PENSCO Fees

A pledge to our clients

PENSCO Trust Company believes that our custodial fees should be clear and fair to all clients, and should reflect the services and the value we provide. To that end, we have designed our quarterly fee schedules to clarify, simplify and standardize our fees. We charge fees based on services you request or as your PENSCO account requires.

Understanding our fees

PENSCO fees include 3 types:

  1. Account maintenance fees
    • billed quarterly at the end of that calendar quarter
    • based primarily on total value of the assets in the account as of the last day of the calendar quarter
    • can be paid with a pre-authorized credit or debit card or from cash in the account.
  2. Service fees reflect PENSCO Trust Company custodial services which you have requested as part of your account or plan. PENSCO charges your account only if you use these services or if your account requires these activities.

    These fees can be paid on a pre-authorized credit or debit card or from cash in the account.

    Fee examples:*
    • Asset administration fee (per note/deed/real estate asset)
    • Safekeeping fee
    • Roth recharacterization fee

    *See the Fee Schedules below for a complete list.

  3. Asset/Transaction fees are fees for services directly related to the qualified asset(s) held in the account. You must pay these fees from the account's qualified cash; you cannot pay them by credit/debit card.
    Fee examples:*
    • Notary fee
    • Distribution fee

    *See the Fee Schedules below for a complete list.

To view the complete fee schedules, download the PDFs from the links below:

Complete fee information is shown on the fee schedules listed above.

All fees are subject to change upon 30 days' prior written notification.

Questions about our fees?

Contact us if you have questions. We're glad to help.