Independent. Committed. Accomplished.
Fred Schoen Fiduciary Services is an employee-owned, independent trust company certified by the Washington State Department of Financial Institutions.
Our team has more than a century of combined experience in the legal and financial industries, and although we’ve grown, we’re still as nimble as when Fred opened the doors in 1978. We pride ourselves on offering greater flexibility and a more personal experience than larger corporate fiduciaries, building relationships that allow each client to make the best decisions for their specific situation.
As a company that helps clients plan for the future, we recognize the importance of looking ahead. That’s why we recently shifted our own structure, adding a board of directors and expanding our team of experienced professionals. These changes provide additional stability and protection — they reflect our commitment to clients, and enhance our ability to serve them.
Fred Schoen, Fiduciary
Throughout his entire career, Fred Schoen has focused on helping people. After spending 10 years as a Trust Officer at Peoples Bank, and seeing the flaws in the wills and trusts he was administering, he decided to fix those problems at the source — by going to work at a law firm.
This was unique, to say the least. Fred was not a lawyer, and this was before the advent of paralegal services. So Fred was, in effect, one of the first paralegals in the country. And his skill was so apparent that competing firms called him to consult on their own clients’ trusts and estate plans.
In 1978, he founded Fred Schoen Fiduciary Services to share his expertise with a wider range of clients and work with CPAs and investment professionals, as well as law firms. And the responsibility he feels toward his clients is immense.
“You’ve got to get the person to have trust in you and know that we care,” he says. “I thoroughly, utterly love what I do.”
A lifelong Seattle resident, Fred attended Washington State University and has been actively involved with the Pride Foundation. He is a state-certified professional guardian, a member of the National Guardianship Association and the Washington State Guardianship Association. He enjoys stamp collecting, trips to Puerto Vallarta and all things Harry Potter.
Darel Gillespie, CTFA, CFP®, Senior Trust Officer
Darel Gillespie has more than 25 years of experience across the spectrum of financial services, the last 15 of which have been spent managing and administering trusts.
He joined Fred Schoen after several years at Key Private Bank, where he served as a Senior Trust Officer and Vice President. Darel has broad expertise in trusts, estates and estate planning, investments and relationship management.
As a Certified Trust and Financial Advisor (CTFA) and Certified Financial Planner (CFP), Darel takes an analytical approach to address problems and create solutions. He’s a graduate of Central Washington University with a degree in Business Administration, Finance and Management.
He enjoys home remodeling and the outdoors, including fishing, hunting, boating and camping — and he volunteers with organizations that reflect those interests. Darel is a boat captain for Salmon for Soldiers, which serves veterans who have experienced traumatic injuries; he also works with Habitat for Humanity of Snohomish County.
Kathy Price, Senior Trust Officer
Kathy Price joined Fred Schoen Fiduciary Services in 2008 after nearly 20 years with Bank of America. She served in several roles at the bank, including Senior Vice President for the Premier Banking division, Branch Manager and Client Relationship Manager.
Her extensive experience in financial services is invaluable to Fred Schoen clients who need assistance with trusts and estates.
Kathy is a University of Oregon grad and isn’t afraid to show her Duck pride, even in Seattle. An avid reader, she enjoys international travel, gardening and sharing good meals with friends and family, including her grown daughter.
Kathleen Jones, Accounting Administrator
Kathleen Jones has been providing precise record keeping for Fred Schoen Fiduciary Services since 1993. She tracks every transaction in hundreds of client accounts, and also provides records to CPAs and other professionals for tax and legal purposes.
When dealing with other people’s money, of course, everything must balance to the penny. And Kathleen’s efforts ensure that all interested parties know exactly how their accounts are being managed — and that their trust is well placed.
Kathleen, who serves as the social planner for the office, has a grown daughter and is very active in a guild at Seattle Children’s Hospital that has raised more than $500,000 for pediatric brain cancer research.