North America Business Elite Awards 2021

North America Business Awards 2021 | 7 Making waves in the 700-year-old trustee industry, Wealth Advisors Trust Company has proven that not abiding by the status quo can lead to a mountain of success. Indeed, the trust company offers a refreshing take on what had become a slow and often intimidating industry. Wealth Advisors Trust Company approaches their work with a can- do attitude, and their optimism radiates throughout their innovative trustee services. orn in 2009, Wealth Advisors Trust Company o ffers trust administration to U.S. citizens under South Dakota trust law. Initially, it had the goal to be a trust company created for wealth advisors; however, as the firm grew, so did its aspirations to disrupt an industry. Indeed, it aims to challenge the status quo and change the trustee industry for the better. South Dakota’s legislature annually reviews its trust statutes, allowing for more improvement and oversight of trust legislation compared to other states. Consistently ahead of other states, it was in 1983 that South Dakota permitted trusts to exist in perpetuity, and it was the first state to implement a discretionary trust statute for asset protection. Benefiting from the lenient South Dakota trust laws, Wealth Advisors Trust Company uses the freedom to its advantage, providing an open, flexible service. Wealth Advisors Trust Company makes the process as simple as possible by providing an array of services leveraging digital tools with creative and adaptive employees. It vows to approach each project with innovative ideas, anticipating the wants and needs of beneficiaries and advisors. Additionally, the company believes that its clients should have the power to choose their financial solutions. Aware that collaboration and effective communication is the key to success, it understands that there will be times in which its clients need guidance or have questions. Ultimately, it hopes to provide a service that clients can trust. Wealth Advisors Trust Company’s internal culture is backed by why the company exists - it wants to change the face of the trustee industry. Every action they undertake is challenged by the simple ideology that the team needs to understand why they are doing tasks in a certain way. Expecting its team to consider the question constantly, it hopes to promote idea generation and creativity, transgressing the current limits of the industry. Unlike many businesses, Covid-19 had no impact on the company as its workflow and customer experience have relied on cloud- based solutions since 2015. Having a pre-existing relationship with technology has benefitted the company and has made adapting to primarily technology-based work easier. However, as Blockchain becomes a prominent force, Wealth Advisors Trust Company cites it as a potential challenge. With this in mind, they have mapped out a blueprint for its transition from SaaS solutions to its workflow leveraging the power and freedoms of blockchain technology. Moving forward, Wealth Advisors Trust Company aims to continue the same path it’s currently walking – remaining an innovative and collaborative company that prioritizes client freedom. In addition, it hopes to take on more staff, and it vows never to stop challenging the status quo as it breaks down barriers within the industry. Contact: [email protected] Company: Wealth Advisors Trust Company Web Address: https://www.wealthadvisorstrust.com/ Nov21507 Most Pioneering Trust Administration Company - USA B Wealth Advisors Trust Company makes the process as simple as possible by providing an array of services leveraging digital tools with creative and adaptive employees. It vows to approach each project with innovative ideas, anticipating the wants and needs of beneficiaries and advisors. Wealth Advisors Trust Company’s internal culture is backed by why the company exists - it wants to change the face of the trustee industry. Every action they undertake is challenged by the simple ideology that the team needs to understand why they are doing tasks in a certain way. Co-founders of Wealth Advisors Trust Company