Founded in 1987 as the Special Fiduciary Services part of U.S. Trust


Our business was founded as part of U.S. Trust in 1987 to provide specialized fiduciary and related services to employee benefit plans. Acting as an independent fiduciary for employee benefit plans, we quickly assumed a leading role in our field, particularly for plans holding major blocks of employer stock.

U.S. Trust was purchased by the Charles Schwab Corporation in 2000 and subsequently by Bank of America in 2007. Evercore established Evercore Trust in connection with its acquisition of U.S. Trust's Independent Fiduciary Services business from Bank of America in 2009.

Our commitment to client service remains unchanged. Evercore Trust continues to be a pioneer in shaping standards for independent fiduciary services.