Northwest Trustee completes acquisition of Capstone Trust
We are excited to welcome Capstone Trust to the Northwest Trustee & Management Services’ family! With the addition of Capstone and its fantastic trust team, we expand our physical presence to the Puget Sound.
Capstone Trust, a state-chartered trust company based in Olympia, Washington, ceases their operations on February 1, 2022. Clients will transition seamlessly to Northwest Trustee per the approval of our joint regulators. Capstone serves clients in the Puget Sound and throughout the West Coast. The Capstone team, including Steven Elliott, Gordon Shewfelt, Angela Dirk and Barbara Baxter, is now part of Northwest Trustee, where we remain committed to offering personalized service, and advocating for beneficiaries and families with compassion and professionalism.
Steven Elliott, President of Capstone Trust, said, “Ultimately, Capstone is in the stewardship business, caring for that which is not ours as if it were our own. We were privileged to care for our clients and their respective assets and we are thrilled to partner with Northwest Trustee, who places the same importance on caring for people through the work of being a professional fiduciary.”
Steven built a great business and is well respected in Olympia. We share the same mission, vision, and values, which are the bedrock for any successful transaction. We are excited to start serving their clients and continue our expansion, which started over 30 years ago.
As always, we are happy to meet and discuss how we may be of service. Along with our offices in Boise and Spokane, we are now available in the Puget Sound, located at 2116 Caton Way SW, Suite 101, Olympia, Washington.
We look forward to a great future and welcome any new faces, professionals and interest in Northwest Trustee.
Greg Bowman, Chief Executive Officer
Northwest Trustee & Management Services, LLC