In-house trust charter for QSBS
Alessandro Chesser, CEO of Dynasty, on supercharging QSBS for founders & investors
Owning the trust charter turns trust administration from a high cost outsourced bottleneck into Dynasty's core product and margin engine. In this market, the trustee is the party that legally holds the trust, files returns, and keeps the structure compliant for years. Traditional setups split that work across lawyers, valuation firms, and a separate trust company, which is why first year costs could run into six figures. Dynasty internalized that layer so software can automate the repetitive work while the charter lets it stay in control of the account and the customer relationship.
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The cost gap is concrete. Traditional QSBS trust setups often meant $25,000 per trust for legal work, $8,000 to $10,000 per trust per year for a third party trustee, plus about $30,000 for valuation work. Dynasty packages formation, valuation, trustee service, and filings into a much lower starting price because the trustee is in house.
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The charter matters beyond cost. Once shares or cash sit inside the trust, the trustee becomes the operating hub for where assets are custodied, where taxes are filed, and which partners handle banking or investing. That makes the relationship much stickier than a software only planner. It also gives Dynasty a path to earn higher post exit administration fees and referral revenue.
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This is also the clearest product difference versus adjacent players like Valur. Valur helps users and advisors identify and implement tax strategies across many structures, but Dynasty is built around being the actual licensed trustee for QSBS focused trusts. That makes Dynasty more vertically integrated, while broader planning platforms still rely more on outside providers for execution.
The likely direction is that licensed trust infrastructure becomes the control point for founder wealth workflows. As more startup wealth is created before liquidity, the winning products will be the ones that can get founders set up early, keep the trust compliant through exit, and then expand into the much larger pool of post exit administration, banking, and investment coordination.