Trust services designed to fit you.
Introduction
Charles Schwab Trust Company (CSTC) can help ease the burden for your loved ones with our range of professional trust administration services and flexible investment management solutions depending on your specific trust needs.
What type of trust services do you need?
Depending on your situation and trust administration requirements, Charles Schwab Trust Company (CSTC) can serve in a variety of capacities:
- Full corporate trustee. CSTC is responsible for the trust administration, fiduciary tax preparation, and investment management of the trust.
- Administrative trustee. CSTC manages the day-to-day duties, distributions, and tax filings for the trust. The client may appoint an investment fiduciary to manage the trust investments.
Explore our trust service capabilities to find the solution that fits you best.
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Schwab Personal Trust Services™ (SPTS) Trust administration + investment management |
Schwab Wealth Trust Services™ (SWTS) Trust administration + investment management |
Schwab Wealth Trust Services™ (SWTS) Trust administration only |
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| Offer overview |
For clients with common trust assets and investment management needs. SPTS brochure |
For clients with $10 million or more in assets held at Schwab who have more complex trust assets and investment management needs. SWTS brochure |
For clients with $10 million or more in assets held at Schwab who wish to retain investment control, with CSTC providing trust administration. SWTS brochure |
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Investment management approach |
Utilizes diversified and cost-effective ETF solutions to help meet the trust objectives. | Allows for a combination of managed and directed assets. Cost-effective ETF solutions can be supplemented with a broad menu of Schwab's advised solutions. | The investment fiduciary* manages the trust assets, including the ability to utilize one or more of Schwab's advised solutions. |
| Accepted assets | Cash, marketable securities, life insurance policies, annuities, residential real estate (owner-occupied, vacation, or rental properties with 1–4 units), and promissory notes. | Everything listed for SPTS, plus investment direction allowed for existing positions, limited liability entities containing acceptable assets, and other closely held entities. |
The investment fiduciary is responsible for managing acceptable trust assets. |
| Pricing |
The annual fee for SPTS starts at 0.50% of marketable securities, and the fee rate decreases at higher asset levels. For full details, see the SPTS fee schedule. Minimum annual fee of $5,000. |
The annual fee for SWTS administration with investment management starts at 0.70% of marketable securities, and the fee rate decreases at higher asset levels. For full details, see the SWTS fee schedule. Minimum annual fee of $10,000. |
The annual fee for SWTS administration only starts at 0.40% of marketable securities, and the fee rate decreases at higher asset levels. For full details, see the SWTS fee schedule. Minimum annual fee of $5,000. |
Ready to get started?
If you would like to discuss how Schwab can provide professional trustee services for your personal trust, email us or call 877-862-4304.
