Providence First Trust Company was founded by a group of attorneys from the trustee- related business of their law firm in 1990. The founders had previously been serving as trustee through their law firm for decades. The company is still owned by the same principal founders.
Providence First Trust is a privately-held corporation under Arizona for-profit corporation law and regulated by the Arizona Department of Insurance and Financial Institutions. Providence First Trust is licensed to serve as trustee or agent of trustee for any kind of trust, but specializes in serving as trustee for personal family trusts and Native American per capita trusts.
Providence First Trust has always been, and plans on remaining, a completely independent trust company, and is not owned by, retains no ownership interest in, or is affiliated with any bank, brokerage company, mutual fund, insurance company or other financial institution.
Providence First Trust Company is based in Scottsdale, Arizona but serves on trusts domiciled across the United States.