Agency Services

Need assistance with managing financial or property affairs?

Talk to us about our Trustees Private Wealth Agency Service

An agency arrangement differs from a property Enduring Power of Attorney. It is a formal agreement that is established which clearly outlines the duties and responsibilities of the agent, but does not continue if you lose mental capacity for any reason.

An agency agreement allows you to maintain control as decisions are made at your direction or in consultation with you and authorised in writing unless otherwise agreed. This service has particular appeal to those people who are busy or no longer physically or emotionally capable of dealing with their own finances – which often happens when clients are elderly, when one partner passes away, or when one or both enter residential care. It is also appealing to those who may want to travel extensively and need an impartial body to manage their affairs while they are away.

If you’d like to learn more about what an agent can do for you or someone you care about, talk to one of our Private Wealth specialists today.
Contact Us

What an agent does

In consultation with and at the client’s direction, an agent provides a dedicated and personal service that manages their financial affairs on their behalf. This service can be tailored to specific needs and cover short-term requirements, such as the transition to a retirement village, or long-term assistance.

An agent can perform a variety of duties to protect the client’s interests, including:

  • Paying bills and expenses
  • Managing properties, including finding tenants, collecting rent, or managing the sale of a home on the client’s behalf
  • The organisation with a transition to retirement or rest home care
  • Managing other investments and assets
  • Receiving income on their behalf
  • Issuing payments to the client as directed
  • Managing tax obligations.

In addition, the agent can perform any other relevant duty for the client as needed. Depending on the client’s needs, the role can be very limited, or all-encompassing.

Why use an organisation?

Anyone, such as a friend or a family member, can be appointed as an agent. However, there are significant advantages to using an impartial organisation like Trustees Executors. Private individuals can be easily drawn into family conflicts, retire, fall ill, or be distracted by personal matters. With a professional organisation, on the other hand, there is no risk of any issues being forgotten or neglected. Moreover, as an organisation we will always be here when needed offering continuity and consistency and operating with full professional knowledge and experience in law, business, finance, and investment matters. That means we will expertly manage our clients’ affairs, providing stability and peace of mind that a private individual simply can’t offer.

About Trustees Executors

Trustees Executors Limited was established in 1881 and is New Zealand’s first Trustee Company.
We provide a full range of financial and trust solutions to individuals, families and the corporate sector, including estate planning, trustee and investment advisory services.
We are a Licensed Financial Markets Supervisor and a leading provider of specialist Corporate Trustee and back-office fund administration services to some of New Zealand’s largest financial institutions, banks and fund managers. 

Copyright © 2024 Trustees Executors Limited – All Rights Reserved. No information or material can be copied or distributed without our express permission.

Popular Links
Company Information
Find us on
Pay an Invoice Online Portfolio Login