Bloomberg Quotes Baker on Trust Consultants

Pritzker’s $54 Million Family Trust Fee Seen as Unique by Margaret Collins and Zachary Mider Bloomberg, May 21, 2013 Scott Baker said that consultants to trusts offer a variety of services such as investment management, tax planning, and administrative services. He added that consultants would be paid for that role by the trust and they can be a family member or beneficiary. Read the full article.

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Perspecta Trust Broadens Management Team

HAMPTON, NH (May 2, 2013) – Perspecta Trust announced today that it has promoted Scott Baker to the position of President, as well as hired Todd Mayo as a Principal of the firm. Mr. Baker is succeeding Paul Montrone, who had been the President of the trust company since its founding in 2007, and who will remain as Chairman and CEO. Mr. Baker is a twenty-year veteran of the wealth management industry and joined Perspecta in 2009, after a career with Goldman Sachs and Citigroup in New York City. Speaking of Mr. Baker’s new position, Paul Montrone said, “Perspecta has grown considerably under Scott’s leadership, and during this time we have established ourselves as the leading trust company in New Hampshire. In the years ahead, we will look to Scott…

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