Capital First Trust Company Expands with New Hires and Office in Eagan, Minnesota

Adam Stern (Photo Credit: Capital First Trust Company)

EAGAN, Minn., September 18, 2023 (VSNewsNetwork.com) - Capital First Trust Company, a South Dakota-chartered public trust company that administers nearly $2 billion in assets, has announced its expansion into the Twin Cities with the hiring of two experienced trust professionals. The new trust service office, located at Viking Lakes in Eagan, Minnesota, is part of the company's strategy to extend its fiduciary services and foster a supportive work environment for its team.

Maisee Xong (Photo Credit: Capital First Trust Company)

Adam Stern, who took on the role of Senior Vice President-Trust Officer in January, joins the company with a wealth of experience in the industry. A 1994 graduate of the University of Kansas, Stern holds both Certified Trust and Financial Advisor (CTFA) and Certified Financial Planner (CFP) credentials. Before joining Capital First, he worked with two of the country's largest banks and was instrumental in establishing a successful South Dakota trust company.

Joining Stern is Maisee Xong, the new Director of Personal Trust at Capital First's Minnesota office. Xong previously served as the Director of Operations at First Trust Company and held other roles in trust operations and client service at Abbot Downing. She holds a Bachelor of Science in Business Management from Metropolitan State University.

Chris Foregger, President of Capital First, expressed his enthusiasm about the new hires: "We are extremely pleased to have both Adam and Maisee bring their vast experience and service-first attitude to this office." Foregger further noted that these developments are part of the company’s broader commitment to enhancing services.

Capital First Trust Company, with 45 employees, has been providing trust services for over 23 years. The company focuses on managing and administering revocable and irrevocable trusts, serving as an integral part of a multidisciplinary team of legal, investment, accounting, and financial professionals.

For more information, visit www.capitalfirsttrust.com.

Source: Capital First Trust Company via Newswire