Careers in Trust

Not 100% sure which forum this goes under but I couldn't find much information on the forums about careers in Trust. It seems like a pretty good lifestyle in terms of hours and the type of work you do (working with family businesses) and helping manage family trusts. But anyone have any concrete information on pay scale, typical career path, etc...

Also, any good introductory books to read on the topic?

Thanks in advance!

5 Comments
 
Best Response

You mean something like being a trust officer? Usually you need a legal background because it's all about managing to a legal document (the trust agreement). The pay is much lower than most finance positions and you spend most of your time with trust fund babies asking for you to pay for their lifestyle out of the trust. If you make the wrong decision, you get sued in many instances. I don't see the appeal.

 

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