Ongoing Trustee Governance Support
Problem: The responsibilities of a trustee are the highest level known in law. Unfortunately few trustees know what their duties are or have the time or experience to fulfill them.
Solution: Anodos helps trustees develop and maintain a governance process which demonstrates they have fulfilled their duties with excellence. We do what trustees should do, but don't know how.
We develop policies
Without clearly documented investment policies, it is impossible for a trustee to demonstrate that they have fulfilled their duties of care. Anodos creates a series of policies that the trustee adopts which serve as the roadmap for ongoing investment governance.
We execute procedures
Without procedures, it is impossible to judge whether the trustee's policies have been satisfied. Anodos conducts a series of quarterly procedures that correspond to each of the governance policies that the trustee has adopted.
We maintain a compliance library
Without a compliance library, there is no evidence that the governance procedures have been fulfilled. Anodos establishes a compliance calendar, maintains an online vault, and populates that library with records of the governance activities.
of Trust Corpus
The annual fee for Trustee Governance Support is $1,000 per $1.0m of trust assets, with a minimum fee of $12,000. This fee does not reduce the compensation paid to the trustee, but is paid by the trust.