FOX Webcast: The Private Family Trust Company and Powerful Alternatives - November 10, 2021


Wednesday, Nov 10, 2021 - 10:00am to 11:00am CST


Please join us on Wednesday, November 10, from 10:00 am to 11:00 am CT,  for a live interactive webcast with FOX members and subject matter experts.

40% of families now gift their assets through trusts compared to 12.5% in 1995. Directed trusts, special purpose entities, trust protector companies, and regulated and unregulated private trust companies have all played integral roles in the growing popularity of trusts. This session will focus on the important reasons families are choosing these popular trust administration options and will provide a comparison of each option, including the advantages and disadvantages of each.

Attendees will be able to:

• Describe the various trust administration options

• Explain the pros and cons of different trust administration options


Please click on the Register button below to sign up for this webcast.

You may contact the Events Team with any questions at


Field of Study: Specialized Knowledge - Up to 1 CPE credit can be earned by attending this event. CPE credits are accepted at the option of state certifying boards. Requirements, compliance procedures and acceptance may vary by state.

Program Level: Overview | No prerequisites are required for this session. | Delivery Method: Group Internet Based

Family Office Exchange is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

REFUND POLICY: For this event, there is no fee. To cancel, you may contact the Events Team at For more information regarding administrative policies please contact FOX office at: 312.327.1200.

  • Agenda
  • Speaker(s)

10:00 am CT

Webcast Begins


Presentation: The Private Family Trust Company and Powerful Alternatives

11:00 am CT

Webcast Adjourns




Al King III
Co-Founder, Co-Chairman and Co-Chief Executive Officer, South Dakota Trust Company LLC

Al W. King III is the Co-Founder, Co-Chairman and Co-Chief Executive Officer of South Dakota Trust Company LLC (SDTC) and SDTC Related Companies with offices in South Dakota, New York, Wyoming, Nevada and Westport, CT. SDTC is a national trust boutique serving wealthy families in 54 countries around the world. SDTC currently has more than $100 billion in assets under administration. Previously, Mr. King was Managing Director and National Director of Estate Planning for Citigroup and also the Co-Founder and Vice Chairman of Citicorp Trust South Dakota. Mr. King is the Co-Vice Chairman of the Editorial Board for Trusts & Estates magazine. He has been inducted into the National Association of Estate Planning Council’s (NAEPC) Hall of Fame and is a member of the NAEPC webinar and publication committees. He is also a member of many other groups/ organizations. Mr. King received his J.D. degree from Syracuse University Law School; his LL.M. in tax law from Boston University School of Law; and his B.A. degree from Holy Cross College.

Jim Paladino, J.D., LL.M
President, Executive Managing Director, South Dakota Trust Company LLC

Jim Paladino is the President & Executive Managing Director of South Dakota Planning Company in New York City. South Dakota Planning Company (SDPC) is an estate planning and trust advisory firm for the wealthy, and a sister company of South Dakota Trust Company LLC. SDPC is responsible for sales, marketing and technical support, as well as, speeches, publications, trust planning and consulting to support South Dakota Trust Company (SDTC). SDTC, an independent trust company headquartered in Sioux Falls, SD, is a national trust boutique specializing in providing trust administration for for high net worth individuals. Mr. Paladino also chairs SDTC Related Companies Executive Management Committee.

Prior to joining South Dakota Planning Company, Jim Paladino was the Northeast Planning Director for Smith Barney, and Vice President, Trust and Estate Counselor at Citigroup working with Private Bankers and Financial Advisors in the Northeast. Mr. Paladino provided technical estate and charitable planning assistance to clients and their advisors.

Prior to joining Citigroup, Mr. Paladino served as an Associate in the Trust and Estates Department of Wilson, Elser, Moskowitz, Edelman & Dicker, where he was responsible for estate and financial planning for high net worth individuals, and estate administration.

Mr. Paladino earned his Bachelor of Science in Business Administration from the State University of New York at Albany, his Juris Doctorate from St. John’s University School of Law, and his LL.M. in Taxation from New York University. Mr. Paladino is admitted to the State Bar of New York and New Jersey and is a member of the New York State Bar Association and the Society of Trust and Estate Practitioners (STEP). In addition, Mr. Paladino previously served as Corporate Counsel Liaison Officer to the Individual Tax & Private Client Committee of the International Bar Association (IBA).

Matthew Tobin
COO, Managing Director & Legal Counsel at South Dakota Trust Company LLC

Matthew Tobin is Chief Operating Officer and General Legal Counsel for South Dakota Trust Company LLC (SDTC) in Sioux Falls, South Dakota. His primary responsibilities include business management, legal, risk management, human
resources, and public relations/legislation.

Mr. Tobin also serves as President of SDTC Services LLC, which is also located in Sioux Falls, South Dakota. SDTC Services LLC provides consulting services to the non-depository trust company industry. As President, he is primarily responsible for managing the Company’s Private and Public Trust Company client relationships. Mr. Tobin serves as a board of director and committee member for several private and public trust companies, and has experience and specialized knowledge in the areas of trust company management, organization, compliance, and fiduciary standards.

Mr. Tobin serves as a member of Board of Managers for SDTC, Director of the SDTC Foundation, Treasurer of the SDTC Companies PAC, and he is a Board of Director member for the South Dakota Trust Association.

Prior to working in the trust industry, Mr. Tobin was in private law practice where he focused on general and business litigation. He also received considerable experience in negotiations, mediation, and alternate dispute resolution. Mr. Tobin also served as a law clerk to The Honorable Roger Wollman, U.S. Court of Appeals, Eighth Circuit. 


FOX Presenter

Scott Winget
Enterprise Market Leader

Scott Winget is the Enterprise Market Leader at Family Office Exchange (FOX). In his role, Scott serves as Co-Chair for Enterprise Councils and Executive Councils, where members can share experiences, ideas, and best practices with veteran peers in a confidential environment. Scott also serves as relationship manager for Enterprise Family members, in order to understand their unique needs and provide them with access to important research and objective guidance. He is as a member of the FOX leadership team, helping to develop and execute service strategies designed to meet the needs of his market segment, and also participates in new research and thought leadership meaningful to members.

Serving families for over 25 years in the areas or family office, wealth management and estate and tax planning, Scott brings significant experience to FOX and its members. Prior to joining FOX, Scott created and led multi-disciplinary and award-winning consulting groups that provided comprehensive family office services at both Cresset and Ascent Private Capital Management. Earlier, he was a senior wealth planner at Wells Fargo Family Wealth (later, Abbot Downing) and began his career as an income tax and estate planning specialist with Arthur Andersen and EY. Scott has participated in the FOX community for over 15 years.

Scott is a CPA and holds a J.D. from The Ohio State University, where he also earned a B.S. in Business Administration with a dual major in Accounting and Finance. He is a member of the Rocky Mountain Estate Planning Council, Colorado Society of CPAs and the Colorado Bar Association. He has also held several securities and insurance licenses and served on the board of the Mountain Area Land Trust as Treasurer and head of the Finance Committee among other roles with non-profits.