“Trust Assets at Risk?” Oh! Never Mind

When a Bank Fails, Are Trust Assets at Risk? This curious post on the Trust Advisor blog devotes 14 paragraphs to discussing why investment advisers and their clients might worry about assets held in trust by banks. Then comes the 15th paragraph:

[I]t won’t matter whether [the bank] fails or not. The fiduciary assets simply roll over to the financial institution that takes it over…

Huh? Anyone know the back story to this strange posting?