Chevy Chase Trust Company
Assets Under Management
$40.3B
Number of Clients
1,234
Number of Advisors
38
Average Client AUM
$32.6M
AUM per Advisor
$1.1B
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
CCTC offers investment management, personal trust, family wealth, and financial planning services. They manage assets for high-net-worth individuals, investment companies, pension plans, and charitable organizations. Their investment approach focuses on thematic investing and diversification across sectors and industries.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 1.25% |
| $2.0M - $5.0M | 1.00% |
| $5.0M - $10.0M | 0.75% |
| $10M+ | 0.50% |
A $35,000 minimum fee applies, with certain pre-approved exceptions. The fee schedule is based on a $3 million minimum.
Fee Estimator
CCTC's advisory fees are based on a percentage of assets under management. A $35,000 minimum fee applies, with certain pre-approved exceptions. The basic fee schedule is as follows, based on a $3 million minimum: 1.25% on the first $2,000,000; 1.00% on the next $3,000,000; 0.75% on the next $5,000,000; and 0.50% on the balance. Fixed income only accounts (subject to a $7.5M minimum fixed income investment) are charged: 0.50% on the first $5,000,000; 0.40% on the next $5,000,000; and 0.30% on the balance. Clients also pay brokerage expenses. Fee schedules for trustee, administrator, or custodial services are available upon request.
Areas of Practice
Location
7501 Wisconsin Avenue, 15th Floor, Bethesda, MD, 20814
