bayparkwatcher, as a trustee you are bound by the Uniform Prudent Investor’s Act. For your own education as to your responsibilities, I would suggest you read “Investing and Managing Trusts under the New Prudent Investor Rule” by John Train and Thomas A. Melfe. This book is easily ordered online and I’d suggest you read it ASAP. Then, if you will contact me via this board, I’ll create a temporary e-mail account so you can write me and get the name of the financial advisor I plan to use.
I am in my last class for certification as a professional fiduciary trustee and my eyes have really been opened by the classes I have taken. I will be testing the above mentioned advisor by moving a portion of my own portfolio over.
I don’t want to mention the name of the person as this is not the point of this board and also because I am just starting with the person.
