South Dakota · Public trust company
North Point Trust Company, LLC
Services offered
- Directed trusteeship carrying out appointed investment decisions as described
- Trust accounting for assets and liabilities as listed
- Distribution management as listed
- South Dakota checking-account administration for trust expenses as listed
- Tax-return oversight as listed
- Administration of installment-sale and other sophisticated estate-plan mechanics as described
Who it is for
- Clients who wanted a South Dakota trustee independent from banks and investment firms, as the homepage describes the 1999 founding request
- Families using sophisticated legacy or dynasty trusts, as described
- Creators and advisors who intend to keep investment decisions with the family or the existing investment advisor
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 North Point Trust Company, LLC, credential TC.011-2, public TC.2, first issuance 20 October 1999, at 4020 Jackson Boulevard, Suite 3, Rapid City, SD 57702.
- The homepage publishes that Rapid City address, phones 605-718-5722 and 800-330-7207, fax 605-718-5712, and email lauren@northpointtrust.com.
- The same page states North Point was founded in 1999 at the request of clients who wanted a South Dakota trustee independent from banks and investment firms, and that it is owned and operated by accountants and other professionals.
- Homepage functions include holding assets, accounting, managing distributions, carrying out investment decisions as directed by those appointed in the trust agreement or engagement agreement, maintaining South Dakota checking accounts to pay trust expenses, overseeing installment-sale debt repayment, and overseeing tax-return preparation and filing.
- The firm states a strong preference that the trust’s creator, family, or the creator’s investment advisor makes the investment decisions, and that fees are based on trustee activities rather than a percent of trust assets. This listing cites that preference only and does not invent fee amounts.
Notes
North Point Trust Company, LLC is on the South Dakota Division of Banking September 2026 roster as a public trust company (TC.011-2), first issued 20 October 1999, at 4020 Jackson Boulevard, Suite 3, Rapid City. The homepage publishes phones 605-718-5722 and 800-330-7207, and email lauren@northpointtrust.com.
The firm says it was founded in 1999 as a South Dakota trustee independent from banks and investment firms, and that accountants and other professionals own and operate it. The directed-trust story is explicit: carrying out investment decisions as directed by those appointed in the trust or engagement agreement, with a strong preference that the creator, family, or investment advisor makes those decisions. Fees are described as activity-based, not a percent of assets — request the schedule; do not invent dollars. This page does not invent AUM.
What to verify next
Confirm credential TC.011-2 and that North Point Trust Company, LLC is the appointed South Dakota trustee. Get the directed seat in writing — the homepage’s core function is carrying out investment decisions as directed by those named in the trust or engagement agreement, with a stated preference that the creator, family, or investment advisor decides investments. Ask who actually directs and how installment-sale or other plan mechanics will be administered from Rapid City. The firm says fees are based on activities, not a percent of assets; request a current schedule and do not invent amounts. Omit AUM.
Sources
State file: South Dakota trust companies · South Dakota directed trustees · Other South Dakota listings