Investment Advisory
Our number one goal is to protect our clients’ wealth as we would our own. We provide clients with fully customized, tax-managed, investment advice based on unbiased and independent analysis. Services include investment program construction; access to institutional level research, evaluation and oversight; and risk and performance analysis.
Services designed to assist investors in all aspects of decision-making related to the investment of their assets.
- Investment objectives development
- Investment strategy review
- Analysis of unique investment opportunities
- Investment manager monitoring
- Performance reporting, evaluation and monitoring
- Education on investment or governance related topics
We invest with a long term perspective and create customized investment strategies that will enable clients to meet their objectives. Our investment programs are specific to client needs, and are:
- Consistent with investment time horizons
- Reflective of risk tolerances
- Designed to meet liquidity needs
- Monitored on an ongoing basis
Trust & Estate Administration
New York Private Bank & Trust offers a full range of fiduciary services that take into account investment management, tax, reporting and estate planning needs. At all times, we act in our clients’ best interests by remaining objective and avoiding any potential conflicts of interest. New York Private Bank & Trust does not invest trust assets in proprietary investment products. We seek access to the best available managers and then monitor their performance to ensure that they continue to perform in our client’s best interests.
- Intellectual Capital: Our staff of fiduciary experts has extensive experience working with high-net-worth families and individuals administering sophisticated estates and trusts with traditional as well as non-traditional fiduciary assets.
- Services Offered: New York Private Bank & Trust offers a complete array of trust services including: acting as executer of an estate, administrative trustee, full trustee, co-trustee, trustee of charitable remainder or foundation trusts, as well as special needs trusts.
Estate Administration
Proper estate planning includes both minimizing future tax liabilities as well as ensuring the client’s wealth is distributed according to their wishes. New York Private Bank & Trust’s fiduciary experts have extensive experience working exclusively with high-net-worth families and individuals in administering sophisticated estates. This experience includes administering estates with traditional assets (stocks, bonds and tangible personal property), as well as non-traditional assets such as real estate holdings, operating business interests, partnerships, oil and gas interests, collectibles, hedge funds, private equity, structured notes and other alternative investments. Estate administration services include:
- Identifying and valuing estate assets
- Paying taxes, creditors and expenses
- Preparing and filing tax documents
- Distributing assets to beneficiaries
Non-Traditional Assets
Our substantial experience in dealing with sophisticated investments, real estate portfolios and operating business interests, allows us to assess a client’s entire portfolio and adopt a course of action designed to maximize value for the family, even if it means continuing to hold such assets. Estates owning real estate assets have access to the Milstein family’s world-class experience in developing, managing and operating real estate nationally and internationally. Similarly, through our affiliates, New York Private Bank & Trust’s fiduciary experts have access to sophisticated investment and business specialists with deep experience in evaluating on-going businesses, hiring and over-seeing management and determining how to best maximize value. We welcome the opportunity to work with you and your advisors in exploring ways in which New York Private Bank & Trust’s team of fiduciary experts can assist you in reaching your goals.
Precious Metals
Through our subsidiary, NYPB&T Precious Metals, LLC, we offer clients the ability to efficiently purchase and store physical precious metals. Using our state-of-the-art technology platform, we provide access to an institutional dealer network for transactions and a global network of secure vaulting facilities for safe storage of allocated bullion. Gold as the New Government Bonds – A summary for the wealth management clients of Gold Bullion International 
Gold as an asset class:
- Our experts are highly experienced in helping clients understand the dynamics of gold investing and how gold may help them preserve wealth for future generations.
Gold’s role in portfolio construction:
- “True” portfolio diversification – low correlation to most asset classes in “normal” markets and negatively correlated during periods of market stress
- Useful for protecting against losses from “tail events” and financial crises
- Protection against wealth decay impacts of inflation and currency devaluation
Other gold characteristics:
- Moderate volatility
- The gold market is deep and liquid
- Gold has no credit or counterparty risk
An array of precious metals products:
- Gold, silver, platinum, and palladium (bullion bars and coins)
- Global storage locations: Salt Lake City, New York, Toronto, London, Zurich, Singapore, and Melbourne. Clients may move holdings between vault locations and transfer-in metals held elsewhere.
Transparency and Liquidity
- Transactions are performed on an agency basis through a network of institutional dealers that actively compete for each transaction.
- Our competitive bidding model provides transparency, best execution, and access to a broad pool of liquidity
Storage and security
- Bullion is stored in allocated form and clients retain direct, titled ownership at all times
- Client holdings are fully insured for 100% replacement value by Lloyd’s of London
- Physical audits of stored metals by KPMG at each vault location
Delivery
- Clients may take possession of precious metals holdings at any time
- Precious metals are delivered via insured, commercial courier or armored vehicle
Banking
Managing cash and liquidity is a critical element of any Private Banking wealth solution. At New York Private Bank and Trust, your dedicated private banker will discuss with you deposit and credit solutions to meet your liquidity needs. Solutions are custom tailored to suit your specific risk tolerance, time horizon, personal goals and objectives.
Credit
New York Private Bank and Trust offers several credit solutions to help you manage your liquidity requirements while keeping your assets fully invested. By leveraging the credit capabilities of our parent company, Emigrant Bank, we are able to offer you a number of customized credit products. These may include:
- Loans secured by diversified marketable securities
- Loans secured by illiquid securities
- Loans secured by specialty assets (i.e. fine art, real estate…)
- Lines of credit for personal and business use
Deposits
New York Private Bank and Trust offers checking and savings accounts to our private clients with preferred rates on high balance accounts. Our products include:
- Personal checking accounts
- Business checking accounts
- Chairman’s Account: a savings account with preferred rates for higher balances and daily liquidity