Establishing Trust through professional and personal relationships

Revocable Trusts

As a Trust Representative Office of First National Bank and Trust Company, Beagle Burke Trust is backed by an extremely strong financial institution. FNBT was established over 130 years ago as a premier financial institution founded on the principles of sound conservative management. The Trust Company was chartered in the early 1930’s and is today one of the oldest trust companies in the nation. With several million dollars in assets, a strong history of growth and profitability, the authorization to conduct business in all 50 states and high ratings from the Office of the Comptroller of the Currency, FNBT is poised to provide independence, security, trust and protection to its clients. While providing the added security of FNBT, BBT remains a local organization that offers Trust Services with a person-centered approach tailored to each client’s specific needs.

First National Bank and Trust Company is required to pass OCC and FDIC examinations that cover all areas of the financial institution including the qualifications of senior officers and directors, the effectiveness of board oversight and the institution’s compliance with provisions of the USA Patriot Act, Office of Foreign Assets Control, Financial Crimes Enforcement Network, regulations on Politically Exposed Persons and the Bank Secrecy Act (BSA) which covers the policies, procedures, compliance records and training of all the FNBT employees. In addition to governmental regulatory examinations, First National Bank and Trust Company’s board of directors contracts with an independent auditor to perform on an annual basis full financial audits of both the Holding Company and bank.

John Gakenheimer, CFP® of Concorde Asset Management has been selected as the Investment Advisor for BBT. Mr. Gakenheimer is a founder of Concorde Holdings, Inc., the holding company for a nationwide broker dealer, registered investment advisor and insurance agency. John began his career in 1975 by passing his Series 7 and became a Certified Financial Planner® in 1981. In March 1997, he incorporated Questar Capital Corporation and later founded Questar Asset Management, its registered investment advisor. Questar was sold to Allianz Life of North America in 2005. From 1998 to 2001, John operated the Avalon Capital Appreciation mutual fund for Questar.

For more information on Beagle Burke Trust Services, please click on the links below.