South Dakota is one of the most popular and attractive jurisdictions for trust administration due to its favorable trust laws. Bankers Trust Company of South Dakota was chartered in 1999 to serve ultra-high net worth families in a structure that closely resembles that of a family office. As the oldest state chartered public trust company in Sioux Falls, we accommodate a full range of trust needs and can serve in a number of capacities, including Trustee, Directed Trustee, or Agent. Additionally, we add significant value to financial advisors seeking to maintain relationships with their clients but need the assistance of a fiduciary in a favorable jurisdiction.
Bankers Trust Company of South Dakota is currently responsible for over $3.5 billion in assets under administration, and is a wholly owned subsidiary of Bankers Trust Des Moines, Iowa. We are regulated by the South Dakota Division of Banking.
Service you can trust
We are a reputable organization providing trust services since 1999. Additionally, Bankers Trust Company of SD was named as one of America's Most Advisor-Friendly Trust companies by the Trust Advisor in 2014.
Expertise to Serve You
Working with us means having access to highly experienced staff with extensive technical expertise regarding the unique trust laws of South Dakota. Additionally, our staff brings credentials of Certified Trust and Financial Advisor (CTFA), Certified IRA Services Professional (CISP) and Juris Doctorate (JD).
Personal Service You Can Count On
We have the size and capacity to offer a broad product and service offering, but we're small enough to be nimble, flexible and client-focused. Additionally, our clients benefit from the accessibility of deeper resources our affiliates can offer when needed.
A few notes to Financial Advisors:
We have a unique offering when it comes to working with outside Financial Advisors. When you work with us, you continue to own the client relationship. Our role is to support advisors with our administrative trust services. Your client continues to maintain their professional relationship with your firm. Unlike traditional banks and trust companies, we work exclusively with and through the client's professional advisors.
This approach, coupled with our administrative trustee services, offers your clients a unique environment that promotes relationship continuity and advantageous trust opportunities, making BTC SD the trust company of choice for you and your clients.
You have the opportunity to provide your clients with the most flexible and innovative trust and tax laws in the country. We give you a strategy to maintain clients through multiple generations which gives you a competitive edge, a way to differentiate yourself in the marketplace.
We have a vested interest in your success.
South Dakota Division of Banking
Bankers Trust Annual Reports
SDCL Title 55, Fiduciaries and Trusts