July 25, 2025 — (WILMINGTON, DE) Alvarez & Marsal Private Wealth Partners (AMPWP) is pleased to announce that it has submitted an application to the Office of the Comptroller of the Currency (OCC) to establish Alvarez & Marsal Trust Company, National Association, a special purpose national bank dedicated to providing trust and estate services.

The proposed Trust Company will be headquartered in Wilmington, Delaware, and will serve as a platform to further support AMPWP’s ultra-high-net-worth clients and their families. Upon approval, the trust company will be able to act as a fiduciary for trusts, estates, foundations, and other fiduciary structures.

The Trust Company will be led by Elizabeth “Beth” King, Founding Partner and Managing Director at AMPWP, who brings nearly two decades of experience in trust and estate planning, philanthropic advisory, family governance, and bespoke fiduciary structuring. Beth previously served as President of the Delaware Trust Companies at both Brown Brothers Harriman and J.P. Morgan, and is a Fellow of the American College of Trust and Estate Counsel.

Beth leads AMPWP’s Trust, Estate, and Philanthropic Advisory practice, which guides individuals, families, and foundations in achieving multigenerational wealth goals. She is known for her thoughtful, values-driven approach and deep experience in fiduciary governance, next-generation education, and legacy design.

AMPWP’s expansion into trust services reflects its commitment to delivering integrated, institutional-grade solutions across all facets of wealth planning, enabling clients to protect, preserve, and pass on their legacies with clarity and confidence.

For more information about the OCC application process, please refer to the OCC Weekly Bulletin.

Any person desiring to comment on the application may do so by submitting written comments within 30 days of publication to the OCC Director for District Licensing at 340 Madison Avenue, 5th Floor, New York, NY 10173 or via email at LicensingPublicComments@occ.treas.gov.

About Alvarez & Marsal Private Wealth Partners

A&M Private Wealth Partners (AMPWP) will operate as an independent affiliate of Alvarez & Marsal, a leading global professional services firm that provides advisory, business performance improvement and turnaround management services since 1983. Established to address the unique needs of ultra-high-net-worth clients, AMPWP delivers comprehensive wealth management solutions, including investment advice, wealth planning, and family office services. Drawing on A&M’s extensive expertise in tax strategy, corporate transactions, and private equity advisory, AMPWP is committed to providing tailored, client-centric strategies that enhance wealth preservation and support the long-term objectives of families and financial sponsors. For additional information, please visit the A&M Private Wealth Partners website at www.ampwp.com.

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