Nancy Egg Email & Phone Number

Responsible for the administration of 1,735 Trusteed IRAs and Inherited Trusteed IRAs totaling $650 million in assets under management for Merrill Lynch Pierce Fenner and Smith White Glove Advisory Teams in Houston, Chicago, and New York. Facilitate investment manager changes, overdraft management, Required Minimum Distribution calculations and satisfaction and accuracy of 1099R and 5498 preparations. Regularly participate in Financial Advisor and client/attorney conversations and correspondence regarding wealth transfer planning for IRA assets per the terms of Bank of America’s Trusteed IRA Trust Agreement and in consideration of current legislation including the SECURE Act. Evaluate beneficiary discretionary distribution requests per IRA Beneficiary Designation provisions and facilitate resolution of client issues and complaints. Active in working with Sales Team in securing new business and additional funds to existing business.

Responsible for the administration of approximately 300 standalone Trusteed IRA relationships with market values of $250,000-$500,000. Communicated regularly with Financial Advisors and clients regarding all aspects of Trusteed IRA account administration. Facilitated asset allocation and investment manger changes including completion of investment reviews and follow-up action on Reg. 9 issues. Served as IRA subject matter expert and Fiduciary Services Group Officer for Trusteed IRA accounts administered by Trust Officers in Houston, Texas and Hopewell, NJ offices.

Administered 200 personal trust accounts. Responsible for mutual fund asset allocation in accordance with Investment Oversight recommendations. Assumed managerial oversight for three Trust Officers and support staff. Prepared personnel recommendations and performance appraisals for staff members. Served as liaison between Fund Unit Officers, Financial Consultants and clients in a problem-solving capacity.

Responsible for administration of 175 personal trust accounts including Charitable Remainder Unit and Annuity Trusts, Investment Managing Agency accounts and Irrevocable Trusts. Participated in asset allocation decisions with clients, Financial Consultants and Smith Barney Asset Managers. Prepared Investments Reviews and coordinated trust tax preparation with tax vendor.

Responsible for establishing and maintaining Life Insurance trusts including fund transfers for premium payments, generation of Crummey notices and investment reviews. Performed document review for potential new business.

Education record

Jd

Bachelor, Legal Education

Summa Cum Laude