What We Do

Eastern Point Trust Company is a multi-state non-depository, trust company and custodian with over three decades of trust experience. EPTC and related subsidiaries are licensed in multiple states to provide trust, and trust-related, services; as well as securities operations being subject to FINRA and SEC supervision audit and regulation.

For 30 years, our commitment to our company values have helped create an environment that puts client success first – which is a reason why our institutional and retail client relationships continue to grow. Eastern Point Trust has become the fastest growing trust company in the United States through the administration of trusts related to some of the most recognized cases in recent history.

FIDUCIARY EXPERTISE

Our staff is comprised of internationally recognized fiduciary and trust experts that Federal and State courts regularly rely upon related to expert testimony, trust construction, administration, and fiduciary matters. As a recognized international leader in the trust industry, EPTC was the only U.S. firm selected by the government of Japan to assist in creating a revised Japanese Trust code.

Our diverse fiduciary expertise and experience consist of:

  • Qualified Settlement Fund administration (QSF360)
  • Custodial Account, Settlement Trust, and Corporate Escrow Account Services
  • Rabbi & Restricted Trust administration and trustee services
  • Guardianship and Custodial Trust administration and trustee services
  • Pooled, First Party and Third Party Special Needs Trust administration and trustee services
  • Coogan Trust administration and trustee services
  • Institutional Corporate Trust administration and trustee services
  • Court Ordered Trust administration and trustee services
  • Foreign and Domestic trust services

For 30 years, the commitment to our company values have helped create services that focuses on our client success first – which is a main reason why our extensive institutional experience continues to grow today. EPTC has become the fastest growing trust company in the United States through the administration of trusts related to some of the most recognized cases in recent history.

GOVERNMENT REGULATED

Eastern Point provides the safety and security that comes from utilizing a licensed and regulated institutional trust company. Unlike providers who operate under no ongoing government agency supervision or audit, EPTC provides the peace of mind that only comes from having a regulated trust company as the fiduciary.

FINANCIAL INTEGRITY

Eastern Point provides support to trusts of all sizes and maintains standing money market and investment facilities with some of the largest and most respected sub-custodians, banks, and financial institution networks in the country with the ability to accommodate QSFs up to $10 billion. However, expanded cash, investment, and deposit facilities are available upon demand for larger requirements.

In addition to regulated net capital requirements and a clean balance sheet with no liabilities, EPTC maintains per event, per client primary, and umbrella coverages for liability, theft or missing funds, E&O and cybercrime protection. SPIC and the FDIC also insure accounts, as the case may be.

Additionally, as a non-depository trust company, the risk of theft and misuse of funds is inherently lower as all assets are held directly by the respective fund company or custodian bank and verified by the individual custodian daily. This structure eliminates any and all client risk from erosion of our financial condition or discounting business, and direct theft loss risk as EPTC holds no funds as a deposit or comingles client assets with EPTC assets.

As a non-depository trust company, all client assets are in segregated custody client asset accounts, and thus client assets are not at risk should EPTC cease operations. Further, client assets are protected by statute from claims of EPTC creditors.

COMPLIANT AND RISK AVERSE

With our independent internal and external compliance audit processes, we provide an unmatched level of compliance and risk avoidance ensuring adherence to all applicable court, state and federal requirements as well as asset safekeeping.

Eastern Point is one of the only financial service firms in the country to have a perfect compliance record since its historical inception in 1986.  With a robust system of checks and balances, along with independent internal and external compliance audit processes, we provide an unmatched level of compliance and risk avoidance that ensures adherence to all relevant court, state and federal requirements (including Dodd-Frank and Bank Secrecy Act), as well as asset safekeeping. Eastern Point’s securities trading and holding activities are audited and regulated subject to the Financial Industry Regulatory Authority (FINRA), the Securities and Exchange Commission (SEC), and state security regulators – which provides our clients with the assurance of continual oversight that most other trustees do not offer.

INVESTMENT MANAGEMENT

Eastern Point provides a robust set of model portfolios for institutional and retail clients. Our model portfolios comprise an array of the seven (7) primary investment objectives covering the entire spectrum of risk tolerance, from Capital Preservation to Aggressive Growth. 

While each model portfolio was founded with a different goal in mind, each is based and governed on a multi-factored risk tolerance and suitability process governed by an experienced, independent investment committee in accordance to a specific model portfolio’s investment policy statement.

The historical performance of the models has proven the value of the process, as average historical returns have exceeded the S&P 500 index with less risk.

