Clear, Fair, and Transparent Fees

The first consultation is provided at no cost.  Any additional time requested of Matt Quentmeyer or Sierra Fiduciary Services beyond the initial consultation and annual update letters will be billed according to the hourly rates outlined below.  When acting as a Trustee, Matt Quentmeyer bills on the percentage of assets under management fee structure below.

Group 52

Fees For Services

Intake Fee

Sierra Fiduciary Services, LLC/ Matt Quentmeyer charges a $500.00 non- refundable intake fee to establish a working file when named as a Successor Trustee in estate planning documents. This fee covers reviewing the Trust documents and establishing working files. A bill will be generated after receipt of the estate planning documents.

When services begin, fees will be billed at either an hourly rate OR a percentage of assets under management.

Hourly Fees

Sierra Fiduciary Services, LLC/ Matt Quentmeyer bills at $175.00 per hour for all case management services including meetings, travel, telephone conferences, email correspondence, preparation of accountings, letter writing and other related tasks. Bookkeeping, account reconciliation, and bill payment services are billed at a rate of $135.00 per hour. Billing is calculated in 0.1-hour increments (6-minute intervals), with a minimum charge of 6 minutes per task or financial transaction. For all hourly billing, a detailed invoice will be provided, including the date, description of the activity performed, and the time spent.

Percent of Assets Under Management Fees

Sierra Fiduciary Services/ Matt Quentmeyer may bill by a percentage of Assets Under Management annually based on the gross value of the estate in leu of hourly fees. The gross value of the estate is to be calculated at the beginning of each accounting period. The percentages are as follows:

1% of the first $2,000,000
.5% of the next $3,000,000
.25% of the additional assets under management

Sierra Fiduciary Services, LLC/ Matt Quentmeyer will provide written notification to interested parties 60 days in advance of a rate increase.