Custodial Fee Schedule
Custodial Services Fees
Through its Wealth Management Group, Guaranty Bank & Trust provides comprehensive wealth management serving as a trustee, agent for a trustee, investment manager, or custodian.
Custodial Services
Guaranty will provide non-fiduciary custodial services for the safekeeping and custody of securities, remittance or reinvestment of income, settlement of all purchases and trades as directed by the account owner or designated agent. Annual fees are charged proportionately on a monthly basis in arrears and are automatically deducted from your account. Annual fees are as follows:
- Balance Held Assets: 0.40%
- Minimum Annual Fee: $2,500
Self-Directed IRA Custodial Services will be provided according to a separate fee schedule. Guaranty does not provide investment research, review, valuation services or advice for custodial accounts.
Additional Fees
Additional fees for the following items are according to the published schedule at the time and are in addition to the Trustee, and Investment Management or Custodial Services fees.
Income Collection: from real estate, minerals, notes, and mortgages, and other illiquid assets.
Extraordinary Services: special administration services performed at professional time rates plus out-of-pocket expenses.
Termination: annual minimum custodial or fiduciary fee plus reimbursement of expense charges already incurred or to be incurred for all accounts to the time of and including actual transfer in the event these have not been already applied or taken.
Special Asset Acceptance Review: non-publicly traded assets held in trust are subject to an account acceptance review fee of $1,500.
Investment Management Services
Asset management services are provided by Guaranty for marketable securities, mutual funds, and ETFs. Annual investment management fees are in addition to Trustee/Agent Administration fees. Fees are charged proportionately on a monthly basis in arrears and are automatically deducted from your account. Annual fees are as follows:
- First: $2,000,000.00 1.00%
- Next: $2,000,000.00 0.85%
- Next: $3,000,000.00 0.65%
- Next: $3,000,000.00 0.50%
- Over $10,000,000.00 Additional Tiered Rates Available.
- Minimum Annual Fee: $5,000.00
Additional Fees
Additional fees for the following items are according to the published schedule at the time and are in addition to the Trustee, and Investment Management or Custodial Services fees.
Income Collection: from real estate, minerals, notes, and mortgages and other illiquid assets.
Extraordinary Services: special administration services performed at professional time rates plus out-of-pocket expenses.
Termination: annual minimum custodial or fiduciary fee plus reimbursement of expense charges already incurred or to be incurred for all accounts to the time of and including actual transfer in the event these have not been already applied or taken.
Special Asset Acceptance Review: non-publicly traded assets held in trust are subject to an account acceptance review fee of $1,500.
Prof TTEE & IMA Sched appd 122816
Investment products are not FDIC insured, are not bank guaranteed, and may lose value.