Personal Trust

Perhaps nothing requires more strategic and careful planning than providing for loved ones. That's why planning for a family's financial future should be a natural part of the overall investment planning process.

Benefits of Personal Trust

  • Full suite of Fidelity services to meet any client need
  • Maintain control over your client's investable assets
  • Serve more investors over multiple generations

About Personal Trust

Personal Trust is part of Fidelity's holistic planning value proposition, and is attractive to new and existing clients, with the ability to maintain assets over multiple generations.

Our services are designed to help you

  • Manage money today and through generational wealth transfer
  • Gain referrals
  • Drive deeper engagement with the unengaged spouse and next generation
  • Tap into increased asset consolidation opportunities
  • Increase household retention

Trust Services comparison chart

Trust Services comparison chart
For illustrative purposes only

Administrative Trustee Service

Personal Trust is appointed to be corporate trustee.

Managing trust administration and client relationships can be challenging.
With Fidelity as corporate trustee, you may have more time to build a better relationship with your client:

Financial Representative can focus on relationships...

END-CUSTOMER

  • Hires Financial Representative
  • Selects Fidelity Personal trust company, as trustee
  • Works with attorney to create trust

FINANCIAL REPRESENTATIVE

  • Mantains primary relationship contact
  • Provides investment management to trust
...while Fidelity Personal Trust Company FSB takes care of trust administration

PERSONAL TRUST

  • Assigns dedicated trust officer to oversee fiduciary responsibility of trust
  • Provides administration as directed by trust agreement
  • Prepares tax return

FIDELITY INSTITUTIONALSM

  • Provides integrated trust and brokerage platform
  • Custody and investment products

Agent for Trustee Service1

Trustee needs assistance with trust administration duties and appoints Personal Trust to act as agent.

Added duties of trust administration leaves less time to manage trust assets.
Fidelity works on your behalf to make sure all aspects of the trust are being adhered to:

Financial Representative can focus on managing assets...

TRUSTEE

  • Retains fiduciary responsibility
  • Hires Financial Representative
  • Hires Fidelity Personal Trust Company as an agent

FINANCIAL REPRESENTATIVE

  • Mantains primary relationship contact
  • Provides investment management to trust
...while Fidelity Personal Trust Company FSB oversees the trust

PERSONAL TRUST

  • Assigns dedicated trust officer to oversee the trust
  • Provides administration as directed by trust
  • Facility tax reporting
  • Offers bill payment services

FIDELITY INSTITUTIONALSM

  • Provides integrated trust and brokerage platform
  • Custody and investment products

Trust Reporting Service1

Investor/trustee needs principal and income and/or assets held away included on statements and online portals along with a net income payment feature.

Fidelity's Trust Reporting is quick and simple to set up, with easy access to wealth management for your clients:

Trust Accounting
  • Accounting of principal and income for trust accounts
  • Balances and transactions reported on brokerage statement and online channels
  • Ability to select principal and income in the cashiering tool at the time of distribution
Assets held away
  • Capability to report on assets custodied away from Fidelity
  • Available on all accounts registrations
  • On brokerage statements and online channel
Net income payments
  • Calculation of net income payments according to desired amounts and frequency
  • Automatic distribution of net income payments, per defined schedule

Trustee Match Program2

Network of trust companies available to act as corparate trustee

Financial Representatives benefit from being able to find an alternative trustee

END-CUSTOMER

  • Hires Financial Representative
  • Selects participating firm to act as trustee
  • Works with attorney to update trust

FINANCIAL REPRESENTATIVE

  • Mantains primary relationship contact
  • Provides investment management to trust
  • Researches trust companies using website
Trustee match program gives Financial Representatives access to a number of national firms

PERSONAL TRUST

  • Provides trust and administration duties as directed by trust agreement
  • Delegates investment management to Financial Representative

FIDELITY INSTITUTIONALSM

  • Provides brokerage platform
  • Custody and investment products

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Additional resources

  • Non-deposit investment products offered through Fidelity Personal Trust Company and other affiliates of Fidelity Investments are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency, are not obligations of any bank, and are subject to risk, including possible loss of principal. For Investment Professional use only. Not for distribution the public as sales material in any form. Third party marks are the property of their respective owners; all other marks are the property of FMR LLC.
 
 

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