Beneficiary Scorecard™

Our Proprietary Tools: Beneficiary Scorecard™

Trustees are vital for administering trusts, delivering adherence to trust agreements, and safeguarding interests. The Beneficiary Scorecard™ utilize key performance indicators (KPIs) to assess the trustee performance in managing and overseeing trust assets and responsibilities.

Components of our Scorecard™ may include:

Fiduciary Duty Adherence

Evaluating the trustee's commitment to fulfilling their fiduciary duty, including loyalty, prudence, and acting in the best interests of the beneficiaries.

Investment Performance

Assessing the financial performance of the trust's investments, considering factors such as returns, risk management, and adherence to the investment strategy outlined in the trust agreement.

Risk Management

Analyzing how well the trustee is managing and mitigating risks associated with the trust assets, considering the risk tolerance and preferences outlined in the trust document.

Communication and Transparency

Evaluating the quality and frequency of communication between the trustee and the beneficiaries, including providing timely and transparent information about the trust's performance and any relevant changes.

Legal and Ethical Standards

Confirming that the trustee operates within the bounds of legal and ethical standards, avoiding conflicts of interest and maintaining a high level of integrity in all trust-related activities.

Compliance and Regulatory Adherence

Ensuring that the trustee follows all legal and regulatory requirements, including tax regulations and trust laws, and that they are fulfilling reporting obligations.

Cost Management

Assessing the efficiency of the trustee in managing the costs associated with administering the trust, including trustee fees and other administrative expenses.

Distributions and Disbursements

Reviewing the trustee's handling of distributions and disbursements to beneficiaries, ensuring that they are in accordance with the terms of the trust and meeting the financial needs of the beneficiaries.

Record Keeping

Evaluating the trustee's record-keeping practices ensuring accuracy, completeness, and transparency in documenting trust transactions and activities.

Succession Planning

Assessing the trustee's readiness and planning for the eventual succession or transition to another trustee if required.

  • Fiduciary Duty Adherence

  • Investment Performance

  • Risk Management

  • Communication and Transparency

  • Legal and Ethical Standards

  • Compliance and Regulatory Adherence

  • Cost Management

  • Distributions and Disbursements

  • Record Keeping

  • Succession Planning

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Important Disclosure Information

Past performance is no guarantee of future results. Different types of investments involve varying degrees of risk. Therefore, there can be no assurance that the future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by Pinnacle Wealth Planning Services, Inc. [“Pinnacle”]), or any consulting services, will be profitable, equal any historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Pinnacle is neither a law firm, nor a certified public accounting firm, and no portion of its services should be construed as legal or accounting advice. Moreover, you should not assume that any discussion or information contained in this document serves as the receipt of, or as a substitute for, personalized investment advice from Pinnacle. A copy of our current written disclosure Brochure discussing our advisory services and fees is available upon request or at www.pinnacleadvisors.com. The scope of the services to be provided depends upon the needs and requests of the client and the terms of the engagement. Please Remember: If you are a Pinnacle client, please contact Pinnacle, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. Unless, and until, you notify us, in writing, to the contrary, we shall continue to provide services as we do currently.

Important Disclosure Information

Past performance is no guarantee of future results. Different types of investments involve varying degrees of risk. Therefore, there can be no assurance that the future performance of any specific investment or investment strategy (including the investments and/or investment strategies recommended and/or undertaken by Pinnacle Wealth Planning Services, Inc. [“Pinnacle”]), or any consulting services, will be profitable, equal any historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Pinnacle is neither a law firm, nor a certified public accounting firm, and no portion of its services should be construed as legal or accounting advice. Moreover, you should not assume that any discussion or information contained in this document serves as the receipt of, or as a substitute for, personalized investment advice from Pinnacle. A copy of our current written disclosure Brochure discussing our advisory services and fees is available upon request or at www.pinnacleadvisors.com. The scope of the services to be provided depends upon the needs and requests of the client and the terms of the engagement. Please Remember: If you are a Pinnacle client, please contact Pinnacle, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. Unless, and until, you notify us, in writing, to the contrary, we shall continue to provide services as we do currently.