Pierce
H. McDowell III
Pierce H. McDowell
III is currently the
Co-Founder,
Co-Chairman and
Co-Chief Executive
Officer of South
Dakota Trust Company,
LLC and South Dakota
Planning Company, LLC.
The former is a
national trust
boutique and financial
advisory company for
the wealthy based out
of Sioux Falls, South
Dakota and the latter
an estate planning
consulting firm based
out of New York City.
Mr.
McDowell was formerly
the Co-Founder and
President/Chief Trust
Officer of Citicorp
Trust South Dakota.
Mr. McDowell serviced
the trust and estate
needs of both domestic
and international
clients with the creation
and movement of trusts
to South Dakota due
to the state's attractive
trust and tax legislation.
Prior
to joining Citibank,
Mr. McDowell practiced
law with Woods, Fuller,
Shultz and Smith of
Sioux Falls and prior
to that, was a Vice
President, Trust Administrator
and Business Development
Manager for both Norwest
and First Bank.
Mr. McDowell has been
quoted by Forbes and
other publications
and has been published
on the advantages
of South Dakota trust
law (Please see Publications
and Speeches). Mr.
McDowell received
Citibank's outstanding
sales award for both
1996 and 1998. In
1997, he received
Trusts & Estates
magazine's EPIC Award
for his articles on
South Dakota Trust
planning.
Mr. McDowell serves
on the Board of the
South Dakota Planned
Giving Council. He
is a member of the
Philanthropy Committee
of the South Dakota
State Bar Association
and a member of the
South Dakota Bankers
Association's Trust
Committee. Mr. McDowell
is also a member of
the South Dakota Bar
Association's Real
Property, Probate
& Trust Law section
and serves on its
Probate and Trust
Committee and Legislative
Committee. Additionally,
Mr. McDowell is a
member of the University
of South Dakota Foundation
Board of Trustees,
as well as a former
member of the Advisory
Board for Trusts & Estates
magazine.
Mr.
McDowell received
a Bachelor of Science
from Arizona State
University and a Juris
Doctor from the University
of South Dakota.
Mr. McDowell
can be reached at
piercemcdowell@sdtrustco.com
or 605-338 9170.