South Dakota · Public trust company
TFO Trust Company, LLC
Former names: PandoTree Trust Company, LLC
Services offered
- Full trustee services as marketed
- Co-trusteeship with family members or other advisers, as described
- Directed trusteeship (administration while the family-appointed team handles distribution and investment)
- South Dakota situs administration as described on the homepage
Who it is for
- Client families of TFO Family Office Partners and TFO Wealth Partners, as stated on the homepage
- High-net-worth and ultra-high-net-worth families those parents describe as their market
- Families who want South Dakota law without residing in the state, as described by the firm
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 TFO Trust Company, LLC, credential TC.124-2, public TC.2, first issuance 6 February 2018, at 212 S. Main Avenue, Suite 145, Sioux Falls, SD 57104.
- The homepage publishes that Sioux Falls address, phone 605.275.1586, and email info@tfotrustco.com.
- The Division’s April 2023 Activity Report records approval on 14 April 2023 of PandoTree Trust Company, LLC’s application to change its name to TFO Trust Company, LLC.
- The homepage states the company was formed in direct response to the unique needs and goals of the client families of TFO Family Office Partners and TFO Wealth Partners, and names those firms as parent companies.
- The same page lists Trustee, Co-Trustee, or Directed Trustee seats. Directed Trustee is administration while the family’s appointed team takes distribution and investment responsibilities.
- A 18 September 2025 TFO Wealth Partners podcast page interviews Donald Scott as a director of TFO Trust Company and notes the company is chartered in South Dakota. Use that page for affiliate context only; this listing is the trust company, not the RIA.
Notes
TFO Trust Company, LLC is on the South Dakota Division of Banking September 2026 roster as a public trust company (TC.124-2), first issued 6 February 2018, at 212 S. Main Avenue, Suite 145, Sioux Falls. The Division’s April 2023 Activity Report approved the name change from PandoTree Trust Company, LLC on 14 April 2023.
The homepage says the company was formed for clients of TFO Family Office Partners and TFO Wealth Partners, and publishes three seats — Trustee, Co-Trustee, or Directed Trustee. Directed Trustee is administration while the family’s appointed team handles distribution and investment. Confirm the signer is this South Dakota charter, not an affiliate letterhead. This page does not invent fees or AUM.
What to verify next
Confirm credential TC.124-2 and that TFO Trust Company, LLC — not TFO Family Office Partners, not TFO Wealth Partners, and not the former PandoTree name — is the appointed South Dakota trustee. Get the seat in writing. The homepage publishes Trustee, Co-Trustee, and Directed Trustee; directed here means administration while the family-appointed team handles distribution and investment. Ask who on that appointed team actually directs, and whether a non-TFO advisor can sit in those seats. Ask for a current fee schedule; do not invent fees. Omit AUM.
Sources
State file: South Dakota trust companies · South Dakota directed trustees · Other South Dakota listings