A trust department's activities often center around establishing:

Question

Quizplus · Accepted Answer

A trust department is responsible for managing a customer's assets and investments on their behalf. This requires the establishment of a fiduciary relationship, where the trust department acts in the best interests of the customer and is held to a high standard of care and loyalty. The other options - independent, partnership, and subservient - do not accurately describe the proper relationship between a trust department and its clients.

A Trust Department's Activities Often Center Around Establishing