Host Services for Trust Companies
Supporting South Dakota’s trust industry.
In addition to providing trust administration and fiduciary services, Bridgeford Trust Company provides host company services, including back-office, clerical, compliance, and trust administration support that helps startup public and private trust companies remain compliant and operate effectively under South Dakota law.
Bridgeford offers a variety of optional services to meet the unique needs of each host company, as well as trust administration and custodial account services. Our team includes highly qualified industry professionals (JDs, CPAs, CTFAs, CFAs, CFPs) who are known and vetted by the South Dakota Division of Banking and provide a broad range of administrative and compliance functions. In addition, we are intimately familiar with the nuances of South Dakota Division of Banking requirements and deliver responsive, personalized service designed to help ensure the long-term success of the host companies we serve.
Host Services for Trust Companies
Tailored Solutions
Host Company Service Packages
Whether you are looking for a full-service provider or targeted support, Bridgeford tailors its host company services to meet the specific needs of both private families and public entities. Service packages may include any of the following (and more):
- Charter application assistance
- Insurance and bonding support
- Physical office space (including utilities)
- Registered agent services
- Annual Board compliance dashboard and tracking
- Board and Trust Committee agendas and minutes
- Corporate books and records maintenance
- Directors for the company (South Dakota)
- Trust Committee members (South Dakota)
- Trust Officers (South Dakota)
- Other South Dakota officers (BSA Officer, Compliance Officer, Secretary, Vice President, Treasurer)
- Other committee members (Audit, Distribution, Investment)
- General guidance and consulting
- BSA/AML/CIP compliance support
- Regulatory compliance support and performance of compliance functions
- Regulatory reporting (Division of Banking required reports)
- Financial reporting (company financial reporting)
- Receptionist services
- Mail collection and forwarding
- Notary services
- General administrative assistance
- Division of Banking pledge account assistance
- Assistance establishing required South Dakota company bank accounts
- Facilitating banking transactions
- Assistance with tax and other reporting requirements
Questions About Host Services for Trust Companies?
If you would like to learn more about our host services for trust companies or discuss a customized service package for your trust company, reach out to us through our contact form or call us at (605) 224-9189.
