Madelayne Cordero
Senior Vice President, Head of Trust & Chief Fiduciary Officer
Amerant Bank
Madelayne Cordero is a native Floridian who grew up in Miami. She earned an undergraduate degree in International Business Management from Florida International University and a law degree from Purdue University. She is currently the Chair-Elect of the Society of Trust and Estate Practitioners (STEP) Miami Chapter.
Day to day, Cordero heads up the trust division for Amerant Bank and oversees all fiduciary activities, especially generational wealth protection.
“We handle what we think is the most niche part of the financial industry—trust services. We have over 200 trust relationships and about $650 million under administration that we manage for our clients. That includes guiding clients with portfolio management, tax matters, estate planning, charitable giving, and being a trusted advisor. We also help clients oversee the assets that they transfer in trust to their beneficiaries; we safeguard the next generation,” Cordero says.
“Some beneficiaries of trusts have family members of significant means who’ve passed those assets on to them. Amerant Bank serves as a steward of that wealth to help carry out the trust’s objectives,” she explains.
“Younger couples building their wealth are a very important and often overlooked client sector, because when you have children, you really need to have an estate plan for minors in place to ensure peace of mind. With older clients, it’s a matter of helping them preserve capital, especially in these financially turbulent times.
We take the time to understand our clients’ individual and unique family dynamic. A trust is not one-size-fits-all, and every aspect should be customized. We help assure clients that when they’re no longer with us, their family and wealth will be protected.”
Amerant Bank
amerantbank.com/trust
