Trust & Asset Management

You can rely on our team of experienced professionals to ensure that every trust is appropriately and efficiently administered in accordance with Federal and State law.

OceanFirst Bank can serve as Trustee or Co-Trustee and administer a variety of trusts, including but not limited to:

• Revocable Trusts
• Standby Revocable Trusts
• Irrevocable Trusts
• Testamentary Trusts
• Special Needs Trusts
• Charitable Remainder Trusts

A fiduciary is a person who, by law, is responsible for acting in the best interests of another person. When you need the expertise of an independent fiduciary, OceanFirst can help. We take a highly personalized team approach to working with individuals and families as a fiduciary. We tailor our services based on the uniqueness of each relationship, in order to ensure that all financial needs are appropriately met.

If you are an individual interested in giving a gift or donation to a school, religious institution, or other community-oriented organization, find out more about charitable giving.

Together with our strategic partner, Addison Capital, OceanFirst can successfully manage custom investment portfolios for high-net-worth individuals, non-profit organizations and endowment funds. Individual investors who appreciate close personal attention can look to OceanFirst to receive extensive investment guidance tailored to their specific investment objectives. 

All clients receive a comprehensive investment profile to ensure their needs are thoroughly understood before investing any funds. When these objectives are properly defined, our highly experienced team can begin the process of structuring a portfolio to meet both short and long-term goals. 

Our investment strategy focuses on consistent, risk-adjusted results. We feature a three-prong investment approach that consists of technical, economic and fundamental strategies, resulting in the construction of both equity and fixed-income portfolios for our individual clients. 

We specialize in portfolios for the following types of investment management accounts: 

• Individual 
• IRA 
• Non-Profits / Endowments 
• Cash Management 
• Custody Accounts 

The role of an Executor in settling an estate can be cumbersome and complicated. Family dynamics may dictate the need for an objective and impartial third party. OceanFirst can serve in the capacity as an Executor or Agent for Executor and administer the Last Will and Testament in accordance with applicable state law. 

Executor/Agent For an Executor Services 

As an Executor, OceanFirst will carry out the instructions of the Testator and oversee the administrative duties, tax accountings and management of assets until final distributions are made to the beneficiaries. 

As an Agent for Executor, OceanFirst can take care of most estate administrative and asset management tasks, such as marshalling assets, arranging for payment of debts and expenses, executing securities transactions, recordkeeping and post-mortem planning for the estate and its beneficiaries. 

Ensuring that a disabled loved one receives the care he/she deserves requires expert guidance. At OceanFirst, we can help. Our team of trusted advisors is committed to making sure the needs of your loved one are appropriately met. 

A Special Needs Trust is a trust established on behalf of a person with special needs and is designed to manage the assets for that person's benefit, while permitting him/her to receive essential needs-based government benefits. A Special Needs Trust can be established with the beneficiary’s own assets, such as proceeds from a legal action, and is commonly known as a “first-party” or self-settled trust. A Special Needs Trust can also be established by a third party, such as a parent or grandparent, who establishes the trust with his/her own personal assets for the benefit of the beneficiary. 

Due to their complexity, Special Needs Trusts must be carefully structured and administered in order to be effective. OceanFirst can be your Special Needs Trust resource by serving as a Trustee or Co-Trustee. As such, we will manage the assets of the trust for the benefit of your loved one, according to the instructions that you have provided in the trust document.