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Open Architecture

Salem Trust is an independent custodian. Our choice of platform is not constrained by investments in legacy systems. At Salem Trust, clients experience:

  • Platform flexibility without the legacy costs and rigidity of a proprietary system
  • Trade or settlement date statement choices
  • Capability for multiple recipients for a client and their service providers
  • Ability to provide a custody agreement or accept one drafted by a client’s attorney
  • Separately managed account reporting integrated in a consolidated statement
  • Ability to follow instructions by Email, fax or letter
  • Authorization guidelines that fit the requirements of each public pension plan and institutional client
  • Flexible support of a client’s other service providers

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Salem Trust Company, a Division of TMI Trust Company, is regulated by the Florida Department of Financial Regulation, Department of Financial Institutions