How does Trust Company of Vermont differ from stockbrokers, financial planners and bank trust departments?
The primary difference is our unique corporate status as an independent trust company, locally controlled. We are free from the influences of an owner that may have products to sell and/or might be insensitive to the needs of our customer. This allows us to make our investment decisions solely for the benefit of the client or the trust beneficiaries. Another difference is our fee arrangements. Trust Company of Vermont avoids all conflicts of interests when charging fees and we fully disclose all fees in a simple and understandable manner. Furthermore, we are unique in pricing our accounts by relationships rather than individual accounts. This encourages needed trust accounts for family members regardless of size. Although Trust Company of Vermont is permitted to receive compensation from certain mutual funds (12b-1 and other administrative fees), we have elected not to in order to enhance the investment return for our client accounts. We want to be free of any self interest when making
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