Jackson Hole Bank & Wealth Management Firm
Founded in 2002, First Western Trust opened its Jackson Hole bank and trust office in 2012.
Our office serves the western-based wealth management client in the tax-favorable state of Wyoming. Aside from its natural beauty and the incredible array of outdoor activities Wyoming is known for, it has also earned a well-deserved reputation as an excellent location to form a new trust or migrate existing trusts. With no state income tax, no estate or gift tax, and low property taxes combined with its fiscally sound state government, Wyoming ranks as a superior choice for our clients’ wealth planning, trusts & estate, and private banking needs.
Led by Chairman Kay Jones, our team of six financial experts in Jackson Hole includes two Certified Financial Planners, one JD and one Certified Trust and Financial Advisor. Our vast resources both locally and firm-wide offer institutional quality investment management along with integrated wealth planning, trust and fiduciary services, private banking, and lending to high-net-worth families, individuals, and businesses, delivered through a local team that understands the needs of our community.
A Different Sort of Bank in Jackson Hole
Many banks in Jackson Hole attempt to provide wealth management in addition to their lending and depository services. However, most Jackson Hole banks were not built on an investment and wealth management platform. They, instead, started as a bank and then added on these wealth management services. Because they have not always operated with a fiduciary mindset, it can be difficult for them to provide high-touch, customized client service and commit themselves to always putting their client’s interests above their own.
Unlike other banks in Jackson Hole, First Western Trust was created with a fiduciary and wealth management model in mind. This distinction means that we operate differently from other banks in the region. Our fiduciary approach guides everything that we do – not just our investment management services. When you partner with us, you can expect to receive unbiased advice across all of our service lines that helps you reach your specific goals. When we recommend products or services, we only do so when we truly believe they will help you achieve your financial goals, not our own. We look forward to showing you the difference that comes from partnering with a fiduciary for your banking, lending, investment, and wealth management needs.
First Western Trust Bank
690 South Highway 89
Jackson Hole, WY 83001
PO Box 7424
Jackson Hole, WY 83002
Hours: 8:00a – 4p
Equal Housing Lender
NMLS ID 477166
Our Local Leadership
Jim Gersack, CFP®
As President of the Jackson Hole office, Jim is involved in all aspects of client relationships, wealth and investment management, business development, and the day-to-day operations of the office.
Our Local Team
Mike oversees business strategies to help create unique and valuable solutions for our Jackson Hole bank and wealth management clients; he also fosters and grows relationships with the greater Jackson Hole community.
Loren J. Richards
Loren is responsible for the day-to-day management of our Laramie trust office while also assisting the Jackson Hole office. He is dedicated to addressing client and beneficiary needs and concerns.