Financial advisers are hoping to win the trust business of the clients they’ve been serving through their money-making years as they head for retirement, Investment News reports. “All of the baby boomers are used to dealing with brokers,” Cathy Clauson of Schwab International told IN. “Banks haven’t come up to speed on that.” For instance, the fees banks charge for the returns they produce will not satisfy baby boomers accustomed to better performance. On the other hand, banks have more experience handling bigger sums of money, an obvious selling point, while financial advisers – as much as they would like the business – may not be prepared to assume fiduciary responsibility. Without the necessary background, observers say, they can get lost in the complexities of the trusts and the mass of paperwork associated with them. One solution, according to IN, is for advisers to partner with banks or trusts companies, where advisers would manage accounts, while the trust companies would handle the paperwork and serve as a corporate trustee.