Private financial management fees
Legislation permits NSW Trustee and Guardian to charge fees to carry out our financial management services, but private financial managers are not paid for performing their work unless they have a remuneration order from the Supreme Court of NSW.
NSW Trustee and Guardian fees to support private financial managers
Our fees are payable from the person’s estate and are outlined below.
It is your responsibility as the private financial manager to pay any invoices that are sent to you by NSW Trustee and Guardian.
Fees (GST exempt) |
|
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Establishment |
$500 establishment fee
|
Account checking |
Yearly fee, based on complexity: $100 (low) $200 (medium) $300 (high) |
Investment |
The investment fee is 0.15% of the value of the trust account, 0.25% for Income Fund and 0.35% for Financial Management Growth Fund in NSW Trustee and Guardian (fees are GST exempt). |
Additional fees for financial planning may apply. |
View all additional fees and services.