Appointing a Professional Fiduciary as a trustee Mar 29, 2011 / By: Kim Thomas, paralegal Category: beneficiary, Department of Consumer Affair's Professional Fiduciaries Bureau, Estate Planning, Living Trust, Professional Fiduciary, Trust Department A professional fiduciary is licensed to serve as a Trustee but is not a bank. In California, professional fiduciaries are registered with the Department of Consumer Affair's Professional Fiduciaries Bureau. http://www.fiduciary.ca.gov/ Read more »