The difference between Argonne Trust Company and
other trust companies is our understanding of "total wealth." By addressing the client's 3 Dimensional Wealth (social, financial, and personal), we can use South Dakota's unique trust statutes
to perpetuate values in addition to valuables.
Argonne plays a fiduciary role as an independent trustee, fulfilling duties as a "delegated" or "directed" trustee working with one or more family members and/or family advisors (e.g., investment managers, CPAs , attorneys, insurance advisors, financial consultants, and planners, etc.) to cater to the desires of each client.
We seek to find a way to ensure that all individuals involved in the administration and management of a trust complement each other and effectively provide guidance and service to the beneficiaries and heirs with consideration of their needs in the context of the personal interrelationships within the family while adhering to the provisions set out in trust.
Often, corporate fiduciaries demand or eventually seek total control in carrying out the trustee functions, such as the investment management and other in-house services they provide to add to their bottom line. Our objective is not for the individuals, advisors and/or co-trustees involved to lose control, but rather to gain more control and be able to execute their roles without being burdened by concerns over the trust administration functions.
Often wealthy families desire a trustee willing to "delegate" certain responsibilities such as investment management (i.e., delegated trustee) or to accept direction from an Investment Committee and/or Distribution Committee (i.e., directed trustee). Argonne is able to efficiently accommodate these scenarios with experienced and knowledgeable administrators and state-of-the-art technology.
If desired, Argonne can also serve as "full" trustee, providing a family with an all-inclusive approach to trust administration.
Argonne Trust Company, Inc.
4418 S. Technology Drive
Sioux Falls, SD 57106
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