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Wealth management firm expands into ND with Minot officer

First Community Trust, a Midwest-based wealth management and trust company, has announced its expansion into North Dakota, along with the addition of a seasoned industry professional.

Dean Zaderaka has joined the firm as senior vice president, wealth adviser and trust officer and will be based in Minot.

With more than three decades of experience, Zaderaka brings expertise in trust administration, wealth management and estate settlement. He works closely with clients to preserve and grow assets while supporting efficient wealth transfer strategies. His background includes administration of endowments and foundations, estate probate, estate and succession planning, individual retirement accounts and mineral trusts.

In addition to serving clients, Zaderaka will play a key role in expanding FCT’s presence in North Dakota.

“Expanding into North Dakota with Dean marks an exciting milestone for FCT, and we are thrilled for him to serve individuals and families in this new market,” said FCT’s Chief Executive Officer Adam Claypool in a news release. “His extensive experience and strong ties to the region make him an ideal partner as we continue to grow in new markets and help clients plan their financial futures.”

Zaderaka holds a Bachelor of Science in agricultural economics from North Dakota State University. He also completed the ABA National Trust School and the National Graduate Trust School. He remains involved in the community, serving as a trustee of the North Dakota State University Foundation and as a member of its Investment Committee.

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