Trust and Wealth Management
As the investment and fiduciary services arm of First National Bank & Trust, the Trust and Wealth Management Department serves the financial needs of individuals, families and businesses throughout the Upper Peninsula of Michigan and Northern Wisconsin. With community banking experience in mind and the ability to meet with you anywhere, our Trust & Wealth Management team offers a wide range of services to provide for your needs and exceed your expectations. Our varied services are:
- Trust Services
- Investment Management Services
- Retirement/Employee Benefit Plan Services
- Rollover IRA Services
- Estate Settlement Services
If you spent a lifetime building your wealth, protecting it is a priority. A trust is an account set up by a trust administrator to ensure funds are distributed to beneficiaries according to your wishes.
First National Trust & Wealth Management advisors work with you to develop your estate plan to insure that your wishes are fully addressed. Benefits of setting up a trust are:
- Helps ensure that the instructions specified in your estate plan are carried out.
- Protects your beneficiaries from expensive mistakes.
- Gives you control over how your assets are managed and distributed.
- Designates an individual who will manage your assets and financial affairs when you cannot.
- Offers strategies for maximizing your wealth and minimizing estate taxes.
Some examples of trusts are Revocable Living Trusts, Irrevocable Trusts, Testamentary Trusts and Charitable Trusts. We work with you to set up a trust that works to fulfill long term goals that benefit you and your family.
Wealth Management Services
Proper management of your investments over time can mean the difference between a comfortable living and just getting by. Wealth management services provide insight into the market and which investment choices align with your long-term and short-term goals.
At First National Bank & Trust, our Wealth Management team provides customers with sound financial solutions. Our investment management philosophy is to invest according to a proven and disciplined investment process. To do this we are committed to the following principals:
- We base our decisions on sound principals, not on predictions.
- We will not chase the latest fad or hot investment.
- We manage volatility through asset allocation and invest in securities with high financial quality and strength.
- We manage risk through portfolio diversification.
- We use high quality financial instruments in portfolio construction to create a comprehensive investment program based on your needs and objectives.
Meet Your Wealth Management Team
Michael L. Morgan, AFIM®, Vice President & Fiduciary Manager
Committed to both the bank & to the communities it serves, Michael is responsible for investment management, research, and account administration. He has earned his Bachelor’s Degree in Finance, accompanied with minors in Economics and Mathematics, from Northern Michigan University in 1987. Additionally, he is an Accredited Fiduciary Investment Manager by the Cannon Financial Institute and has over twenty five years of experience as an investment analyst and investment manager. He has extensive experience in the banking and trust industry with Wells Fargo & Co. (fka Michigan Financial Corporation). Michael is a proud member and past President of the Kiwanis Club of Marquette. Michael also serves on the Board of Directors for Marquette Little League, Articatz Volleyball Club and the Marquette Regional History Museum. Michael has also taken on the role of Head Coach of girls’ volleyball at Marquette Senior High School.
Cindy Gustafson, ChFC®, Vice President & Financial Advisor
Cindy is responsible for the brokerage area of the bank and brings a wealth of knowledge and experience through 19 years of industry experience. She began her career in financial planning and client service as a Paraplanner. Cindy attended Northeastern Wisconsin Technical College earning an Associate’s Degree in Accounting in 1983 and currently holds FINRA Series 7, 63 and 65 registrations and maintains life, health and variable annuity licenses. Cindy is a long time resident of the area and with her husband owns an area business. She is involved in the community through service to area organizations as a board member and is a member of the Iron Mountain-Kingsford Rotary Club.
Ray Juidici, AIF®, Vice President & Trust Officer
Ray is responsible for business development and account administration. Ray has 10 years of experience in the financial services industry, including Insurance, Financial Planning, and Banking. Ray’s educational background includes a Bachelor’s in Entrepreneurship from Northern Michigan University, an MBA from the University of Wisconsin – Eau Claire, as well as FINRA series 7, 63, and 65 licensing. Most recently Ray has earned the Accredited Investment Fiduciary, AIF® designation. Ray grew up in the Gwinn/Marquette area and has resided with his family in Menominee for the past 8 years.
Mikki Hall, Assistant Trust & Investment Administrator
Mikki is responsible for the daily trust and brokerage operations with a primary focus on client service and support to the trust and wealth management team. Mikki obtained an Associate’s Degree in Business from Auckland University of Technology. Before joining First National Bank & Trust in 2011, Mikki held a client services role at Public Trust, New Zealand’s largest trustee organization. Mikki is currently pursuing Paraplanner certification through The American College. Mikki is married to a native of Iron Mountain and has resided here since 2006.
Kristen Dzikowicz, Assistant Trust & Investment Administrator
Kristen joined First National Bank in 2014 and is responsible for daily trust operations with a primary focus on client service and support to the trust and wealth management team. Kristen attained a Bachelor of Science in Business Administration with a concentration in Human Resource Management from Ferris State University, and she seeks to begin pursuing her MBA in 2014. Kristen is knowledgeable in several aspects of business and has extensive professional experience in customer service. Prior to joining the First National Trust & Wealth management team, Kristen served as an Employment Services Specialist at Michigan Works! West Central in the Lower Peninsula.
Please contact us online or toll-free by phone at (800)779-2259 and allow us to find better ways to serve you.
Investments made in trust accounts are not deposits or obligations of, or guaranteed by First National Bank & Trust, are not insured by the FDIC or any government agency, and may lose value.