America's Most Advisor-Friendly Trust Companies 2024 - 29

2024 AMERICA'S MOST ADVISOR-FRIENDLY TRUST COMPANIES
SOUTH
DAKOTA TRUST
COMPANY LLC
Pierce H.
McDowell III
Co-Chairman and
Co-Chief Executive
Officer
South Dakota Trust Company LLC.
201 S Phillips Ave, Ste 200, Sioux Falls, SD 57104
www.sdtrustco.com
Founded by Al W. King Ill and Pierce H. McDowell Ill, South
Dakota Trust Company LLC is a national boutique trust company
headquartered in Sioux Falls with a satellite office in Rapid City and sister
companies in Jackson Hole, Las Vegas, New York City and Westport, CT.
SDTC has more than $140 billion in assets under administration and
works with over 118 billionaire and 410 centimillionaire clients from 54
countries and 47 states. These high-net-worth families have chosen
SDTC due to our exceptional service and flexible business model along
with South Dakota's unique trust, privacy, asset protection, income tax
and private family trust company laws.
Advisors generally contact
South Dakota Trust Company
LLC (SDTC) looking to
provide modern South
Dakota trust solutions
involving flexibility, control,
tax savings, asset protection
and privacy. South Dakota
has been one of the industry
leaders in the design and
development of modern
trust laws. South Dakota
was the first no-income tax
dynasty trust state with its
1983 statute. Additionally,
several other top-rated
trust, asset protection, tax
and privacy laws have since
been enacted, keeping South
Dakota at the forefront of
modern trust situs.
The South Dakota trust
industry has received great
support over the years from
its governor, division of
banking, state legislature,
judiciary, trust committee
and trust association.
The combination of
the above with SDTC's
collaborative fiduciary
offerings working with family
and family advisors within
directed trust structures,
special purpose entities and
private trust companies all
make SDTC an extremely
popular choice for many
families and their advisors.
BUSINESS
STRATEGY
STRATEGY
VISION
BUSINESSMAN
IDEA
ACHIEVEMENT
CAPITAL
FINANCIAL ADVISOR
MANAGING
TAX
INNOVATION
BOARD MEETING
PRODUCTIVITY
QUALITY
FINANCE
DIRECTION
DECISION MAKING
PLANNING
BANKRUPT
GLOBAL BUSINESS
WALLET
COLLABORATION
SUCCESS
SDTC's founders each have over 37 years of trust experience, and our
trust officers average more than 20 years of experience. Moreover,
SDTC's trust officers are highly credentialed attorneys, accountants
and trust professionals trained and experienced in the areas of South
Dakota trust administration. Each trust officer utilizes their extensive
experience to supplement and facilitate communication with the client,
the beneficiaries and the client's other investment, financial planning,
legal, insurance and tax advisors, acting as a relationship manager while
customizing trust services individually for each client.
Because we do not offer any investment management products or
services, we are able to work with any investment managers and
custodians of the client's choice. Our architecture is truly open. We
administer all types of non-financial assets, e.g., closely held stocks,
limited partnerships, residential and commercial real estate, LLCs, oil and
gas interests, offshore entities, etc.
In addition, our sister company SDTC Services LLC leads the industry
in the set-up, operation and administration of both regulated (SD) and
unregulated (WY and NV) Private Family Trust Companies.
