Top Family Offices in Wyoming 2026

Key Facts

• At least 12 family offices, trust companies, and wealth advisory firms operate in Wyoming. These include chartered trust companies, multi-family offices (MFOs), law firm practices, and digital-asset specialists.
• Sepio Capital manages roughly $6 billion in assets under management (AUM), the largest disclosed figure among Wyoming family offices.
• Jackson Hole is the dominant hub, hosting six or more firms including Willow Street Group, Two Ocean Trust, and Bank of Jackson Hole Trust.
• Wyoming permits dynasty trusts lasting up to 1,000 years and charges no state income tax on trust income. This combination makes the state a globally recognized trust situs.
• Willow Street Group grew from 40 client families in 2019 to over 260 global client families by 2025. This growth reflects strong demand for Wyoming trust structures.
• Families do not need Wyoming residency to use the state's trust laws. Most Wyoming offices serve clients nationally and internationally.

Wyoming's Family Office Landscape

Wyoming ranks among the most compelling jurisdictions for ultra-high-net-worth (UHNW) families seeking trust-based wealth structures. The state levies no income tax on individuals or trusts, permits dynasty trusts with durations up to 1,000 years, and provides robust asset protection statutes paired with enhanced privacy protections. These legal advantages have drawn families from all 50 states and multiple countries to establish Wyoming trust situs.

Jackson Hole serves as the primary concentration point, with firms like Willow Street Group, Two Ocean Trust, Bank of Jackson Hole Trust, and Cerity Partners operating there. Cheyenne anchors a smaller cluster that includes Raymond James and several estate planning attorneys. The market features a distinctive mix of office types: state-chartered trust companies, MFOs, law firms structuring private family trust companies (PFTCs), and emerging digital-asset-focused practices.

Cross-border activity sets Wyoming apart from many domestic competitors. Willow Street Group launched a joint venture with Jersey-based Crestbridge Family Office Services in 2020, now serving over 260 global client families. Two Ocean Trust acts as Wyoming trustee for both domestic and international trusts, including Qualified Domestic Trusts for non-citizen spouses.

Wyoming's PFTC framework lets families form their own trust company with no capital contribution requirement. South Dakota and Nevada do not match this structural flexibility on the same terms.

Family Office Comparison at a Glance

Wyoming's wealth management market includes chartered trust companies, MFOs, law firm advisory practices, bank trust departments, and virtual offices. The table below captures the primary firms serving UHNW families through Wyoming trust structures.

Family Office	Type	AUM Estimate	Investment Focus	Location
Sepio Capital	MFO	~$6B	Impact investing, mission-aligned portfolios	Wyoming
Willow Street Group	Chartered Trust Co. / MFO	—	Custom trust structures, fiduciary services	Jackson Hole
Two Ocean Trust	Chartered Trust Co.	—	Trust, custody, digital assets	Jackson Hole
Bank of Jackson Hole Trust	Bank Trust Dept.	—	Full-service family office, alternatives access	Jackson Hole
Pathstone	MFO	—	Wealth advisory, OCIO, values-aligned investing	National (Willow Street sister co.)
Cerity Partners	Wealth Management	—	Portfolio management, wealth planning	Jackson
Grupp Law Firm / Grupp Financial	Law Firm / Advisory	—	PFTC administration, family oversight	Wyoming
Raymond James (Cheyenne)	Family Office Services	—	Intergenerational wealth, legacy planning	Cheyenne
Holland & Hart	Law Firm	—	Trust company formation, legal counsel	Jackson Hole
First Western Trust	Trust Co. / MFO	—	Multigenerational wealth, private banking	Wyoming
Majors Law Firm	Law Firm	—	PFTC formation, registered agent	Wyoming
Digital Ascension Group	Virtual / Specialized	—	Digital assets, crypto custody	Virtual

Only Sepio Capital has publicly disclosed AUM. Most Wyoming trust companies and advisory firms serve select client groups without publishing asset figures.

Top Picks by Strategy

• Largest Disclosed AUM: Sepio Capital, with roughly $6 billion in capital managed and a mission-aligned investment philosophy that distinguishes it from traditional MFOs.
• Leading Trust Structuring Firm: Willow Street Group, serving 260+ global client families with a team of 45 professionals and three Family Wealth Report Awards for fiduciary services.
• Top Digital Asset Specialist: Two Ocean Trust, the first U.S. financial institution to offer full generational digital asset management under a Wyoming charter.
• Strongest MFO Platform: Pathstone, a partner-owned MFO with 775+ team members and national reach, combined with Willow Street in 2022 as an independent sister company.
• Best for PFTC Formation: Grupp Law Firm, providing integrated legal and financial administration for families that want a PFTC as the structural chassis for their private wealth office.
• Most Complete Bank-Affiliated Office: Bank of Jackson Hole Trust, offering fiduciary services alongside venture capital, private equity, and hedge fund access under one roof.
• Best for Intergenerational Legacy Planning: Raymond James (Cheyenne), combining family oversight structures with banking, insurance, and risk management services.

