Trust Companies
High Net Worth Guide 2024 : South Dakota
Spotlight
About
Provided by Trident Trust
Ranked as one of the leading trust companies in South Dakota in the respected Chambers & Partners High Net Worth Guide, every year since 2016, our experienced, qualified team in Sioux Falls provides a wide range of fiduciary and corporate services to professional advisors and their high net worth clients, both international and U.S. based.
South Dakota is frequently ranked the number one trust jurisdiction in the United States. It is recognised for its modern trust laws, which include powerful privacy and asset protection provisions and the ability to establish dynastic trusts for multi-generational planning, as well as directed trusts where the trustee takes ‘directions’ from an advisor or committee in relation to trust fund investments and/or distributions.
Our services include the administration of both directed and delegated trusts, as well as discretionary trusts. The team also acts as the hub for our US corporate services, covering all US states. Three-quarters of the office’s staff have legal and/or accounting backgrounds, ensuring that complex client needs and structures are always in good hands.
Office details:
Trident Trust Company (South Dakota) Inc
300 Cherapa Place, Suite 501
Sioux Falls
South Dakota 57103, USA
+1 605 679 4355
Chambers Review
Trident Trust Company provides trust and fund administration services to high net worth clients. The firm is a major international provider of fiduciary services, and clients may benefit from its presence in other key jurisdictions.
Strengths
Provided by Chambers
"An international trust company with significant staff in South Dakota. They are known for taking complicated matters and representing high net worth people from all over the world."
"An international trust company with significant staff in South Dakota. They are known for taking complicated matters and representing high net worth people from all over the world."
Industries
Provided by Trident Trust
Corporate services, Fund services, Wealth Structuring, Accounting & Payroll