Simple explanation of a Directed Trust and Directed trust fee schedule
A directed trust allows certain fiduciary duties allocated to a non-corporate trustee thus reducing the directed trust fee schedule. The most common fiduciary duty allocated to a non-corporate trustee – investment management.
Directed Trust Fee Schedule*
First $2 million
0.45%
Next $3 million
0.40%
Next $2 million
0.35%
Next $3 million
0.30%
Next $5 million
0.25%
Over $15 million
Negotiable
Minimum Annual Fee
$7,500
*Assumes trust holds marketable securities only. Fees for extraordinary or non-standard services will be charged on a time and expense basis, payable by trust assets, for all personal and charitable trustee/trust services.