Top Wyoming Family Offices in Detail

Willow Street Group

Families seeking a pure fiduciary partner for complex Wyoming trust structures will find Willow Street Group among the most established options. The firm administers PFTCs, directed trusts, and dynasty trusts for over 260 global client families, up from just 40 in 2019. Its 45-person team in Jackson Hole includes specialists in wealth transfer planning and trust administration.

Willow Street co-founded the Wyoming Trust Association in 2018 and has won Best Fiduciary or Trust Services Provider at the Family Wealth Report Awards three times in four years. CEO Phil Harrington chairs the Wyoming State Banking Board. The 2020 joint venture with Jersey-based Crestbridge Family Office Services expanded the firm's reach to international clients needing a Wyoming trustee with offshore coordination.

Two Ocean Trust

Two Ocean Trust became the first U.S. financial institution to offer full generational digital asset management under a Wyoming charter. This positions the firm uniquely for families holding Bitcoin, Ethereum, or other digital assets alongside traditional portfolios. Two Ocean serves as directed trustee, discretionary trustee, co-trustee, trust advisor, and trust protector for both domestic and international trusts.

The firm is privately owned and independent of larger financial institutions, which eliminates product-sales conflicts. Families with complex trust structures containing special assets, such as closely held businesses or digital holdings, benefit from its custody and capital deployment solutions under Wyoming's modern trust statutes.

Sepio Capital

Sepio Capital is the largest disclosed wealth manager among Wyoming family offices, with roughly $6 billion in AUM. The firm operates as a multi-family office and institutional advisory practice dedicated to impact investing. Client families partner with Sepio to align portfolios with specific social and environmental outcomes.

The impact tracking and mission-aligned portfolio construction set Sepio apart from traditional advisory firms that treat ESG as an overlay. Families and foundations prioritizing measurable social returns alongside competitive financial performance will find Sepio's model purpose-built for that goal.

Bank of Jackson Hole Trust

Bank of Jackson Hole Trust delivers a full family office platform that pairs fiduciary services with access to alternative investments. These include direct investments in venture capital, private equity, hedge funds, and commercial real estate. The team holds CFP, CTFA, CTOP, and JD credentials.

The bank provides financial education programs for younger family members, addressing a gap that many investment-only firms ignore. Non-resident families can access Wyoming trust law through these trust services without relocating. The integrated approach, combining custom wealth management, risk mitigation, and charitable planning under one fiduciary umbrella, appeals to families that prefer a single coordinated relationship.

Pathstone

Pathstone brings national scale to Wyoming's trust ecosystem as a partner-owned MFO with over 775 team members. The firm combined with Willow Street Group in 2022 as an independent sister company. Pathstone handles investment advisory and wealth planning while Willow Street manages trust administration.

Services span tax planning, estate planning, portfolio management, family governance, and charitable giving. Pathstone also offers values-aligned portfolio construction for families seeking to match allocations with personal or generational priorities. Tech founders and business owners with liquidity events above $50 million get dedicated wealth planning and OCIO capabilities, including co-investment access alongside institutional partners.

Grupp Law Firm / Grupp Financial

Families that want a PFTC as the structural backbone of their private wealth office will find Grupp Law Firm's integrated legal and financial model distinctive. The firm treats the PFTC as a "chassis" around which families assemble a personalized service suite under unified oversight. Grupp Financial LLC, a sibling entity, provides portfolio management and wealth services that connect liquidity goals to strategy.

The emphasis on family education reflects a philosophy centered on "family flourishing" rather than pure asset growth. Families building multigenerational oversight structures, family constitutions, or next-generation education programs benefit from this legal-first approach.

Digital Ascension Group

Crypto-native families and wealthy individuals with material digital asset exposure can access a virtual family office (VFO) model through Digital Ascension Group. The firm specializes in digital asset custody, blockchain-based wealth management, and private consultation tailored to cryptocurrency holders. Operating as a VFO means clients face no geographic constraints, which fits the profile of digitally native wealth holders.

Wyoming's regulatory framework for digital assets, including its special purpose depository institution (SPDI) charter, creates a legal foundation that few other states offer. This positions Digital Ascension to serve families that need institutional-grade crypto custody alongside traditional succession planning.

Raymond James (Cheyenne)

Raymond James provides family office services from Cheyenne that combine intergenerational wealth management with banking, lending, insurance, and risk management under one platform. The firm emphasizes family unity through financial education offerings and structures designed for families managing wealth through multiple generations.

Legacy planning and wealth transfer services address the needs of ranching families, business owners, and retirees in southern Wyoming. The Cheyenne location offers an alternative to the Jackson Hole cluster for families that prefer proximity to the state capital and its regulatory institutions.

Investment Trends Shaping Wyoming's Family Office Market

Digital Asset Custody Under Wyoming's Regulatory Framework

Wyoming pioneered state-level crypto regulation, and its chartered trust companies now legally custody digital assets. Two Ocean Trust was the first U.S. financial institution to offer generational digital asset management under this framework. Digital Ascension Group builds on the same regulatory foundation to provide crypto-focused concierge services.

More UHNW families now hold 5% to 15% of portfolios in digital assets. Wyoming's head start in regulated custody attracts clients who need fiduciary-grade storage that most single family office setups outside the state cannot replicate.

