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Financial Services

Why South Dakota?

• South Dakota’s longstanding regulatory climate is beneficial for companies in the financial services industry. Leaders statewide strive to make South Dakota’s rules and regulations business-friendly.

• South Dakota has an existing and growing financial services cluster, and is home to some of the nation’s leading firms, like CitiBank, CapitalOne, and Wells Fargo.
• South Dakota holds 19 percent of the nation’s total bank assets, the most of any state in the US.
• South Dakota’s trust laws are internationally recognized. With the lowest capital requirement in the United States, effective asset protection, no rule against perpetuity and absolute privacy, it is easy to see why so many have already put their trust in South Dakota.
• Our leaders are both accessible and effective. And, our pro-businesses legislature
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