Security National Bank of So Dak
Security National Bank of South Dakota is a division of Security National Corporation, headquartered in Dakota Dunes, South Dakota. Founded in 1884, the bank operates as a community financial institution offering personal banking, business banking, commercial lending, treasury management, and wealth management services. The wealth management division provides investment management, retirement planning, trust and estate planning services, and South Dakota situs expertise. Security National Bank serves clients throughout the Midwest and is registered with the SEC as an investment adviser. The firm employs an estimated 100-200 staff across branches in South Dakota and Iowa, serving individuals, families, businesses, foundations, and endowments.
Investment Strategy
Security National Bank provides customized investment and wealth management solutions tailored to clients’ individual risk tolerances, goals, and timelines. Their approach emphasizes strategic asset allocation, long-term portfolio management, and regular reassessment. For foundations and endowments, investments are guided by a formal Investment Policy Statement to match liquidity needs, mission goals, risk profiles, and sustainability. The firm serves affluent individuals, businesses, and nonprofits using professional expertise and market knowledge to grow client assets, focusing on both personal and institutional financial management.
Top Holdings
Equity Positions (109)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | APPLE INC | 5.67% | $11.3M | 44,286 | $195.62 | $254.63 | +$2.1M |
M MSFT | MICROSOFT CORP | 5.53% | $11.0M | 21,251 | $344.12 | $517.95 | +$411.6K |
O ORCL | ORACLE CORP | 4.45% | $8.8M | 31,452 | $119.71 | $281.24 | +$1.8M |
B BRK-B | BERKSHIRE HATHAWAY INC DEL CL | 4.06% | $8.1M | 16,083 | $351.37 | $502.74 | +$258.4K |
G GOOGL | ALPHABET INC CL A | 3.81% | $7.6M | 31,213 | $124.21 | $243.10 | +$2.1M |