Read These Fiduciary Trust Company Reviews Before Choosing Your Investment Firm

  • Fiduciary Trust Company is a fee-based, independent SEC registered investment advisor.
  • The firm provides nondiscretionary portfolio management services to individuals, families, and business owners.
  • Fiduciary Trust Company manages approximately $6.5 billion in assets, as of Jan. 2021.
  • The company manages various portfolios, but specializes in the preservation of capital, income generation, and wealth transfer.

Fiduciary Trust Company (FTC), founded in 2004, is a fee-based, independent SEC registered investment advisor located in New York, New York. The company provides nondiscretionary portfolio management services to individuals, families, and business owners.
Fiduciary Trust Company manages approximately $6.5 billion in assets, as of Jan. 2021. The company manages various portfolios, but specializes in the preservation of capital, income generation, and wealth transfer.



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Pros Explained

Fiduciary Trust Company of Oregon is a boutique, independent firm that has been in business since 1986. The privately held company has nearly $12 billion in assets under management (AUM).
Fiduciary Trust Company adheres to a fiduciary standard of care, which means that the firm puts your interests first. This is fundamental to wealth management. The firm's investment philosophy is to value quality over quantity, helping to ensure that clients avoid high fees, high turnover, and other unnecessary elements that can erode returns.
Fiduciary Trust Company is also very transparent, providing clients with online access to portfolio activity, performance, and other information.
Cons Explained
The financial research department at Fiduciary Trust Company of Oregon is not as deep as that of other leading firms.

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Cons Explained

1. Lack of transparency
At Fiduciary Trust Company, it is difficult to get information about the company. The home page of the site, for instance, only provides general information. It lacks clear information about investment options, account fees, third-party fees, and account management fees. There is also no information about the company's business structure and ownership as well as its corporate structure.

2. Lack of account minimums
There are no account minimums at Fiduciaries Trust, and this makes it attractive to investors with a modest initial investment. However, the lack of minimums can lead to poor risk-adjusted returns for investors. An investor with $10,000 to invest can invest in either an ETF, a mutual fund, or a single stock. A $10,000 investment in a single stock, however, will not be diversified and will not offer a lot of protection against losses. A $10,000 investment in an ETF, on the other hand, will result in better returns, but the investor will have less control over investments.

3. Lack of customer service
It is difficult to contact the customer service department at Fiduciary Trust. The company's site only provides an email address through which investors can inquire about services. There is no phone number, live chat, or social media support.

Available Investment Options Explained

The Investment Options for Fiduciary Trust are as follows:

Investors can choose between the following investment options:

Fiduciary Trust Balanced Portfolio

Fiduciary Trust Aggressive Stock Portfolio

Fiduciary Trust Conservative Stock Portfolio

Fiduciary Trust Growth Stock Portfolio

Fiduciary Trust International Stock Portfolio

Fiduciary Trust Mid Cap Stock Portfolio

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Fiduciary Trust Small Cap Stock Portfolio

Fiduciary Trust Value Stock Portfolio

Fiduciary Trust Portfolios
Fiduciary Trust Portfolios consist of investment options based on risk tolerance, with portfolio allocation percentages ranging from 25% to 75% in stocks. The Fiduciary Trust Balanced Portfolio is a balanced portfolio of stocks and bonds, and Fiduciary Trust Aggressive Stock Portfolio is a portfolio of stocks. The Fiduciary Trust Conservative Stock Portfolio is a portfolio of stocks, while the Fiduciary Trust Growth Stock Portfolio is a portfolio of stocks.

The Fiduciary Trust International Stock Portfolio, the Fiduciary Trust Mid Cap Stock Portfolio, and the Fiduciary Trust Small Cap Stock Portfolio are equity portfolios consisting of stocks. The Fiduciary Trust Value Stock Portfolio is a portfolio of value stocks.



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Available Account Options Explained

The Fiduciary Trust Company offers several different types of accounts. A self-directed account lets you choose the assets you want to include in your investment portfolio. You can choose investments from a wide variety of asset classes, including:
Equities

Fixed-income

Mutual funds

Exchange-traded funds

Options

Futures

A directed account has you set up an account with the firm's consultants who will help you set up an investment portfolio that is tailored to your financial goals.

Available Features Explained

Fiduciary Trust Company (FCT) offers two investment options: a self-directed IRA and a self-directed 401(k). The self-directed IRA, or Self-Directed Individual Retirement Account, is an account that investors open themselves, while Fiduciary Trust Company facilitates the investment.
The self-directed 401(k) option is similar to a traditional 401(k), only it is opened through an employer, rather than directly through the individual.

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Available Fees Explained

It is important to be informed about the fees associated with your investments, including advisory fees, transaction fees, trading fees, and commissions. Reviews of Trust Company reviews will also highlight what trading software is used, such as E*Trade, Fidelity, Schwab, or TD Ameritrade.
Customer Ratings
Ratings for Fiduciary Trust Company reviews tend to be positive. Customers appreciate the low trading fees and lack of minimum balance requirements.