Personal Fiduciary Services

Personal fiduciary services are often referred to as private wealth management or private banking. Banks offering these services provide a broad range of financial services to individuals, their families, and their businesses.

Learn More

Personal Fiduciary Activities (Comptroller's Handbook, February 2015)

Provides an overview of personal fiduciary services, their associated risks, and a framework for managing them

References

OCC Bulletin 2023-17, Third-Party Relationships: Interagency Guidance on Risk Management (June 06, 2023)

OCC Bulletin 2015-12, Personal Fiduciary Activities: Revised Comptroller's Handbook Booklet (February 10, 2015)

OCC Bulletin 2011-12, Sound Practices for Model Risk Management: Supervisory Guidance on Model Risk Management (April 4, 2011)

OCC Bulletin 2010-24, Incentive Compensation: Interagency Guidance on Sound Incentive Compensation Policies (June 30, 2010)

OCC Bulletin 2008-10, Fiduciary Activities of National Banks: Annual Reviews of Fiduciary Accounts Pursuant to 12 CFR 9.6(c) (March 27, 2008)

OCC Advisory Letter 2004-9, Electronic Record Keeping (June 21, 2004)

OCC Bulletin 1997-22, Fiduciary Activities of National Banks, Questions and Answers 12 CFR 9 (May 15, 1997)

Date	ID	Title
04/29/2019	OCC 2019-21	Fiduciary Regulations; Non-Fiduciary Custody Activities: Advance Notice of Proposed Rulemaking
02/10/2015	OCC 2015-12	Personal Fiduciary Activities: Revised Comptroller's Handbook Booklet