Mandates open · charter live
Stewardship of capital · since the year 1893

A wealth office in the
central-bank tradition.

The Reserve is a national trust company, chartered by the OCC, holding client capital in segregated custody at BNY Mellon. We write a quarterly letter. We do not sell products. Our only fee is on assets under stewardship.

Founded
1893
Custody
BNY Mellon
Charter
OCC national
quarterly letter · Q1 2026
no. 132 / 532
Assets under stewardship
$4.27B
+8.42% YTD · net of fees
Strategic allocation
Equity · global54%
Fixed income · investment grade24%
Real assets12%
Liquidity layer10%
signed · E. Voss, CIOportfolio committee · 04/14/2026
Institutional clients & families served
Northwind CapitalMercury TreasuryFoundry 47 WealthPlover & Co. AdvisorsHolman & BirchWestmoore TrustCaldera FoundationHeron & Vale TrustBristol Family OfficeMarsh & QuillNorthwind CapitalMercury TreasuryFoundry 47 WealthPlover & Co. AdvisorsHolman & BirchWestmoore TrustCaldera FoundationHeron & Vale TrustBristol Family OfficeMarsh & Quill

A small office, four mandates, one standard of care.

Stewardship is not a product. It is a relationship across decades, written down, and signed each quarter.

01 · Custody

Segregated · BNY Mellon · in your name.

Client assets are held by The Bank of New York Mellon, the world's largest custodian. They sit in your name, on the custodian's balance sheet, never on ours.

AUS
$4.27B
Custodian
BNY Mellon
Audit
PwC · Q4'25
02 · Governance

A fiduciary by charter.

Every account is governed by the fiduciary standard, written into the engagement letter and recorded with the OCC.

03 · Reporting

A letter, not a dashboard.

Each quarter, a printed letter from the chief investment officer. Performance, allocation, and a paragraph on what we are watching.

Mandates

Three forms the relationship may take.

01

Discretionary mandate

We hold custody, set the strategic asset allocation, and rebalance to mandate. Quarterly written report.

Fee
0.42% / annum
OCC trust charter
02

Advisory mandate

You retain decision authority. We propose, brief, and execute on your instruction within agreed bands.

Fee
0.18% / annum
ERISA fiduciary
03

Estate & trust administration

Trustee services for revocable, irrevocable, and charitable trusts. Tax filings, beneficiary distributions, annual accounting.

Fee
from $14,200 / yr
court-ready accounting

A trust company, not a bank.

The distinction matters when the cycle turns.

Comparison
The Reserve
Traditional bank
Charter
OCC national trust
State commercial bank
Custody
Segregated · BNY Mellon
Bank balance sheet
Standard of care
Fiduciary, written
Suitability
Reporting cadence
Quarterly letter
Annual statement
Alignment
Fee on AUM only
Commissions, spreads
From client letters
"We have been with The Reserve for 19 years across two generations. The letter we receive each quarter is the only quarterly read I keep on the desk."
Adelaida Pérez-Costa
Trustee, Pérez-Costa Family Trust
$4.27B
AUS · Q1 2026
8.42%
YTD · net of fees
1,427
client households
132 yrs
under continuous charter

Schedule of fees · written, fixed, signed.

The fee on assets under stewardship is the only fee. No commissions, no spreads, no twelve-b-one.

Personal

$2.5M
minimum

Discretionary or advisory mandate for individual investors. Quarterly letter. Annual review meeting.

  • Discretionary or advisory
  • Quarterly written letter
  • Annual portfolio review
  • Custodian: BNY Mellon
  • Single relationship banker
Request prospectus

Professional

most chosen
$10M
minimum

For professionals and operating-company founders. Liquidity windows, tax-loss harvesting, concentrated stock.

  • Concentrated stock plans
  • Tax-aware harvesting
  • 10b5-1 program admin
  • Annual estate review
  • Two-banker coverage
Request prospectus

Family office

$50M
minimum

Multi-generational mandate. Trust administration. Foundation governance. Family education.

  • Trust administration
  • Foundation grant ops
  • Family meeting facilitation
  • Next-gen education
  • Dedicated CIO + 2 bankers
Request prospectus
Trust & governance

The questions a fiduciary should answer.

The Reserve operates under an OCC national trust charter. We do not take deposits and we do not lend our balance sheet. We hold client assets in segregated custody at BNY Mellon.

Request the prospectus.
We will reply by mail.

A printed prospectus, a sample quarterly letter, and the schedule of fees. Posted to the address you provide, with a personal note from the relationship banker.