Trust Updates Archive

Fiduciary assets gross revenue Trust Performance Report A.M. Publishing Garbo Fiduciary Assets Reach Record High; Revenues Catching Up

(January 6, 2011 --Chicago, IL) -- 2011 appears poised to set a new revenue record for the fiduciary industry.

In the third quarter of 2010, the fiduciary industry reached a new asset record: $86 trillion. Some $3.5 trillion more than 2007’s high of $82.5 trillion. Custody assets led the third-quarter spike. Noncustody assets lagged at $20 trillion, some $4 trillion below 2007’s high.

Gross revenues have been growing steadily in 2010 as expected--revenue tends to lag asset trends. Fiduciary asset rebounded in 2009.

TPR projects total 2010 industry gross revenue at some $30 billion or $3.6 billion below 2008’s high. However, given current asset values, 2011 revenues are expected to set a new record.

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Trust Performance Report’s annual data book (published in May) provides both industry and peer group performance data by assets, gross revenue, net income, and account category; subscribers receive quarterly updates. TPR findings are based on its annual survey of the top 1500 fiduciary institutions. Quarterly updates track 350 institutions and are a complimentary service for TPR subscribers.

For more performance and benchmark data see TRUST PERFORMANCE REPORT 2010. To order Click Here.


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