What is the trust business model in the United States?

American trust business model is a specialized financial service model, with trust companies as custodians, providing comprehensive financial planning and management services for customers, helping customers achieve their financial goals and aspirations, and protecting their property safety and interests from losses. The main clients of American trust business include individuals, families, enterprises and charities. Trust companies can make personalized financial planning and management plans according to customers' needs and requirements, help customers achieve their financial goals and wishes, and protect their property safety and interests from losses. Trust companies usually charge a certain management fee and a certain investment management fee according to the investment income of customers. Trust companies are usually composed of professional trust managers with financial, legal, tax and other professional knowledge, and can provide customers with comprehensive financial planning and management services.