Why South Dakota Trust Company (SDTC)?

South Dakota Trust Company, LLC (SDTC) offers pure trust administration without any product.  We work with whomever the client or advisor wishes regarding investments, insurance and custody.  We also are comfortable administering trusts with non-financial assets, e.g., LLCs, FLPs, closely-held stock, real estate and off shore entities.  As a result of SD's competitive and unique laws, we work with families all over the globe. Serving these families as trustee as well as serving as corporate and/or trust agent for family-owned Private Trust Companies.

SDTC currently has relationships with more than 60 billionaires internationally, and more than 200 clients whose net worths average more than $100 million each.  SDTC has approximately $9 billion in assets under administration as trustee and $60 billion as agent. 

The two principals of SDTC (Please see Management Biographies) have worked with wealthy families (including 15% of the Forbes 400) for several years.  Based upon this experience and evaluating the needs of ultra wealthy clients, the principals created SDTC. 

Pierce McDowell, one of SDTC's principals, is head of the South Dakota Legislative Committee and has been for quite some time, which has resulted in South Dakota having the best domestic trust statutes, and the most modern trust legislation for the wealthy in the U.S..  Additionally, Mr. McDowell and other SDTC personnel sit on the board of directors of many wealthy families' Private Family Trust Companies (Please visit www.privatefamilytrustcompany.com  for more information).  Mr. McDowell was previously the president and co-founder of Citicorp Trust South Dakota.

Al King has served on the editorial board of directors of Trusts & Estates magazine for more than 15 years and was formerly a Managing Director/Vice Chairman and the National Director of Estate Planning at Citigroup.  Mr. King was also co-founder of Citicorp Trust South Dakota in 1995. In addition, he is frequently published and quoted by several publications on various Estate Planning topics and addresses several professional organizations, special interest groups, and general audiences on the subject of estate and financial planning

The experience and knowledge gained from working with these wealthy families since 1995 combined with the existing trust and legislative expertise makes SDTC's offering very unique.

For additional information on please contact us or visit SDTC's main website, www.sdtrustco.com .