# Options for managing a small portfolio of mineral rights
**URL:** https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349
**Category:** General Mineral Rights Discussion
**Created:** [April 10, 2019, 10:39pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349 "2019-04-10T22:39:46Z")
**Posts on this page:** 15
**Page:** 1
### Author:  [@bliverpool415](https://www.mineralrightsforum.com/u/bliverpool415)
#### Post date: [April 10, 2019, 10:39pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/1 "2019-04-10T22:39:46Z")
I’m a beneficiary to an estate that includes mineral rights that has now been divided up through a couple of generations leaving only 20 shares divided between 5 beneficiaries. Up until now this has been managed by US Trust. However, due to the small number of shares and the number of benefactors, US Trust is no longer interested in managing this. Are there management companies that will work with small clients or what other options are there for handling this? Thanks!
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### Author:  [@LongtableHoldingsLLC](https://www.mineralrightsforum.com/u/LongtableHoldingsLLC)
#### Post date: [April 10, 2019, 11:17pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/2 "2019-04-10T23:17:10Z")
Have you tried contacting a mineral asset management firm that’s located in the same vicinity as your minerals? Alternatively, you could find a landman that you trust to handle things for you on an as-needed basis.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [April 11, 2019, 2:25am UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/3 "2019-04-11T02:25:12Z")
Another option is doing it yourself. Many of us do that for our families. There are classes out there through NARO and other institutions that can help you get started and experienced folks to walk you along to get started.
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### Author:  [@bliverpool415](https://www.mineralrightsforum.com/u/bliverpool415)
#### Post date: [April 11, 2019, 3:50pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/4 "2019-04-11T15:50:44Z")
Thanks for your ideas!
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [April 11, 2019, 4:00pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/5 "2019-04-11T16:00:09Z")
Also, various banks will also manage trusts. I know that Wells Fargo and Frost do it and I expect Bank of Oklahoma might as well. They will charge anywhere between 6-8% of the gross (last time I checked). Or you can “hire” a family member to become the expert and pay that person.
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### Author:  [@Richard\_Winblad](https://www.mineralrightsforum.com/u/Richard_Winblad)
#### Post date: [April 11, 2019, 4:48pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/6 "2019-04-11T16:48:48Z")
Some states, like Oklahoma, make managing minerals painless since taxes are paid before royalties. However, Texas requires payment by owners to the County for taxes.
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### Author:  [@bliverpool415](https://www.mineralrightsforum.com/u/bliverpool415)
#### Post date: [April 22, 2019, 4:05pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/7 "2019-04-22T16:05:36Z")
Thanks! Following up on this question, as I learn more on this. We hold over 100 wells on 44 properties, only 20 are producing and 24 are non-producing. Is that typical? Or is there room for improvement?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [April 22, 2019, 11:38pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/8 "2019-04-22T23:38:59Z")
Depending upon what state and county you are in, that can be typical or not. Room for improvement comes with increased leasing and drilling. Sometimes, you can do a multi-tract deal if a company is interested in one property and you have another close by.
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### Author:  [@bliverpool415](https://www.mineralrightsforum.com/u/bliverpool415)
#### Post date: [April 22, 2019, 11:43pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/9 "2019-04-22T23:43:14Z")
Thanks! I was thinking of presenting the idea that myself or another sibling offer to get certified to manage these and build the case that perhaps we could do it better. (But sounds like I need to find out more, like where these are located for one ;-).
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [April 22, 2019, 11:45pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/10 "2019-04-22T23:45:40Z")
Lots of us manage our own. First thing to do is find out what you own.
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### Author:  [@bliverpool415](https://www.mineralrightsforum.com/u/bliverpool415)
#### Post date: [May 6, 2019, 11:11pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/11 "2019-05-06T23:11:24Z")
I’m learning a bit more about what exactly we own. Most are in TX: Cochran County, Ward County, Webb County, Borden County, Jones County, Hockley County, Palo Pinto County, Yoakum County, McLennan County, Hill County, Duval County, Bailey County, Fisher County
And some in IL: White County
I have a list of these – 21 Producing (11 mineral interest, 9 royalty Interest) and 23 non producing (22 mineral interest, 1 Royalty interest).
I’m trying to understand this in order to evaluate options for managing these as US Trust told us they cannot anymore. I guess I could explore taking the course and trying to learn how to do this.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [May 6, 2019, 11:31pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/12 "2019-05-06T23:31:14Z")
That is a significant portfolio. I might suggest that you take the NARO 101 course at a state NARO convention or watch in on UTube. If you really want to have a good handle, then I would suggest taking the CMM class Level 1 & 2 at a NARO convention.
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### Author:  [@bliverpool415](https://www.mineralrightsforum.com/u/bliverpool415)
#### Post date: [May 8, 2019, 12:50am UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/13 "2019-05-08T00:50:36Z")
Longtableholdersllc, any suggestions for asset managers? (we’ve been declined by Frost and US Trust – mostly due to low revenue/number of assets) I’m learning a bit more about what exactly we have. Most are in TX: Cochran County, Ward County, Webb County, Borden County, Jones County, Hockley County, Palo Pinto County, Yoakum County, McLennan County, Hill County, Duval County, Bailey County, Fisher County
And some in IL: White County
I have a list of these – 21 Producing (11 mineral interest, 9 royalty Interest) and 23 non producing (22 mineral interest, 1 Royalty interest).
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [May 8, 2019, 11:45am UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/14 "2019-05-08T11:45:50Z")
The Texas NARO convention is near Austin July 21-23. Quite a few mineral owners and managers attend. Good place to network and start learning how to manage your minerals. You might contact the NARO TX president (Wade Caldwell who is on the forum) and see if he knows any managers or has a list of Certified Minerals Managers who might handle smaller sets of minerals. Otherwise, you can do it yourself. It can be quite satisfying.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:19pm UTC](https://www.mineralrightsforum.com/t/options-for-managing-a-small-portfolio-of-mineral-rights/44349/15 "2025-01-11T19:19:11Z")