Trust Services

Trust services offered through The Private Trust Company include professional trustee services, co-trustee services and agent for trustee services, accounting and compliance.

Service fees are based on Assets Under Administration and are as follows:

First $1,000,000*($0-$1,000,000): .65%

Next $2,000,000 ($1,000,001-$3,000,000): .55%

Next $2,000,000 ($3,000,001-$5,000,000): .45%

Next $5,000,000 ($5,000,001-$10,000,000): .35%

Above $10,000,000($10,000,001+): .25%

Tax return preparation and processing are billed annually for $500.

 

*Minimum asset value for personal trusts is $1,000,000. Minimum fee for personal trusts is $5,500 annually.

*Minimum asset value for charitable trusts is $500,000. Minimum fee for charitable trusts is $4,200 annually.
 

LPL Financial Representatives offer access to Trust Services through The Private Trust Company N.A., an affiliate of LPL Financial