trust company
noun
: an incorporated trustee
broadly
: a corporation that functions as a corporate and personal trustee and usually also engages in the normal activities of a commercial bank
Examples of trust company in a Sentence
Recent Examples on the Web
From Goldman Sachs and Morgan Stanley to UBS, J.P. Morgan Private Bank, Citi Private Bank, and myriad trust companies and multifamily offices, traditional wealth-management firms are poaching family office specialists and launching new family office teams to better target the growth.
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Robert Frank, CNBC, 5 Sep. 2024
Trust services are provided by UBS Trust Company, N.A. or another licensed trust company.
—Ira Walker, Forbes.com, 10 Apr. 2025
Only 23% trust companies to use AI responsibly, and concerns about trustworthiness and interaction quality loom large, especially in North America.
—Blake Morgan, Forbes, 21 Mar. 2025
Notable product launches over the past year include a New York state regulated limited-purpose trust company designed to offer bank-grade custody to clients and an artificial intelligence tool that helps clients be more responsive to market events with their trading activity.
—Nina Bambysheva, Forbes, 18 Feb. 2025
See All Example Sentences for trust company
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Robert Frank, CNBC, 5 Sep. 2024
Trust services are provided by UBS Trust Company, N.A. or another licensed trust company.
—Ira Walker, Forbes.com, 10 Apr. 2025
Only 23% trust companies to use AI responsibly, and concerns about trustworthiness and interaction quality loom large, especially in North America.
—Blake Morgan, Forbes, 21 Mar. 2025
Notable product launches over the past year include a New York state regulated limited-purpose trust company designed to offer bank-grade custody to clients and an artificial intelligence tool that helps clients be more responsive to market events with their trading activity.
—Nina Bambysheva, Forbes, 18 Feb. 2025
See All Example Sentences for trust company
Cite this Entry
“Trust company.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/trust%20company. Accessed 21 May. 2025.
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