Trust Center
Regulatory Oversight
American Estate & Trust is a Nevada-chartered trust company regulated by the Nevada Financial Institutions Division (FID) under Nevada Revised Statutes Chapter 669. We are subject to ongoing supervision, bonding, and audit requirements designed to protect the assets we hold in custody.
Charter & Supervision
As a retail trust company chartered under NRS Chapter 669, AET maintains the capital reserves, fidelity bonding, and operational standards required by Nevada law. Our charter subjects us to periodic regulatory examinations that evaluate financial condition, management practices, and internal controls. Board members and executive officers meet fit-and-proper standards established by the Nevada Financial Institutions Division.
- Minimum capital and liquidity reserves maintained at all times
- Fidelity bonding per NRS 669.240
- Periodic regulatory examinations of financial condition and controls
- Board and management oversight meeting fit-and-proper standards
Corporate Governance
Strong governance is the foundation of reliable custody. AET maintains clear lines of authority, documented escalation channels, and annual policy reviews across every critical domain.
Regulated custody means your assets are held by an institution subject to independent examinations, capital requirements, and governance standards — not just internal policies.
Examinations & Audits
Annual Financial Audit
An independent certified public accounting firm conducts a full financial audit each year, verifying the accuracy and integrity of our financial statements.
SOC 1 Type II Examination
A third-party examination of internal controls relevant to our custody and trust operations, covering design effectiveness and operating performance over time.
BSA/AML & Sanctions Reviews
Compliance reviews of our Bank Secrecy Act, anti-money laundering, OFAC, and sanctions programs ensure we meet federal regulatory expectations.
Internal Risk Assessments
Risk-control self-assessments are conducted internally and reported to the Board, with all findings tracked through remediation and regulatory reporting.
What Oversight Means in Practice
Regulatory oversight is not a badge. It is an ongoing obligation. For our clients and their advisors, it means that AET is subject to periodic state regulator examinations, required to maintain financial soundness and meet compliance standards, and that our executives and directors undergo vetting processes. This framework exists to protect the assets we hold and the people who entrust them to us.
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Questions About Our Regulatory Framework?
