50942Application to Organize a Corporate Fiduciary doc California Professional Fiduciaries Bureau - 2025

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Fiduciaries serving as trustees or executors are often compensated through fees outlined in a trust document, will, or state law. These fees compensate them for managing trust assets, settling estates, or overseeing distributions.
Fiduciary Salary in California Annual SalaryMonthly Pay Top Earners $285,215 $23,767 75th Percentile $268,400 $22,366 Average $222,875 $18,572 25th Percentile $161,900 $13,491
In addition, all decisions of the members of the board are made in light of four primary fiduciary duties owed by all directors to the organizations they serve. Those duties are as follows: (1) the duty of care; (2) the duty of inquiry; (3) the duty of loyalty; and (4) the duty to follow investment standards. 1.
Requirements for licensing include passing an examination and completing thirty (30) hours of approved education courses (one (1) hour must be in cultural competency), and earning fifteen (15) hours of continuing education credit (two hours of instruction must be in ethics or cultural competency every year, or
Professional fiduciaries provide critical services to seniors, persons with disabilities, and children. They manage matters for clients including daily care, housing and medical needs, and also offer financial management services ranging from basic bill paying to estate and investment management.
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The California Professional Fiduciaries Bureau requires that individuals complete a minimum of 30 hours of pre-licensing education, which is the equivalent of two courses. Students do not need to take the entire certificate program to qualify for licensure.
Private Fiduciary Services The above services are billed at an hourly rate of $150 to $225 for a Professional Fiduciary depending on experience. Support staff services are billed at a rate of $125 per hour.