Comerica Inc. announced Tuesday that it will provide professional trustee services to Independent Portfolio Consultants Inc., an advisory firm specializing in correspondent managed account services.
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The Boca Raton, Fla., firm's correspondents, primarily insurance companies and financial and estate planning organizations, will be able to offer their customers an array of fiduciary services through the Detroit banking company, including personal trust, estate settlement, and institutional trust services. As of March 31, Independent Portfolio Consultants was managing $1.8 billion of assets.
