Donna Botkin is senior vice president and senior trust officer for U.S. Trust, Bank of America Private Wealth Management in St. Louis. The company provides wealth management services that include investment, financial, tax, and estate planning, and private banking services.
Botkin chooses to partner with the professional team at the Foundation because of their ability to quickly establish a fund and administer the client’s wishes. The bank remains the financial custodian that manages the investment dollars.
“I’ve had several clients who had charitable intent and wanted to leave their money somewhere safe, where they knew someone would look after it when they were gone. The foundation allows them to set a goal and know that it will be carried on in perpetuity,” Botkin said.
Botkin has found that a successful partnership between the Foundation and a financial services provider can expand the client relationship to include estate planning, which can help gain the confidence and business of future generations.
“I’ve always enjoyed collaborating with the Foundation. They’re very professional, friendly, and dedicated. I don’t have to worry about introducing my clients to them – I know that they’ll be handled properly,” Botkin said.