NH Trustees of Trust Funds Coalition

Trustees of Trust Funds in New Hampshire now have access to a full range of investment management and administrative support solutions through the NH Trustees of Trust Funds Coalition sponsored by Mackensen & Company, Inc.   We understand how difficult it can be to effectively manage your town or city's trust funds, particularly in today's low interest-rate environment.  As a Trustee, your search for higher returns can be overshadowed by the increased administrative burden of holding multiple accounts at different custodians and the difficulty of maintaining proper principal and income accounting for your trust funds.

While you can obtain assistance with investment management from bank trust departments and brokerage firms, these institutions generally do not provide the administrative support you need to maintain your trust fund accounts and prepare your required annual reports.  Through the Coalition, we can meet both of these needs, all for one low asset-based fee of 0.50%.

Coalition Purpose

• Share best trustee practices between NH towns & cities
• Provide professional investment management and administrative support to Trustees
• Improve municipal investment returns
• Ensure compliance with investment policy and state laws through prudent, fiduciary investment management
• Eliminate tedious Trustee bookkeeping
• Provide timely MS-9 and MS-10 reports to Trustees

Coalition Investment Objectives

• Provide prudent investment management
• Trust Funds invested according to the Prudent Investor Rule
• Capital Reserve Funds invested according to the Prudent Man Rule
• Simplify investment management and reporting

Coalition Service Objectives

• Provide full bookkeeping for Trustees
• Maintain principal & income accounting
• Produce MS-9 and MS-10 reports for Trustees
• Provide secure on-line account access

Through the Coalition, your accounts will be custodied at National Advisors Trust Company, a Federal Savings Bank with over $6 billion in assets regulated by the Office of the Comptroller of the Currency (OCC).  By law, all client securities held at National Advisors Trust are segregated, providing you with protection against custodial risk.  National Advisors Trust provides access to a full range of investment solutions including no-load mutual funds, exchange-traded funds and FDIC-insured deposit products.

Contact our office now at (603) 926-1775 or send us an email to learn more about how the Coalition can help you successfully meet your obligations as a Trustee of Trust Funds, or visit the Coalition online at www.nhttf.com.