A person or institution that holds or generally manages property for the benefit of someone else under a trust agreement is called a(n):

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A trustee is the person or institution responsible for managing property under a trust agreement for the benefit of someone else, known as the beneficiary. An executor is responsible for carrying out the terms of a will, while a guardian is responsible for caring for a person, typically a minor or someone who cannot care for themselves. An executrix is simply a female executor. Therefore, the best choice for someone who manages property under a trust agreement is a trustee.

A Person or Institution That Holds or Generally Manages Property