The National Planning Corporation (NPC) has launched NPC Trust Services, a program that provides a comprehensive suite of trust services to current clients and future prospects, officials said.

NPC advisors will act as the trust relationship manager for their clients under the program, providing information and guidance about living trusts, charitable trusts, trusts created by will, revocable trusts and employee benefit plans.

National Advisors Trust Company (NATC), a federally chartered trust company, will be fiduciary of the trust accounts.

Lynn Niedermeier, president and CEO of Santa Monica, Calif.-based NPC, said the program provides its advisors with a comprehensive suite of wealth management services that will allow them to build deeper and more meaningful client relationships, and potentially extend those relationships to future generations.

"NPC's new package is designed to help advisors assist their clients reach their most important goals," Niedermeier said.

NPC has also developed a comprehensive set of informational resources and a webinar series to help advisors explain the trust creation, implementation and management process to clients.

The NPC Trust Services program also gives advisors the ability to capture new assets, generate a more robust revenue stream and further position themselves as their clients' primary advisor, according to NPC.

It's estimated that as much as $41 trillion will pass from one generation to another between 2000 and 2050, significantly increasing the need for advisors to provide stability for existing clients, while also ensuring that future generations are financially protected, according to NPC.

NPC has more than 1,500 affiliated financial advisors across the U.S. and is one of the four firms in the National Planning Holdings network.

-Jim McConville