Updated Friday, August 28, 2015 as of 3:16 PM ET

When Clients Make Questionable Decisions

An elderly couple, who are clients of one of our investment advisors, want to name him in their wills as the trustee of a trust for their child. If we switch the clients to one of our other representatives, would it be permissible for the original advisor to serve as trustee and would this mean we didn't have custody?

M.T., Atlanta

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