A Trust Company is a financial institution that acts as a fiduciary, managing assets on behalf of individuals or organizations. These companies provide services such as estate planning, investment management, and the administration of trusts. They ensure that the assets are handled according to the wishes of the trust creator, often referred to as the grantor. Trust companies are regulated by state or federal laws, depending on their jurisdiction. They play a crucial role in wealth management, helping clients navigate complex financial situations. By offering professional oversight, trust companies aim to protect and grow the assets entrusted to them, ensuring long-term financial security for beneficiaries.