Endowment care

As a trustee of a cemetery or funeral home, you are tasked with balancing the urgent needs of today with the uncertain demands of tomorrow. You must contend with complex financial and operational challenges that, if managed improperly, can have devastating effects on your organization’s financial future. But it’s not just your organization that is at risk — trustees now face increased regulatory scrutiny, a dramatic rise in fiduciary responsibility, and the potential for personal liability. 


Given these challenges, trustees can benefit from trusted financial advice from professionals with experience in the highly-specialized death care industry. 


SB Wealth Strategies (SBWS) has been providing independent investment consulting services to the death care industry for the past 25 years. Pat Severo, SBWS’s principal founder, has been a financial advisor for more than thirty years and is actively involved in the Cemetery and Mortuary Association of California (CMAC) and the International Cemetery, Cremation and Funeral Association (ICCFA). We understand the operational and regulatory complexities of this industry and we address important issues today to work toward a successful tomorrow. Through this unique combination of industry knowledge and investment experience, we can help your organization construct, implement, and monitor an investment strategy that meets your current and future objectives.

Strategic advice to:

  • Create an IPS or review and update your current IPS
  • Assess endowment care adequacy
  • Maximize income from endowed or pre-need trust assets
  • Invest pre-need trusts during low interest rate environments
  • Restore under-funded or neglected endowment trusts
  • Navigate regulatory changes and restrictive state mandates
  • Satisfy stewardship responsibilities
  • Mitigate fiduciary risk

Brochure

To learn more about our endowment care process please view our brochure here.

 

Organizations served include:

  • Non-Profit
  • Private and commercial for-profit
  • Religious
  • Municipal
Disclosures

Brett Bartman, NMLS # 1508556 through City National Bank, may receive compensation from RBC Wealth Management for referring customers to City National Bank. Banking products and services are offered or issued by City National Bank, an affiliate of RBC Wealth Management, a division of RBC Capital Markets, LLC, Member NYSE/FINRA/SIPC and are subject to City National Banks terms and conditions. Products and services offered through City National Bank are not insured by SIPC. City National Bank Member FDIC.

Investment products offered through RBC Wealth Management are not FDIC insured, are not guaranteed by City National Bank and may lose value.