Friday, May 15, 2015

May 2015 - Monroe County Inc Show

We're excited to reintroduce the Monroe Bank & Trust CARES Blog, now in video format. This video blog features a thoughtful monthly update about our regional economy, legislative impact on financial topics, MBT outreach in our communities and insights into managing your finances. This week's post features the Monroe County Inc. Show.

We hope that you will find these interesting and informative, and that you will share them with your friends and colleagues via social media or by free subscriptions. It’s easy – just enter your email address or click on the Share on Facebook icon.




This month's Monroe County Inc. Show features Eli Oklejas, Founder & President of Fluid Equipment Development Company “FEDCO”, Deb Staelgraeve, owner of Deb's Floral Designs and Event Specialist and Jake LaRoy, President of LaRoy Door and Contracting. Chairman of the Monroe County Economic Development Corporation, Tracy Oberleiter (Monroe Bank & Trust SVP Senior Business Development Manager), is pleased to continue to host this informative and interactive show. Please view and share this video!

Thursday, April 16, 2015

April 2015 - Monroe Bank & Trust Video Blog and Economic Update

We're excited to reintroduce the Monroe Bank & Trust CARES Blog, now in video format. This video blog features a thoughtful monthly update about our regional economy, legislative impact on financial topics, MBT outreach in our communities and insights into managing your finances. Segments will feature MBT experts and will be hosted by Monroe Bank & Trust President & CEO, Doug Chaffin.

We hope that you will find these interesting and informative, and that you will share them with your friends and colleagues via social media or by free subscriptions. It’s easy – just enter your email address or click on the Share on Facebook icon.



View the April 2015 Monroe Bank & Trust Video Blog and Economic Update. This month's video highlights MBT Mortgages. Hear about the mortgage outlook for Southeast Michigan and learn about the new MBT Mortgage Office located in Downtown Monroe. Featuring Doug Chaffin, President and CEO, Vicki Franzen, Senior Vice President Group Services Manager and Aaron Mason, Vice President Mortgage Department Manager.

 



Wednesday, March 19, 2014

Focus on our Customers: Monroe Bank & Trust Wealth Management Group – Powerful, Personalized Performance


This series of original articles focuses on our local business customers, employees and other areas of interest to our communities including local initiatives and non-profit organizations. We hope that you will find these interesting and informative, and that you will share them with your friends and colleagues via social media or by free subscriptions. It’s easy – just enter your email address or click on the Share on Facebook icon.

Monroe Bank & Trust’s mission is to be “the premier independent provider of financial services in each of the communities we serve”. Our mission is our passion and since our inception in 1858, we have constantly striven to meet and exceed the expectations of our customers, employees and our communities.

Nowhere is this more evident than with our Wealth Management Group. Formed in 1942, the group has steadily grown to become the sixth largest Michigan based asset management provider responsible for $710 Million, and a trusted resource for financial guidance.

Our philosophy is simple and straight forward, and is the basis for our success: we provide each client with powerful, personalized performance.

We support this philosophy through three basic principles that set us apart from other financial services providers – large or small.

First, we select, hire and nurture experienced people. Second, we structure the Wealth Management Group to deliver service through a team approach. Third, we utilize a proprietary process for research and investment management.

We are proud to attract talented and experienced individuals to our Wealth Management team which is comprised of 26 seasoned and credentialed professionals including attorneys, Masters of Business Administration degree holders (MBAs), Chartered Financial Analysts (CFAs), Certified Trust and Financial Advisors (CTFAs) and Certified Retirement Services Professionals (CRSPs)>.

The level of experience and professionalism of our team enables us to ensure that all of our clients work with individuals with over ten years of experience – no matter what the size of their portfolio. Other institutions generally assign their seasoned advisors to clients based on account size and often have limited staff or 800 number service for those with smaller portfolios. We guarantee that all of our clients have regular contact with their advisors – whether it’s, monthly quarterly or semi-annually. Our client-driven approach is an important element of the service we provide and is essential to our success.

Additionally, we manage assets that are held in trust accounts as well as assets held in other account types including IRAs. Portfolios range in size from $300,000 on up. Many institutions have increased their portfolio size requirements and manage smaller portfolios through a brokerage arm.

Our team approach to client service also ensures that our advisors have the time necessary to manage client accounts proactively. Each client works with a team that includes an administrator, portfolio manager and administrative assistant. We are thus able to respond very quickly to client needs and use our internal CARE process (which stands for Communicate, Ask Questions, Respond of Refer, and Enjoy the Results) as our model.

The MBT Wealth Management Group frequently works with trust accounts and often acts as the trustee, co-trustee or agent for the trustee. We ensure that our clients’ wishes are carried out both during their lifetime and afterward, and that the assets held in trust are managed according to the directives written in the trust documents. Additionally, we work with trust clients to properly execute strategies for wealth transfer to beneficiaries, alleviate issues which can arise within families and other beneficiaries, and perform tax filings and other administrative duties appropriately and in a timely fashion.

The group also manages the estate settlement process, including the valuation, disposition and distribution of assets according to the wishes of the deceased or the courts. We provide impartial dispute resolution and objective decision making.

Many investors often don’t realize the difference between a broker and the MBT Wealth Management Group, for example. It is important to understand that trust administration requires a fiduciary, and acting in a fiduciary capacity is the highest level of responsibility. All accounts at MBT Wealth Management are managed to a fiduciary standard. Brokers must fulfill a suitability standard which, while high, is often more subjective. Additionally, brokers are typically commission based as opposed to fee based arrangements.

Finally, the Wealth Management Group offers a top performing proprietary process for selecting equity and fixed income investment options, including personal contact with the companies in which we invest. This enables us to tailor a portfolio to a client’s specific needs and to constantly monitor the performance. We don’t just rely upon “canned” research, but are actively analyzing economic data and information. Thus, we are always planning for the long term needs of our clients and their families.

Senior Vice President and Managing Director of Investments stated, “We never try to ‘time the market’. Our core philosophy on investing is that it be consistent. We offer model portfolios or customized plans for clients based upon their needs. Our internal research is crucial to this effort – and our clients appreciate it. We are consistent in the methodology we use to build portfolios and to adjust to market conditions.”

Audrey Mistor, Executive Vice President and Wealth Management Group Manager added that “we treat all of our clients as first-class customers – not coach. Clients can rely upon the fact that they will always be working with seasoned, experienced professionals with solid credentials and expertise. Our clients know that we are accessible, that we follow through, and that we are proactive. We are, indeed, trusted advisors.”

For further information, visit the MBT Wealth Management Group on the web at
www.mbandt.com or call 800-321-0032 to meet with an advisor. Experience our powerful, personalized performance first hand!