Dynasty Trusts and Perpetual Wealth Structures

Wyoming's 1,000-year dynasty trust provisions, combined with zero state income tax on trust income, create a powerful vehicle for multigenerational wealth transfer. Willow Street Group and Two Ocean Trust both specialize in administering these long-duration structures. The absence of a capital contribution requirement for PFTCs lowers the barrier for families to establish their own trust company.

This trio of advantages (perpetuity, tax efficiency, and PFTC access) has made Wyoming competitive with South Dakota and Nevada as a trust situs. Willow Street's growth from 40 to 260+ client families in six years reflects how families are acting on these structural benefits.

Impact Investing and Values-Aligned Portfolios

Sepio Capital's $6 billion in mission-aligned managed assets signals strong demand for impact investing among Wyoming family office clients. Pathstone offers values-aligned portfolio construction as part of its MFO platform. Next-generation wealth holders, especially those inheriting from families with charitable legacies, increasingly require strategies that produce measurable social outcomes alongside financial returns.

In practice, Wyoming offices now build dedicated impact tracking and ESG integration into their core offerings rather than treating these as bolt-on features. Sepio's model, which measures social returns with the same rigor as financial performance, exemplifies this shift.

Cross-Border Trust Structuring

Willow Street Group's 2020 joint venture with Jersey-based Crestbridge expanded Wyoming's reach to global client families. Two Ocean Trust serves as Wyoming trustee for international trusts, including Qualified Domestic Trusts for non-citizen spouses. These cross-border capabilities differentiate Wyoming from states like Alaska or Delaware, where trust companies rarely maintain formal international partnerships.

Families with assets or beneficiaries in multiple jurisdictions benefit from Wyoming's combination of favorable domestic statutes and active international service networks.

How to Evaluate a Wyoming Family Office

Start with charter status. Wyoming-chartered trust companies like Willow Street Group and Two Ocean Trust operate under Wyoming State Banking Board oversight. This imposes fiduciary standards and regulatory examinations. Advisory firms and law practices operate under different regulatory regimes, so the entity type you engage determines the level of built-in consumer protection.

Fiduciary independence is the next filter. Pure fiduciaries like Willow Street sell no affiliated financial products, which removes conflicts of interest. Bank-affiliated trust departments such as Bank of Jackson Hole Trust may offer broader services. In that case, confirm that recommendations stay independent of proprietary products. Ask whether the firm earns revenue from any vehicles it recommends.

Wyoming-specific trust law expertise is essential for this market. Evaluate each firm's depth in dynasty trusts, directed trusts, decanting provisions, and PFTC formation. A wealth manager licensed in Wyoming but trained elsewhere may lack the specialized knowledge these structures require. For instance, Grupp Law Firm structures PFTCs as the central "chassis" of a family office, a skill set that general wealth advisors rarely possess. Credentials to look for include CTFA, CTOP, CFP, and JD with Wyoming trust law experience.

Consider residency requirements last, because Wyoming imposes none. Willow Street's 260+ client families span the globe. Two Ocean Trust serves non-citizen spouses through Qualified Domestic Trusts. The key question is whether the firm has systems for remote client service, consolidated reporting, and coordination with your existing advisors in other jurisdictions.

Which Family Office Fits Your Needs?

UHNW families building perpetual wealth structures should focus on Willow Street Group for PFTC formation and dynasty trust administration, or Two Ocean Trust for combined trust, custody, and capital deployment services. Both firms hold state charters and operate under the highest fiduciary standard available in Wyoming. Families with $100 million or more in assets may find that a PFTC, administered through Grupp Law Firm, provides cost savings over an unaffiliated corporate trustee while keeping the family in control.

Business owners and entrepreneurs planning a succession or liquidity event benefit from Pathstone's national MFO platform, which pairs portfolio management with tax and estate planning at scale. Values-driven families and foundations seeking to align portfolios with social impact should evaluate Sepio Capital's $6 billion mission-aligned approach. Next-generation wealth holders inheriting digital assets, or tech founders with crypto exposure, will find Two Ocean Trust and Digital Ascension Group offer Wyoming-regulated custody that most traditional firms cannot match.

Non-resident families wanting Wyoming trust situs without relocating have several options. Willow Street serves over 260 global families remotely. Bank of Jackson Hole Trust explicitly markets Wyoming trust law access to out-of-state clients. Raymond James in Cheyenne provides a full-service alternative for families that prefer a national platform with local Wyoming presence for banking, lending, and insurance alongside wealth management.

Methodology

This guide to family offices in Wyoming draws on publicly available firm websites, regulatory filings, industry awards databases, and professional association records. Office profiles reflect data verified as of early 2026. AUM figures appear only where firms have disclosed them publicly; Sepio Capital's roughly $6 billion figure is the sole confirmed disclosure. Client counts, team sizes, and service offerings come from firm-published materials. The market was evaluated by examining chartered trust companies, MFOs, law firm advisory practices, bank trust departments, and virtual offices operating in or through the state. Offices earned inclusion based on verifiable Wyoming operations and relevance to UHNW families seeking trust-based wealth structures.