Central Trust Bank provides investment advisory services to a limited group of institutional clients, such as retirement plans and insurance companies. Central Trust Bank does not typically offer financial planning, estate planning, or insurance planning services unless specifically requested by a client. The firm offers both discretionary and non-discretionary investment advisory services, tailoring its advice to each client's investment objectives. Central Trust Bank primarily recommends allocating assets among individual stocks, bonds, mutual funds, and exchange-traded funds.
Fee Structure
Central Trust Bank charges an annual investment advisory fee based on a percentage of the market value of the assets they manage, ranging from 0.10% to 1.00%. The fee is negotiable based on factors such as the amount of assets, portfolio composition, and the complexity of the engagement. The fees are deducted monthly, in arrears, based on the average daily market value of the assets. The firm does not generally require an annual minimum fee or asset level for investment advisory services.