For our clients who prefer to manage their portfolio themselves, custom portfolio management resources are readily available including access to over 5,000 mutual funds, over 1,000 ETFs, and stocks and bonds on United States stock exchanges.

AN INDUSTRY LEADER IN TRUST TECHNOLOGY

Eastern Point Trust Company owns intellectual property, including patents and registered trademarks, behind our proprietary trust technology, TrustWare, and other services exclusive to EPTC.

BENEFITS OF AN INDEPENDENT TRUST COMPANY

Also—as an independent multi-state, non-depositary trust company—we offer no competing settlement, legal or insurance products.

A GLOBAL LEADER IN QUALIFIED SETTLEMENT FUNDS

Through QSF360™, Eastern Point Trust has extended a wealth of qualified settlement fund experience by administering:

  • Portions of MDL No. 2179 | In Re: Oil Spill by the Oil Rig “Deepwater Horizon” (United States District Court, Eastern District of Louisiana)
  • Portions of MDL No. 2299 | In Re: Actos (Pioglitazone) Products Liability Litigation (United States District Court, Western District of Louisiana)
  • Portions of MDL No. 2272 | In Re: Zimmer Nexgen Knee Implant Products Liability Litigation (United States District Court, Northern District of Illinois)
  • Portions of MDL No. 1964 | In Re: NuvaRing Products Liability Litigation (United States District Court, Eastern District of Missouri)
  • Portions of MDL No. 875 | In Re: Asbestos Products Liability Litigation (No. VI) (United States District Court, Eastern District of Pennsylvania)
  • Portions of MDL No. 2693 | In Re: Vizio, Inc., Consumer Privacy Litigation (United States District Court, Central District of California)
  • Portions of MDL No. 1507 | In Re: Prempro Products Liability Litigation (United States District Court, Eastern District of Arkansas)
  • Portions of MDL No. 2385 | In Re: Pradaxa (Dabigatran Etexilate) Products Liability Litigation (United States District Court, Southern District of Illinois)
  • Portions of MDL No. 2325 | In Re: American Medical Systems, Inc., Pelvic Repair System Products Liability Litigation (United States District Court, Southern District of West Virginia)
  • Portions of MDL No. 2197 | In Re: DePuy Orthopaedics, Inc., ASR Hip Implant Products Liability Litigation (United States District Court, Northern District of Ohio)
  • Portions of MDL No. 1871 | In Re: Avandia Marketing, Sales Practices and Products Liability Litigation (United States District Court, Eastern District of Pennsylvania)
  • Portions of MDL No. 05-1726 | In Re: Medtronic, Inc. Implantable Defibrillators Products Liability Litigation (United States District Court, District of Minnesota)
  • Portions of MDL No. 2100 | In Re: Yasmin and YAZ (Drospirenone) Marketing, Sales Practices and Products Liability Litigation (United States District Court, Southern District of Illinois)
  • Portions of MDL No. 2327 | In Re: Xarelto Products Liability Litigation (United States District Court, Southern District of West Virginia)
  • Portions of MDL No. 2592 | In Re: Xarelto Products Liability Litigation (United States District Court, Eastern District of Louisiana)
  • Portions of MDL No. 2502 | In Re: Lipitor (Atorvastatin Calcium) Products Liability Litigation (United States District Court, District of South Carolina)
  • Portions of MDL No. 2691 | In Re: Viagra (Sildenafil Citrate) Products Liability Litigation (United States District Court, District of South Carolina)
  • Portions of MDL No. 33796 | In Re: Occidental Chemical Company, Et Al (Twenty-Third Judicial District Court, State of Louisiana)
SPECIAL NEEDS TRUST SERVICES

Only Eastern Point provides an integrated Special Needs Trust platform that provides the valuable and necessary protection of the claimants’ award from diluting their current and future government benefits. These include providing access and coordination with:

  • Special Needs National Pooled Trust
  • MSA National Pooled Trust
  • Individual (d)(4)(a) Special Needs Trusts
  • Individual Settlement Asset Management Trusts (with MSA provisions, as needed)
SUPPORTING YOUR BUSINESS, ALWAYS.

Your success is our priority. Throughout the past three decades of serving client financial needs, we have focused on delivering excellent service to all of our individual, institutional, and corporate clients. Our US-based 5-star support team is trained to resolve technical, system, software, and other support questions our clients have, within 20 seconds on average. * Our senior trust officers are available for free consultations from 8am-4pm ET.