Whittier Trust Company


Whittier Trust Company is an American independent wealth management and investment firm. A multi-family office, it stems from the family office founded by the children of Max Whittier. Whittier co-founded and developed Beverly Hills in the early 1900s, and co-founded Belridge Oil in 1911.

History

The Whittier family office was one of the first family offices in the United States. It was established in 1935 by Leland, Don, Helen, and Paul Whittier to manage their assets and later their philanthropic efforts. A significant percentage of the Whittier family's fortune was on paper until 1979, when Belridge Oil was sold to Shell Oil for $3.6 billion. It was the largest corporate acquisition in history at the time.
In 1989, Whittier Trust Company was created as a California state-chartered trust company, and began to offer investment, wealth management, fiduciary, family office and philanthropic services to other families. In 1994, an affiliate company, The Whittier Trust Company of Nevada, Inc. was formed in Reno, Nevada to take advantage of the state's favorable tax and trust laws. As of 2017, Whittier Trust managed assets of more than $11 bn. for more than 30 foundations and 340 ultra high-net-worth families.
Whittier Trust has offices in South Pasadena, Costa Mesa, and San Francisco, California; Reno, Nevada, Seattle, Washington and Portland Oregon. To reflect the Whittier family history, it maintains a focus on philanthropy, and remains actively involved in oil, gas, and real estate investments.
In March 2020, Whittier Trust announced the hiring of Tagore Evans as Vice President, Client Advisor at the firm's Reno location.