About Us

First State Trust (FST), with locations in Wilmington, Delaware and West Palm Beach, Florida, has been providing trust, custody, reporting and administrative services for more than 40 years.
Formerly known as Citi Institutional Trust Company, our core business model is building strategic partnerships with Financial Advisors across the country, where we provide five star service supported by industry leading software – so that the advisor can concentrate on providing investment advice. Our solution is a partnership between the client, the client’s financial advisors, and our trust administration services team. It’s that simple.

FST works with the following types of institutional clients:

  • Defined Benefit Plans and other Qualified Retirement Plans
  • Taft-Hartley, Municipalities & Public Funds
  • Non-Profits, Endowments & Foundations
  • NQDC Plans/Rabbi Trusts
  • Escrow Transactions
  • Qualified Settlement Funds

FST works with the following types of personal trust clients:

  • Irrevocable and Revocable Trusts
  • Delaware Directed Trusts
  • Asset Protection Trusts
  • Personal Foundations
  • Charitable Trusts
  • Family Offices

First State Trust, as a fiduciary trust company, is regulated by the State of Delaware Banking Commissioner.  As a privately owned and independent trust company, we are only interested in serving the best interests of our clients and their beneficiaries.  Click here for information about Asset Safety and Security at FST.


FST is an affiliate of Fi-Tek Group, a premier provider of services and solutions to trust banks, RIAs, and hedge funds. FST provides trust accounting services through Fi-Tek’s industry leading proprietary platform, Global WealthES. 

FST is an affiliate of Nevada First Trust Company, a provider of trust administration services for individuals and institutions.

Contact Us

Our experienced professionals are available to respond to your questions:

General or Account Inquiries: 302-573-5816
Sales Inquiries: 302-573-5973