Fees for Financial Management 

NSW Trustee & Guardian can be appointed by a court or a tribunal to provide financial management services for people who have a disability that affects their capacity to make decisions. All fees for financial management are exempt from GST.

Fees for Financial Management (GST exempt)
Fees
Establishment The one-off establishment fee will apply to all new Financial Management Orders received from 1 July 2016. It may also apply to current clients where NSW Trustee & Guardian is still setting up the client’s account and assets.
The establishment fee is 1% of the value of total assets (excluding the client’s
principal place of residence, accommodation bond and some other items
e.g. motor vehicle and furniture) with a maximum fee of $3,000.
If a client’s assets are below $75,000 the following reductions will apply –
Clients with assets:
$25,000 or less will pay no establishment fee
$25,001 – $75,000 will have their fees reduced by $250             
Management  The management fee is calculated daily on the total value of assets NSW Trustee & Guardian is managing (excluding the client’s principal place of residence, accommodation bond and some other items e.g. motor vehicle and furniture). It is charged at the end of each month.
The management fee is 1.4% on total assets, with a maximum fee of $15,000 per year.
Account keeping   The account keeping fee is $10 per month, a total of $120 a year.
If a client’s assets are below $75,000 the following reductions will apply –
Clients with assets:
$25,00 or less will pay no account keeping fee
$25,001 – $75,000 will pay $5 per month
Investment The investment fee is calculated on the total value of funds a client has invested with NSW Trustee & Guardian. The fee is deducted from the fund each month.
The investment fee is 0.1% of value of assets in NSW Trustee & Guardian investments.

Please note, if further services such as tax returns or investment planning are needed then additional fees may apply. Further information about financial management fees, including case studies can be downloaded in the fees fact sheet below.

Image representing New South Wales Trustee & Guardian branch locations

Our Locations

Find your closest branch
Plan Ahead Day Icon

Plan Ahead Days

Book to make a Will or Power of Attorney in your area.