The news of the day was that JP Morgan Chase, held in esteem by many as the pre-eminent mega-bank, had sorely miscalculated and lost a couple of billion dollars or so on what was characterized as a “hedge.” These guys were reputed to be the best and the brightest. If this was a hedge, where are the offsetting profits?
This debacle was not the work of a single rogue trader. Allegedly, the decisions were made in the Chief Investment Office. Continue Reading
Established in 1994, Mission Management & Trust Co. is an independent trust company licensed, regulated, and examined by the Arizona Department of Financial Institutions. Mission was founded with a three-pronged set of objectives:
lead the field as a top quality trust company
promote increase opportunities for women and minorities
contribute a meaningful portion of all revenues to charitable projects
Mission has accomplished these objectives and continues to offer extraordinary trust and investment services to both a local and national clientele.
Consider Mission if:
You wish to secure your financial future with all-weather investment strategies—ones with proven track records of protecting value during down markets and growing value when it’s safer to invest
You need a professional, yet compassionate, corporate trustee for a family trust or foundation
Your organization needs financial management that will honor your fiduciary responsibilities and provide long-term growth of assets
Your institution needs reliable, flexible, custom-tailored securities custody service
You have opportunities to invest in non-traditional assets in your IRA and need a custodian to handle the assets
