Trust Management And Investment Management Schedule Of Fees
Annual Administrative Fees*
The following fees are determined according to the fair market value of the assets held in trust:
.75%
up to
$1,000,000
.65%
on the next
$2,000,000
.60%
on the next
$2,000,000
.50%
on amounts over
$5,000,000
When outside investment managers (other than Mutual Funds or Annuities) are hired the total fees shall be**:
.60%
up to
$1,000,000
.55%
on the next
$2,000,000
.50%
on the next
$2,000,000
.45%
on amounts over
$5,000,000
Please note:
The Annual fees cover the day-to-day handling of trust affairs, such as:
Investment management
Payment of bills
Collection of income
Distribution of income/assets
Maintaining Quarterly statements
There is a minimum annual fees of $1,500.00
Fees are assessed and pro-rated on a monthly basis.
Additional reasonable fees will be charged on an hourly basis for other extraordinary services not presently anticipated
*The following fee schedules apply when Fred Schoen Fiduciary Services, Inc. is serving as an individual trustee. An alternate fee schedule is available for services provided when Fred Schoen Fiduciary Services, Inc., serves as a co-trustee.
** This fee schedule reflects the fees Fred Schoen Fiduciary Services, Inc., but does not include the fees for outside investment managers.