About The Company

 About The Company | Who We Are | How To Find Us

  • Founding of The Trust Company. The Trust Company of Manhattan was incorporated October 1, 1992. The Trust Company was formed in response to the need for a local, professional capital management service. Mark Knackendoffel, our CEO, along with 15 other local investors, founded The Trust Company of Manhattan as an independent, state-chartered trust company (one of four in Kansas at the time--the others being located in Kansas City, Topeka and Wichita). The company opened its doors with $25 million in assets under management.
     
  • Broad Scope of Staff and Services. The firm has grown significantly since its formation. Its staff of sixteen (16) employees now provides professional investment management, estate, retirement & financial planning, employee benefit plan administration, and trust and fiduciary services for individuals, families and businesses. The professional staff includes three licensed attorneys, two Certified Financial Planners, and a Certified Trust & Financial Advisor.
     
  • Client Base. The Trust Company currently manages portfolios for approximately 400 clients with more than $300 million in assets under management.
     
  • Local Ownership and Management. The Trust Company is the only locally-owned and managed investment and trust administration firm in the Manhattan area. However, more than half of its clients have been referred to The Trust Company from elsewhere in Kansas and throughout the U.S.
     
  • Independence. The Trust Company covets its position as an independent enterprise. This independence allows management to provide objective advice and flexible services uniquely-suited to its clients' needs. It also enables us to align our interests with those of our most important resource - our Clients.
     
  • Asset Security. The Trust Company uses an independent third party custodian as a depository for all client assets, which maximizes the security of portfolio accounts, transactions and investments.
     
  • Insurance Protection for Client Assets. Client assets are protected by a $10 million Blanket Surety Bond for each occurrence resulting in a claim and a $4 million Trust Errors and Omissions Insurance Policy. Note: Such policies do not insure or guarantee the market value of clients? underlying portfolios of investments.
     
  • Regulation and Supervision. The Office of the Kansas State Bank Commissioner annually examines The Trust Company to ensure that it operates in accordance with Kansas law and sound fiduciary principles. The Trust Company also annually undergoes both a corporate audit and a fiduciary operations audit by a local C.P.A. firm. Finally, management of the company is supervised by its seven-member Board of Directors, all of whom have extensive experience in business, investments and finance.