Fees
Trust and Investment Management
fees are calculated as a percentage of the market value of
assets utilizing a tiered, blended rate that takes into account
the total size of the client relationship.
We offer a competitive fee
structure that encompasses a wide range of our services at no
additional cost. Included in our standard fees are investment
management services, trustee and fiduciary services, asset
custodial and safekeeping services, income collection and
disbursement services, and comprehensive administration and
record keeping services. There are no hourly fees or other
charges for our time spent meeting or talking with clients and
their advisors, unless such services are extraordinary and
agreed upon in advance.
The following fees are
applicable to trust accounts where we act as trustee or
co-trustee, as well as investment agencies and IRA accounts
where we have full investment discretion:
|
On the first $1.0
million |
1.20% |
|
On the next $3.0
million |
1.00% |
|
On the next $3.0
million |
0.70% |
|
Any amounts over
$7.0 million |
0.50% |
|
Minimum annual fee:
|
$5,000
|
Real estate assets (including
personal residences), limited partnerships, oil and gas
interests, and other unusual or illiquid assets are subject to a
separate fee schedule.
Certain trusts and client
relationships, by virtue of their size, the nature of the trust
assets, or the limited scope of the trustee’s duties, may be
eligible for adjustments to the above fees.
