South Dakota · Public trust company

Biltmore Trust Company

Charter / domicile

South DakotaTC.2 — Public Trust CompanyTC.030-2

Regulator

South Dakota Division of Banking (primary). Also licensed by the Ohio Division of Financial Institutions.

Public / private

IndependentThe About page calls Biltmore an independent trust company that sells no products and receives no income from commissions or referrals. The same page states it is licensed and regulated by the South Dakota Division of Banking and is also licensed by the Ohio Division of Financial Institutions, and that it offers South Dakota or Ohio situs.

Directed-trust focus

Directed / mixedTrustee Services lists three administration levels. Option 1 Directed Trust Administration — Biltmore remains the administrative trustee and takes direction from a Trust Protector, Distribution Committee, and/or Investment Advisor or Committee. Option 2 Fully Managed — Biltmore as full trustee for administration, investment, tax, and discretionary distributions. Option 3 Delegated — Biltmore is granted investment discretion and delegates investment management to a third-party manager it monitors. Treat as directed / mixed, not a directed-only shop.

Headquarters

212 S. Main Ave., Suite 203, Sioux Falls, SD 57104

Founded / charter

Founded 2007Charter year 2007 (2007-07-10)

Published AUM / AUA

Not published — omitted

Website

biltmoretrustco.com

Services offered

• Directed trust administration as administrative trustee taking direction
• Fully managed / traditional trusteeship as marketed
• Delegated trust administration with third-party investment managers as described
• Coordination with existing attorneys, accountants, and financial consultants as described on About

Who it is for

• Affluent families, individuals, businesses, and philanthropic organizations, as stated on About
• Clients who want a South Dakota or Ohio situs option through this dual-licensed company
• Advisors who want to keep a Trust Protector, Distribution Committee, or Investment Advisor in the directed seat

Sourced facts

• On the South Dakota Division of Banking roster of trust companies chartered to do business in South Dakota as of September 2026 as Biltmore Trust Company, credential TC.030-2, public TC.2, first issuance 10 July 2007, at 212 S. Main Ave., Suite 203, Sioux Falls, SD 57104.
• About states Biltmore is an independent trust company that sells no products and receives no income from commissions or referrals.
• About states Biltmore is licensed and regulated by the South Dakota Division of Banking and is also licensed by the Ohio Division of Financial Institutions, and that it offers South Dakota or Ohio situs.
• About says Biltmore has built relationships with South Dakota since 2007.
• Trustee Services publishes three options — Directed Trust Administration, Fully Managed Trust Administration, and Delegated Trust Administration — and describes the directed option as bifurcation of trustee duties among multiple parties.
• About says the fee structure is reasonable, competitive, and fully disclosed. This listing cites that disclosure practice only and does not reprint or invent dollar amounts.

Notes

Biltmore Trust Company is on the South Dakota Division of Banking September 2026 roster as a public trust company (TC.030-2), first issued 10 July 2007, at 212 S. Main Ave., Suite 203, Sioux Falls.

The About page calls it an independent trust company that sells no products and takes no commissions or referrals, and states it is also licensed by the Ohio Division of Financial Institutions with a South Dakota or Ohio situs option. Trustee Services is directed / mixed: Option 1 directed administration under a Trust Protector, Distribution Committee, and/or Investment Advisor; Option 2 fully managed; Option 3 delegated investment management. Confirm which option and which situs sit on the appointment. This page does not invent fees or AUM.

State file: South Dakota trust companies · South Dakota directed trustees · Other South Dakota listings