47 ED I T A B L E L I N E I C O N S S E T
BUSINESS
STRATEGY
STRATEGY
VISION
BUSINESSMAN
IDEA
PROJECT
CONTRACT
STRATEGIC FEATURES
ACHIEVEMENT
CAPITAL
FINANCIAL ADVISOR
MANAGING
TAX
INNOVATION
QUALITY
COMPREHENSIVE ESTATE
PLANNING FOR ULTRA-HIGHNET-WORTH
CLIENTS
DECISION MAKING
GLOBAL BUSINESS
47 ED I T A B L E L I N E I C O N S S E T
PROJECT
CREATION OF ASSET
PROTECTION TRUSTS
CROSS-BORDER ESTATE
PLANNING
BUSINESS
STRATEGY
STRATEGY
CONTRACT
VISION
BUSINESSMAN
IDEA
DIGITAL ASSET ESTATE
PLANNING
ACHIEVEMENT
GROWTH
ORGANISATION
CAPITAL
FINANCIAL ADVISOR
MANAGING
QUALITY
TIME IS MONEY
GUIDANCE
FINANCIAL STRATEGY
DECREASE
MONEY SEARCH
CALENDAR
REPORT ANALYSIS
INVESTMENT
ORGANISATION
ADVERTISING
ESTATE PLANNING FOR
BLENDED FAMILIES
DECISION MAKING
TAKE OVER
PLANNING
BANKRUPT
PRESENTATION
PROBLEM SOLVING
REPORT
WORKFLOW
ESTATE PLANNING FOR HIGHNET-WORTH
INDIVIDUALS
GLOBAL BUSINESS
REVENUE
DEFENSE STRATEGY
WALLET
COLLABORATION
SUCCESS
PRESENTATION
FINANCE
DIRECTION
TAX
INNOVATION
BOARD MEETING
PRODUCTIVITY
FINANCE
DIRECTION
TIME IS MONEY
GUIDANCE
PLANNING
BANKRUPT
REPORT ANALYSIS
INVESTMENT
WALLET
COLLABORATION
SUCCESS
PRESENTATION
PROBLEM SOLVING
BOARD MEETING
PRODUCTIVITY
GROWTH
ORGANISATION
FINANCIAL STRATEGY
DECREASE
MONEY SEARCH
CALENDAR
INTEGRATING ADVISORS IN
TRUST MANAGEMENT
ORGANISATION
ADVERTISING
PHILANTHROPIC ESTATE
PLANNING
REPORT
WORKFLOW
REVENUE
47 ED I T A B L E L I N E I C O N S S E T
SUCCESSION PLANNING FOR
FAMILY BUSINESSES
PROJECT
CONTRACT
SUSTAINABLE ESTATE
PLANNING
GROWTH
ORGANISATION
TIME IS MONEY
GUIDANCE
FINANCIAL STRATEGY
DECREASE
MONEY SEARCH
CALENDAR
REPORT ANALYSIS
INVESTMENT
ORGANISATION
ADVERTISING
TAX-EFFICIENT PLANNING
FOR MAJOR TRANSACTIONS
TAKE OVER
PROBLEM SOLVING
REPORT
WORKFLOW
U.S. ESTATE AND TAX
PLANNING FOR
REVENUE
DEFENSE STRATEGY
NONRESIDENT ALIENS
29
TAKE OVER
DEFENSE STRATEGY
Marketing support includes:
Through its sister company
South Dakota Planning
Company (SDPC), SDTC
provides technical support
for trust and situs planning as
well as for sales, training and
client seminars. Our business
development team is always
happy to provide support
in any way we can with
conference calls (telephonic
or video), in-person
meetings, presentations,
webinars, promotional/
educational materials,
training sessions, etc.
New business contact:
Pierce H. McDowell Ill
Co-Chairman and Co-Chief
Executive Officer
Phone: (605) 338-9170
Email: info@sdtrustco.com
Website: www.sdtrustco.com
CONTACT
States chartered/licensed
in: South Dakota
Average account size:
$18 million
Total assets (AUA):
$140 billion
Custodians supported:
SDTC works with custodians
of the clients' choice.
Number of relationships
with advisors: 2,500+
Fees
Annual minimum fee:
$5,500-$7,500
Fee scale (directed and
delegated trust services):
Flat fees based upon labor,
risk and other factors.
Number of in-house
experts: 100+
Trust accounting system:
Infovisa
Supports directed trusts: Yes
Supports delegated trusts: Yes
Typical timeframe for
acceptance of new trust:
24-48 hours
https://sdtrustco.com/ https://sdtrustco.com/contact-us/ https://sdtrustco.com/
America's Most Advisor-Friendly Trust Companies 2024

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