South Dakota · Public trust company

Independent Trust Company, LLC

Also used as ITC.

Charter / domicile
South DakotaPublic trust company (TC.2)TC.060-2
Regulator
South Dakota Division of Banking
Public / private
IndependentThe firm describes itself as an independent trust company focused solely on trust administration. It states it does not manage or sell investment products tied to the trusts it administers.
Directed-trust focus
Directed trusteeFirm pages describe directed and delegated / unbundled structures — trust administration without proprietary investment management, so the family’s RIA can keep the book. “Unbundled” is explained as separating administration from investment management; the firm notes a directed trust and a delegated trust are different legal structures.
Headquarters
1301 West Omaha Street, Suite 203, Rapid City, SD 57701
Founded / charter
Charter year 2011 (2011-04-06)
Published AUM / AUA
Not published — omitted
Website
independenttrust.com

Services offered

Who it is for

Sourced facts

Notes

Independent Trust Company, LLC is on the South Dakota Division of Banking September 2026 roster as a public trust company (TC.060-2), first issued 6 April 2011, at 1301 West Omaha Street, Suite 203, Rapid City. The firm says it is licensed and headquartered in South Dakota and has served families since 2011.

The public model is independence plus unbundled administration. ITC says it does not manage or sell investment products tied to the trusts it administers, and it publishes directed and delegated structures so an existing RIA can keep the book. Get the exact seat in the instrument. This page does not invent fees or AUM.

What to verify next

Strong fit for the directory’s directed-trustee thesis. Confirm credential TC.060-2 on the appointment and whether the seat is directed, delegated, corporate trustee, or agent trustee — the firm publishes all of those and says the legal difference matters. Ask for a current fee schedule; do not invent fees. Omit AUM.

Sources

  1. Trust Companies Chartered to Do Business in South Dakota
    South Dakota Division of Banking · dated as of September 2026 · accessed 2026-09-09
  2. Independent Trust Company homepage
    Independent Trust Company · accessed 2026-09-09
  3. What is an Independent Trust Company?
    Independent Trust Company · accessed 2026-09-09
  4. What Is an “Unbundled” Trust and How Does It Work?
    Independent Trust Company · accessed 2026-09-09
  5. What Trust Services Do We Offer?
    Independent Trust Company · accessed 2026-09-09

Last reviewed 2026-09-09.

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