Trusts are often the outcome of a well-thought out estate plan. They allow you to direct how your assets are managed during your life and after your death. Trusts are typically used in a variety of ways including:
A Trust account allows the account owner to transfer assets to one or more recipients, called trustees, who hold legal title to the transferred assets and manage the assets for the benefit of the owner or other named beneficiaries. We offer legally established taxable living, revocable, irrevocable and testamentary trusts. You must already have the trust created by an Attorney before opening a trust account.
The Galleon Flagship Trust Account protects your trusts assets, and allows you to manage your investments. This account has all of the standard features of a brokerage account, plus it helps you prepare the way for easier management and protection of the assets within your trust account after your passing.
Galleon Flagship Trust and Estate Services
Interested in our services? Speak with a financial professional.
Ext — 1907
Monday – Friday 8 a.m. to 8 p.m.
Saturday 10 a.m. to 4 p.m.
A managed account is well-suited for people that prefer to have their money and investments managed professionally by a portfolio manager and financial planner so they can focus on other aspects of their life…
US citizens living anywhere in the world and US resident aliens may open cash or margin Individual Retirement Accounts (IRAs).
IRA margin accounts allow trading so the account can be fully invested as well as the ability to trade multiple currencies and multiple currency products, but are subject to the following limitations:
No cash borrowing (i.e. cannot have a debit balance or short stocks).
IRA accounts may be opened in any base currency, but when trading in a non-base currency product, a currency trade must be executed first as you cannot borrow currencies.
Withdrawals are permitted only in USD.*
No stock or option cross-margining.
No currency borrowing.
Futures trading in an IRA margin account is subject to substantially higher margin requirements than in a non-IRA margin account. Margin rates in an IRA margin account may meet or exceed three times the overnight futures margin requirement imposed in a non-IRA margin account.
Customers are advised to consult with their adviser and tax specialist for further details on IRA rules and regulations.
Residents of Canada may not open Individual Retirement Accounts.