In 1998, an opportunity was created for Salem Trust Company. Many banks and trust companies chose to stop helping government retirement plans and institutional clients with asset custody and investment safekeeping. The custodians who remained cut back on personal service. Salem Trust decided to ignore conventional thinking to focus on delivering, with a personal touch, institutional asset custody to government retirement plans and institutional clients.
Two decades later, our government and institutional clients still experience securities settlement, safekeeping, recordkeeping and reporting services that are direct, personalized, and never routed to a call center. And our services extend to our clients’ service partners. We work one-on-one with third-party administrators, investment managers, retirees and other stakeholders.
An Authentic Difference sm happens when clients are treated with real service. This is why clients have been with Salem Trust for an average of 11 1/2 years.
Client Relationships That Last