Sarasota Private Trust Company

What Sarasota Private Trust Company does

Sarasota Private Trust Company is a privately held, Florida-domiciled fiduciary services firm founded in 2018 that provides wealth management, tax planning, and trust and estate administration to private clients. According to firmographic data the company operates with 1-10 employees from Sarasota and markets itself as a full-service private trust and estate practice; the company website (sptco.com) currently renders only a verification/loading page, indicating limited public marketing presence. No pricing schedule, customer list, technology stack, or revenue model is disclosed in available sources.

The firm was publicly associated with William Isaac, the former FDIC Chairman (1981-1985), former Chairman of Fifth Third Bancorp, and founder of The Secura Group, who served as Chairman until announcing his retirement just days before his death at age 82 from complications related to Lewy body dementia. His prior affiliation with Sarasota Private Trust and a related Cleveland Private Trust positioned the firm as a boutique fiduciary practice leveraging senior regulatory and large-bank governance expertise. No information is available on the firm's ownership structure, investor base, AUA, fee structure, or successor leadership following Isaac's retirement, and there are no records of funding rounds, acquisitions, partnerships, or product launches in the source data.

Name

Sarasota Private Trust Company

Website

https://sptco.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Sarasota Private Trust Company is a Florida-based, privately held fiduciary services firm founded in 2018 that provides wealth management, tax planning, and trust and estate administration to private clients from its Sarasota office.

Ownership category

akta.pro rank

Product category

Trust and Estate Administration

NAICS

Trusts, Estates, and Agency Accounts (52592), Trusts, Estates, and Agency Accounts (525920), Trust, Fiduciary, and Custody Activities (523991), Portfolio Management and Investment Advice (523940)

akta.pro primary industry

Personal & Family Trust Services (FSAAANAA)

akta.pro secondary industries

Personal Trust & Fiduciary Administration (FSAEAKAA), Family Office Trust & Fiduciary Services (FSAEAKAF), Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF), Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

Keywords

• Trust administration services
• Wealth management advisory
• Estate planning
• Tax planning services
• Private fiduciary services

Headquarters

HQ city

Sarasota

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Core offering

Sarasota Private Trust Company provides financial solutions, wealth management, tax planning, and trust and estate administration services to clients. The firm functions as a private trust company offering ongoing fiduciary services such as estate settlement, trust oversight, and personalized wealth and tax advisory. It is positioned as a boutique fiduciary practice serving a niche clientele rather than a mass-market or technology-led offering.

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Management Personalized wealth management advisory for high-net-worth individuals and families, provided alongside the firm's trust and estate services.
• Tax Planning Tax planning services delivered to clients of the firm, integrated with its trust and wealth management offerings.
• Trust and Estate Administration Ongoing fiduciary administration of trusts and estates, including settlement, ongoing trust oversight, and related fiduciary services for individuals and families.
• Financial Solutions Bespoke financial solutions tailored to client circumstances, distinct from off-the-shelf financial products and aligned with the firm's overall fiduciary mandate.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves1 record

Direct peers

• Cleveland Private Trust (affiliate): Former affiliate trust company chaired by William Isaac alongside Sarasota Private Trust. Directly comparable independent trust company model and same leadership lineage.
• Bessemer Trust: Privately held multi-family office and private trust company serving HNW and UHNW families with trust administration, wealth management, and tax services. Directly comparable business model to Sarasota Private Trust, though at vastly larger scale.
• Argent Financial Group: Independent, employee-owned trust and wealth management firm offering personal trust, estate, and investment services across the Southeast US. Comparable independent boutique trust model with similar regional Florida/Southern presence.
• Fiduciary Trust International: Independent, privately held wealth manager and fiduciary serving HNW families with personalized trust, estate, and investment management services. Highly comparable boutique trust model to Sarasota Private Trust.

Broad incumbents

• Wilmington Trust: Trust and wealth services provider (now an M&T Bank subsidiary) offering personal trust, estate administration, and private banking to HNW individuals and families. Direct overlap in trust and fiduciary services.
• Northern Trust: Large publicly traded trust bank offering personal trust, estate administration, and wealth management to HNW clients. Operates the same core trust and fiduciary services as Sarasota Private Trust but as part of a broader institutional asset servicing franchise.
• BNY Mellon Wealth Management: Major wealth manager and trust services provider to UHNW families, offering trust administration, estate planning, and investment management. Overlaps Sarasota Private Trust's core service set at the upper end of the market.
• Key Private Bank: Private banking and trust division of KeyCorp offering personal trust, estate administration, and wealth management to HNW clients. Comparable integrated trust and wealth offering to Sarasota Private Trust.
• Comerica Wealth & Trust (now part of Citizens): Regional bank's wealth and trust division offering personal trust, estate, and investment management services to HNW clients. Overlaps Sarasota Private Trust's service offering and target market.

Regional players

• First Foundation Bank Wealth & Trust: West Coast and Florida-based wealth and trust services provider offering personal trust, estate planning, and wealth management to HNW clients. Comparable service mix with overlapping Florida presence.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sarasota Private Trust Company