John Bultena

President of First Lawyers Trust Company

John has spent his career in the financial services industry and the private practice of law.  He initiated the formation of First Lawyers Trust Company and led the effort to secure its charter, following which he was named its first President.  Prior to his association with First Lawyers Trust, he served as Minnesota Chairman of Northern Trust, and before that, as the President and CEO who opened Northern's first Minnesota office in 2005.  From 2001 through 2004, he was Executive Vice President, then President and CEO of Dorsey & Whitney Trust Company (during which time he also served of counsel to Dorsey & Whitney LLP).  Earlier, he was Senior Vice President and head of personal trust administration for U.S. Bancorp.  From 1976 until 1990, John practiced law with the Twin Cities firm of Briggs and Morgan.

John was one of the organizers of Minnesota Lawyers Mutual Insurance Company, which he served for 25 years as its treasurer and a member of its Board of Directors until stepping down in 2007.  He continues to serve on the boards of three privately owned companies.  He is a member of the Board of Visitors of the University of Minnesota Law School, and previously served on the boards of Children's Hospitals and Clinics of Minnesota, the Saint Paul Chamber Orchestra, Augustana College, and other civic, professional, and charitable organizations.

John holds a B.A. degree from Augustana College, a J.D. degree from the University of Minnesota, and an LL.M. (in Taxation) from New York University.  He is a member of the Minnesota State Bar Association and the Ramsey County Bar Association.

 
 

Adam Stern

Vice President of First Lawyers Trust Company

Adam's focus at First Lawyers Trust is developing strong partner relationships and maintaining sound risk management and operations practices.  Prior to joining First Lawyers Trust, Adam was a Senior Trust Officer and Financial Planner with Wells Fargo's Private Bank from 2003 until 2009.  He began his financial services career in 1999, when he joined U.S. Bank as a Contract Analyst.  Still with U.S. Bank, he transitioned to personal trust administration in 2001.

Adam is a graduate of the University of Kansas with a B.A. in philosophy and holds designations as both a Certified Financial Planner (CFP®) and a Certified Trust and Financial Advisor (CTFA). He is a member of the Twin Cities Trust and Estate Council and the Minnesota Financial Planning Association.  Additionally, Adam serves on the boards of the St. Paul Jewish Community Center and the United Jewish Fund and Council.

 

Noteworthy

NOVEMBER 2011 WEBINAR DATES

November 8, 2011

First Lawyers Trust Company is partnering with Insurance Trust Monitor (ITM), the nation’s largest and most experienced irrevocable life insurance trust (ILIT) administration company. In its role as an ILIT trustee, First Lawyers draws on ITM’s singular and focused ILIT administrative support expertise, which includes annual policy reviews, risk management, policy remediation, and client services. In November First Lawyers is sponsoring Mitigating Fiduciary Liability Associated with Life Insurance Trusts, an interactive webinar presented by ITM. This webinar will be offered two times and is geared specifically toward wills, trusts and estates lawyers. There is no cost associated with attending the webinar.

November 10th from 10:00 a.m. - 11:15 a.m. (CST) November 17th from 10:00 a.m. - 11:15 a.m. (CST)

 

First Lawyers Trust Company Partners With Insurance Trust Monitor

September 2, 2011

First Lawyers Trust Company has entered into a strategic relationship with Insurance Trust Monitor, Inc.

 

2011 Strategic Solutions for Solo and Small Firms Conference

August 11, 2011

The 2011 Strategic Solutions for Solo and Small Firms Conference.

 

MSBA's 2011 Nine Days in June

June 30, 2011

First Lawyers Trust Company congratulates the MSBA for another successful Nine Days in June.

 

Probate and Trust Law Section

June 6, 2011

First Lawyers Trust Company was once again pround to sponsor this year's Trust and Probate Section Conference presented by Minnesota CLE. Held in St. Paul each year, the Probate and Trust Law Section Conference features breakout sessions that cover a wide range of trust and estate topics.

 

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