Trustees Duties – Policies and Procedures
Trustees Duties Policies and Procedures – Anodos helps individual trustees save time, reduce their personal risk, and fulfill their fiduciary duties. We do this by helping trustees develop and maintain a series of governance documents – including trustee compensation studies – which demonstrates they have fulfilled each of their duties of care.
Read More7 Risk Mitigation Strategies for Trustees
Having served as an expert consultant / witness in trust litigation matters since 2013, I have observed seven “risk mitigation” strategies that a prudent trustee will adopt.
Read MoreCRS – Client Relationship Summary
SAMPLE Proposal Letter for a Foundation
Developing a governance process is central to fulfilling the trustees’ duties to the Foundation.
Read MoreSAMPLE Proposal Letter for a Trustee
If you want to know more about the service, select this link to see a draft Engagement Letter for a trustee.
Read MoreSample Governance Audit
It’s not uncommon for disgruntled beneficiaries to bring lawsuits against trustees around the subject of “poor performance”. The fact patterns often look like this–low performance by the trust versus high performance from the S&P 500 (or other index) during that same period.
Read MoreHow is a targeted return like UBER?
A trustee would not get into an Uber until they defined the destination for their ride. A trustee would not hire an employee without describing at some level the work the employee was being hired to do.
Read MoreInvestment Governance Best Practices for Business Managers (How to Watch the Hen House)
You are a business manager, and it is either explicitly or implicitly the case that you are responsible for monitoring the activities of the investment managers that have been entrusted with your clients’ capital.
Read MoreSample Delegation of Investment Duties
This sample document identifies the elements of a prudent delegation of investment duties. Without a “job description”, how can any employee know what they are being hired to accomplish, and how can periodic reviews be conducted?
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