MSNT contracts with True Link Financial for banking services. MSNT strives to keep fees affordable. Fees are assessed on a monthly basis. The chart below summarizes the current administrative fee structure for sub-accounts.
Fee Type | Amount |
Enrollment Fee | $750; or sliding scale fee may apply |
MSNT Trust Administration Fee | 1.5% for AV ≤ $500,000; 1.25% for AV between $500,000 and 1 Million; and 1% for AV over 1 Million |
Bank Investment Management Fee | .7% of the account balance |
Sole Trustee Fee | $100/month |
Account Closure Fee | $300 |
Extraordinary Service Fee | Up to $75 per hour, plus mileage/expenses |