Fiduciary Partners

What Fiduciary Partners does

Fiduciary Partners Trust Company is an independent, employee-owned Wisconsin-chartered trust company founded in 2001 in Appleton, Wisconsin. The firm provides three core fiduciary services — Personal Trust Administration, Administrative Agency Services (trustee, guardian, conservator, agent under power of attorney), and Estate and Trust Settlement Services — for high-net-worth individuals and families. As of 2026, it administers $2.5 billion in assets for more than 700 families across Wisconsin, Minnesota, Upper Michigan, and Illinois, supported by a staff of 45 professionals operating from three offices (Appleton, Brookfield, Madison).

The company operates on an explicit non-custodial, advisor-friendly model: Fiduciary Partners deliberately does not manage investments, instead partnering with more than 250 external investment management firms and referring attorneys and accountants. Underlying technology is non-proprietary — the firm uses standard trust industry software for account management, compliance, and reporting, and provides clients with secure online account access through a third-party portal branded Trust Reporter. There is no mobile app, no disclosed API, and no proprietary AI/ML components. The firm is regulated by the Wisconsin Department of Financial Institutions, holds trust errors & omissions and financial institution bond insurance, and is audited by an independent accounting firm.

Fiduciary Partners generates revenue primarily through recurring fees calculated as a percentage of trust market value, prorated and billed monthly with a monthly minimum floor. Certain trusts are billed as flat annual fees, and estate/trust settlement and tax preparation services carry separate fee schedules. The go-to-market is sales-led and relationship-driven, reliant on referrals from financial advisors, estate-planning attorneys, and accountants, with no resellers or intermediaries. Ownership is concentrated among key executives (President, Senior VPs, and select VPs), and the firm has raised no external capital.

Name

Fiduciary Partners

Legal name

Fiduciary Partners Trust Company

Website

https://fiduciarypartners.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Fiduciary Partners is an independent, employee-owned Wisconsin trust company providing personal trust administration, administrative agency, and estate settlement services to 700+ high-net-worth families across the Midwest, partnering with 250+ external investment managers rather than managing assets itself.

Ownership category

akta.pro rank

Product category

Trust and Fiduciary Services

NAICS

Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (52592), Trusts, Estates, and Agency Accounts (525920)

akta.pro industry

PRIMARYFSAAANAA

Personal & Family Trust Services

Financial & Insurance/Asset & Wealth Management/Trust & Fiduciary Services (Trust Companies, Estate & Custody Trusts)

SECONDARYFSAAANAF

Trust Administration & Fiduciary Accounting Services

Financial & Insurance/Asset & Wealth Management/Trust & Fiduciary Services (Trust Companies, Estate & Custody Trusts)

SECONDARYFSAEAKAA

Personal Trust & Fiduciary Administration

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Fiduciary, Trust & Estate Advisory

Keywords

• Trust administration services
• Estate settlement services
• Fiduciary services
• Corporate trustee services
• Wealth management support

Headquarters

HQ city

Appleton

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Trust Administration Fees: Fees calculated as a percentage of the trust's market value, generally prorated and charged monthly with a monthly minimum fee. For certain types of trusts, fees may be a flat annual fee. Tax preparation services are additional.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Fiduciary Partners Trust Company is an independent Wisconsin-chartered trust company that administers personal trusts, serves as administrative agent (trustee, guardian, conservator, or attorney-in-fact), and handles estate and trust settlement for high-net-worth individuals and families. The firm deliberately does not manage investments, instead partnering with clients' existing financial advisors and attorneys so that trust administration is delivered by an independent, conflict-free corporate fiduciary while investment decisions remain with the client's chosen advisor.

Product overview

Fiduciary Partners is an independent trust company offering a unified suite of fiduciary services rather than a software product. The company provides three integrated service offerings: Personal Trust Administration, Administrative Agency Services, and Estate and Trust Settlement Services. These services work together under a partnership model with clients' existing financial advisors and attorneys, with Fiduciary Partners handling the administrative fiduciary responsibilities while advisors manage investments. The company does not manage money or offer investment management, instead serving exclusively as a corporate trustee and administrative agent.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Trust Administration

Quantifiable outcome

• Delivering peace of mind for clients and their families through professional trust administration

Named customers2 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Investment Management Firms (250+)coreStrategic or Co-development Partner · 1 January 2001Fiduciary Partners partners with over 250 investment management firms to provide comprehensive trust services. The company focuses on trust administration while partner advisors handle investment management, eliminating conflicts of interest that arise when one entity handles both.

Scale indicators7 records

Recent moves9 records

Expansion highlights5 records

Regional players

• Associated Trust Company: Associated Trust Company is a Wisconsin-based trust company offering personal trust and estate services, directly overlapping with Fiduciary Partners' geographic market and customer segment in the upper Midwest.

Broad incumbents

• Bessemer Trust: Bessemer Trust is a leading private wealth and investment advisory firm focused exclusively on ultra-high-net-worth families, providing trust, estate, and family office services. It competes with Fiduciary Partners for higher-end estate settlement and multi-generational trust relationships.
• BNY Mellon Wealth Management: BNY Mellon Wealth Management offers comprehensive wealth planning, trust administration, and estate services through Pershing and BNY Mellon Wealth, competing across the HNW trust space including in Midwest markets where Fiduciary Partners operates.
• U.S. Bank Private Wealth Management: U.S. Bank's Private Wealth Management group offers personal trust administration, estate settlement, and fiduciary services across the Midwest and nationally, providing direct competition with Fiduciary Partners for bank-trust-disenchanted advisors seeking independent alternatives.
• PNC Wealth Management: PNC Wealth Management provides personal trust and estate administration services, including corporate trustee services through PNC's bank trust division. It serves HNW clients in many of the same Midwest geographies as Fiduciary Partners.
• Northern Trust: Northern Trust is a major wealth management and trust services provider with deep institutional and family wealth capabilities, including personal trust administration and estate services. It serves HNW clients in the Midwest and competes with Fiduciary Partners for regional estate settlement work.

Direct peers

• Wilmington Trust: Wilmington Trust is a wealth management and trust services provider offering personal trust administration, estate settlement, and corporate trust services. It is now part of M&T Bank but operates a trust-specialized business that competes directly with independent firms like Fiduciary Partners.
• Cumberland Trust Company: Cumberland Trust is an independent trust company providing personal trust administration, estate settlement, and agency services, with a model that focuses exclusively on fiduciary services without investment management—closely mirroring Fiduciary Partners' structure.
• Argent Trust Company: Argent Trust is an independent trust company offering personal trust administration, estate settlement, and corporate trust services across the Southeast and Midwest. It directly competes with Fiduciary Partners in the independent, non-bank trust space with similar advisor-friendly positioning.
• National Advisors Trust Company: National Advisors Trust Company is a trust company owned by RIA firms that serves as a fiduciary partner to independent financial advisors. Its advisor-owned, non-custodial model aligns closely with Fiduciary Partners' advisor-friendly approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fiduciary-partners
• Facebookfacebook.com/Fiduciary-Partners-121469617911869

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

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 Fiduciary Partners