Trust and Investment Services team at 217.787.3100 or e-mail Trust@townandcountrybank.com.
Farmland, especially in states like Illinois, can make up a significant portion of an individual's estate. Many individuals want to make sure the property is maintained in the family for generations to come. Town and Country Bank has the expertise to ensure the farm is managed appropriately for present and future generations. We can also assist you in your estate planning to take advantage of taxation issues associated with farm ownership.
The Bank acts as court appointed legal guardian for minors or disabled adults in dealing with their financial estate. As guardian we handle all investment, bill pay and court reporting requirements. In addition we are positioned to make the necessary financial decisions required from a totally objective viewpoint.
Individual Retirement Accounts (IRAs)
An Individual Retirement Account (IRA) provides tax advantage savings for individuals seeking a comfortable retirement. At Town and Country Bank we have the expertise to assist our clients in determining which IRA option is best for them;
- Traditional IRA - Contributions are made pre-tax and withdrawals at retirement are taxed as income.
- Roth IRA - Contributions are made with after-tax assets and withdrawals at retirement are usually tax-free.
- Sep IRA - Allows an employer to make retirement plan contributions into a Traditional IRA established in the name of the employee.
- Simple IRA - A savings incentive match plan for employees that requires employer matching contributions to a plan whenever an employee makes a contribution.
Town and Country Bank employs a professional staff with over 125 years of combined investment experience. Our team can guide you through the various IRA options and assist in identifying the best one for you.