South Dakota · Public trust company
Wealth Enhancement Trust Services, Inc.
Also used as WETS.
Former names: Wealth Enhancement Trust Services, LLC
Services offered
- Directed trusteeship (advisor investment management plus WETS administration) as described
- Traditional / discretionary trusteeship (administration and investment management) as described
- Acting trustee and successor-trustee appointments as marketed
- Administration of revocable, irrevocable, directed, discretionary, special-needs, charitable, GRAT/GRIT/SLAT, dynasty, and asset-protection trusts, plus specialty-asset management, as listed
Who it is for
- Wealth Enhancement / WEAS clients who want an in-house South Dakota trustee, as described on the trust-services pages
- Families whose financial advisor will keep investment management on a directed appointment
- Clients using the trust types listed on the firm’s trust-services pages
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 Wealth Enhancement Trust Services, Inc., credential TC.038-2, public TC.2, first issuance 23 June 2008, at 5006 S. Broadband Lane, Suite 110, Sioux Falls, SD 57108.
- Confirm the appointment entity. The September 2026 roster and the November 2025 WEAS Form ADV wrap brochure use Wealth Enhancement Trust Services, Inc. (WETS). The January 2024 how-to PDF and older WEAS materials still say Wealth Enhancement Trust Services, LLC, a trust company chartered under South Dakota law. An SEC 13F-HR/A for the period ended 30 June 2026 lists the conformed name as Inc. and a former company name of LLC with a name-change date of 9 May 2025.
- Trust-services pages (national and Sioux Falls) state WETS can serve as Directed Trustee and Traditional Trustee, and that the South Dakota charter provides privacy, flexibility, and asset protection. They list a trust team with Sioux Falls, Madison, Brookfield, and Williston contacts. This listing uses the roster street for the South Dakota company.
- The January 2024 PDF describes a directed trust that splits the trustee role into Administrative Trustee (title, accounts, taxes, trust terms), Investment Advisor (marketable-asset decisions), and Distribution Advisor (when and how assets are distributed).
- The November 2025 ADV states WETS offerings recommended to WEAS clients create a conflict because WEAS and its employees may benefit. It also says fees for trust services may be separate from the WEAS advisory fee. This listing cites that language only and does not invent dollars.
Notes
Wealth Enhancement Trust Services, Inc. is on the South Dakota Division of Banking September 2026 roster as a public trust company (TC.038-2), first issued 23 June 2008, at 5006 S. Broadband Lane, Suite 110, Sioux Falls. Firm pages also use WETS.
Confirm the legal name on the appointment. The roster and the November 2025 WEAS Form ADV use Inc. A January 2024 how-to PDF still says LLC. An SEC 13F records a former LLC name with a 9 May 2025 name-change date.
The public model is directed / mixed. Trust-services pages say WETS serves as Directed Trustee (advisor investments, WETS administration) or Traditional Trustee (administration and investments). The January 2024 PDF describes a three-role directed split. ADV discloses the WEAS affiliation as a conflict. This page does not invent fees or AUM.
What to verify next
Confirm credential TC.038-2 and that Wealth Enhancement Trust Services, Inc. — not Wealth Enhancement Advisory Services, LLC, and not the former LLC name — is the appointed South Dakota trustee. Get the seat in writing. The firm publishes Directed Trustee (advisor IM, WETS admin) and Traditional Trustee (admin plus IM), and the January 2024 PDF adds a three-role directed split. Write the WEAS affiliation and ADV conflict into the file, and ask whether a non–Wealth Enhancement advisor can sit in the investment seat on equal terms. Ask which office (roster Sioux Falls versus published Madison, Brookfield, or Williston contacts) will administer. ADV says trust fees may be separate from advisory fees; request a schedule and do not invent dollars. Omit AUM.
Sources
State file: South Dakota trust companies · South Dakota directed trustees · Other South Dakota listings