For over nine decades, Suffolk County National Bank's Wealth Management Services has provided a high level of investment management, trust administration, estate and financial planning services to our clients. We offer expertise and a proven track record in providing customized solutions to individuals, families, endowments and foundations.  Our personalized, consultative approach creates a proactive relationship and the "peace of mind" for you which are essential to every relationship we build.

  

Investment Management

  • Customized investment planning
  • Strategic and tactical asset allocation
  • Professional portfolio management
  • Performance measurement and analysis
  • Risk management  

Traditional and Roth IRAs

  • Bank-managed
  • Self-directed
  • IRA rollovers 

 Trusts

  • Skilled, knowledgeable trust administrators
  • Preserve and manage assets
  • Trusts under will (testamentary trusts)
  • Revocable and irrevocable
  • Charitable trusts
  • IRA rollover trusts  

Executor

  • Professional estate management by experienced administrators
  • Timely compliance with court and tax filing requirements
  • Will serve individually or as co-executor with family member or other designee  

Guardianship

  • Responsible for individual's financial matters
  • Prudently manage assets and cash flows
  • Pay bills, monitor insurance and court filings, tax returns, etc.
  • Provide expertise, impartiality and peace of mind

 Agent for Fiduciary 

  • Carry out estate and trust administration tasks and trust investment management (advisory)
  • Perform all required tasks approved by executor(s) or trustee(s)
  • Services can be unbundled and priced individually to limit SCNB's duties to specific functions
  • Experienced and knowledgeable 

Custody*

  • Assets are held in safekeeping to enable you to carry out all investment decisions when you deem it appropriate; SCNB will then execute your instructions
  • Ideal where multiple parties must be updated regarding portfolio activity
  • Buy/sell, collection of income and record keeping provided

Escrow

  • Serve as independent 3rd party "stakeholder" to perform specific duties in accordance with the written excrow agreement
  • Assets held in accordance with a written agreement
  • Distributed to appropriate party upon the occurrence of specified event(s)

Personal Bill Paying Service

  • Free-up your precious time
  • Monthly reporting and cash position summaries provided 

Financial and Estate Planning

  • Evaluate current financial situation
  • Review critical documents including wills and trusts
  • Develop a clearly defined plan based upon your needs


Centrally located on Long Island at 3880 Veterans Memorial Highway in Bohemia, New York, our Wealth Management professionals are always available to meet with you to discuss your current and future needs.  Or let us come to you.  Just give us a call at 631.285.6600. We welcome the opportunity to meet with you!

James Gribbin, Senior Vice President
jgribbin@scnb.com

Linda Schwartz, Vice President
lschwartz@scnb.com

Wealth Management Services
3880 Veterans Memorial Highway
Bohemia, NY 11716
631.285.6600

 

*No investment advice or research provided.


Portfolio Access Link clients click here for online access


Some investment products offered through Wealth Management Services are not FDIC insured nor offered or guaranteed by the Suffolk County National Bank. These products may involve investment risks including possible loss of principal amount invested.


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