Wealth management tax services (WMTS)

Full fiduciary, trust and investment management tax outsourcing services for financial institutions, trust companies and brokerage and custody operations.

Who we are

Our WMTS practice is the leading provider of a full suite of fiduciary, trust and investment management tax outsourcing services for financial institutions, trust companies and brokerage and custody operations. We have specialists in virtually all areas of fiduciary taxation such as generation skipping transfer (GSTT) tax, charitable and state tax. This means access to unmatched industry insights and perspectives that will strategically position you so you can better serve your clients.

We are prepared to deliver on your needs, and drive immediate value and results for your fiduciary tax function. We leverage our people and our technology to provide you a thorough tax service, including:

Fiduciary income tax preparation (1041)
Foundations and exempt organizations (990PF)
Non-resident alien tax compliance (1042S)
Investment management / custody 1099 preparation
Estate and Generation Skipping Transfer Tax (GSTT) planning
IRA (1099R)
Charitable trusts and planned-giving tax (5227)
Estate and Death Tax compliance (706)
Custodian tax reporting (990T)

Our fiduciary and trust tax solutions

Charitable tax services

We offer an experienced, dedicated team to provide charitable tax services. Taxation of charitable entities is a high-risk area for fiduciaries, and our clients find value in our dedicated resources in this regard. We will prepare and review your charitable returns using our dedicated team. This will help you receive high-quality deliverables and visibility into the latest industry issues and trends.

Custodian and broker services

We have been supplying custodians with 990-T compliance solutions for over fifteen years. The taxation in this area is complex and PwC leverages their experienced team and national practices to deliver a comprehensive solution. As the tax compliance rules change within this segment, PwC can help you navigate through the process to meet your compliance obligations as custodian.

GST specialists

PwC has deep professional generation skipping transfer knowledge embedded directly within the trust tax practice. We can help manage this high risk area.

Innovative technology

  • Client portal enhances reporting and analyzes data based on current holdings and historical data
  • Machine learning extracts, parses, and applies applicable tax rules, calculates footnotes from K-1s for fund-of-funds clients,and increases the quality of work
  • Analytics solutions analyze “what-if” scenarios for legislative proposals
  • Natural-language processing tools scan public filings to extract and distill information for benchmarking
  • Web-based collaboration facilitates real-time data interaction, expedites the return process, and enables secure two-way communication.

How you benefit

  • Automate processes by leveraging technology to drive transformative efficiency and quality gains and manage periods of peak demand.
  • Achieve an enhanced client experience for you and your customers that build on a proven service delivery model driven by top tax technical specialists you already know and trust.
  • Get out of the weeds and focus on value with the ability to easily monitor and oversee the entire engagement through a single dashboard.
  • Work with experienced people who know what it takes to deliver accurate work in this always-evolving industry.


{{contentList.dataService.numberHits}} {{contentList.dataService.numberHits == 1 ? 'result' : 'results'}}

Meet the team

Joseph J. Castriano

Wealth Management Tax Services Leader, PwC US


Shawn P. Hanlon

Partner, Wealth Management Tax Services, Pittsburgh, PwC US


Jeff Kuhlin

Partner, Wealth Management Tax Services, PwC US


Larry McGuire

Partner, Wealth Management Tax Services, PwC US


Allison Valenty

Principal, Wealth Management Tax Services, Pittsburgh, PA, PwC US


Follow us

Required fields are marked with an asterisk(*)

By submitting your email address, you acknowledge that you have read the Privacy Statement and that you consent to our processing data in accordance with the Privacy Statement (including international transfers). If you change your mind at any time about wishing to receive the information from us, you can send us an email message using the Contact Us page.