What does a Trust Administrator do?

Trust administrators take care of trust assets for the benefit of the designated and stated beneficiaries. They may be either an individual or an organization, including a bank or a specialist trust company. They assess a trust’s assets and value them, enabling a determination of the trust’s total worth, and deduct any relevant liabilities from the total worth, which includes all costs and expenses of the trust. They keep a transparent accounting of critical factors, including funds, taxes, paid, and all correspondence, which they make available to all beneficiaries in an on-demand basis.

Trust administrators file annual income tax returns and maintain the value of the trust and its assets. They record spending and costs while maintaining its worth over time, which requires them to track and audit any changes within trusts. They stay in communication with beneficiaries, provide them with detailed information about the state of the trust, and ensure they strive to follow the trust’s specific duties and safeguard it for the beneficiaries. Trust administrators need a bachelor's degree in banking, finance, economics, or related fields.

Work/Life Balance
3.5 ★
Salary Range--
Career Opportunity
3.4 ★
Avg. Experience2-4 years

Trust Administrator Salaries

Average Base Pay

$1,550 /month
Same as national average
Not including cash compensation
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Not enough salaries reported to show distribution
Median: $2T
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Glassdoor Estimated Salary

Trust Administrator Career Path

Learn how to become a Trust Administrator, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

Trust Administrator

Years of Experience Distribution

0 - 1
2 - 4
5 - 7
Not including years spent in education and/or training

Trust Administrator Insights

Read what Trust Administrator professionals have to say about their job experiences and view top companies for this career.
Nichols & Pratt
Trust Administrator
8 Feb 2022

“Great people to work with and partners are nice.”

BNY MellonBNY Mellon
Corporate Trust Administrator
15 Nov 2022

“Everything overworked and underpaid.”

Trust Administrator II
21 Nov 2021

“Work life balance is terrible and is understaffed.”

Virtus PartnersVirtus Partners
Trust Administrator
9 Feb 2022

“Not much chance to progress in the carreer”

läpple groupläpple group
Trust Administrator
8 Dec 2021

“nice people to work with”

Trust Administrator
14 Mar 2022

“Good work life balance”

CMMS Administrator
9 Dec 2020

“Stress level way too high.”

Corporate Trust Administrator
29 Dec 2020

“Salaries not competitive.”

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Trust Administrator Interviews

Frequently asked questions about the role and responsibilities of a Trust Administrator

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Trust Administrator jobs