Fiduciary Trust Account

Holding of Funds for ART Risk Financial and Insurance Solutions discount plans:

In order to facilitate the holding of funds a separate corporation has been formed, TRG Management Systems. It is a wholly owned subsidiary of The Resource Group (TRG). The TRG Management Systems has opened two separate accounts with Wells Fargo Bank. Funds will be wired into an account that is “swept” daily into the holding account. The holding account has been established as a fiduciary trust account. There is no co-mingling of funds between ART Risk Financial and Insurance Solutions, The Resource Group and the TRG Management Systems.

Once funds arrive in the holding account a bookkeeping record or client ledger account is established for each client. Each client may review their record upon request and will receive a complete accounting upon the close of escrow. There will is one designated employee to handle the escrow accounts and to process payments. Virginia Hart, CEO of The Resource Group is the only signer on the account. The TRG Management Systems fiduciary trust account will be audited monthly by a CPA to insure that all transactions have been handled correctly.

TRG Management Systems will operate utilizing the guidelines recommended by the California State Bar in regards to Client Trust Accounting. The Fiduciary Trust Accounts will house monies for programs such as The Newborn Resource, The Maternity Resource, and The Fertility Resource.