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 domestically 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.
Managing cash and liquidity is a critical element of any private banking wealth solution. At Cleveland Private Trust Company, 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.
CPTCO 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
CPTCO 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