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About The Company
About
The Company | Who We
Are | How To
Find Us
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Formation of The Trust Company. The
Trust Company of Manhattan was incorporated in 1992. The Company was
formed in response to the need for a local, professional capital
management service. Mark Knackendoffel, along with 15 other local
investors, established The Trust Company of Manhattan as an independent,
state-chartered trust company (one of four in Kansas--the others being
located in Kansas City, Topeka and Wichita). The company then purchased
the investment management and trust services business of FirstBank of
Manhattan, which had $24 million of assets under management.
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Basic Scope of Services. The firm
provides professional investment management, estate and retirement
planning, administration of employee benefit plans and trust
administration services to individuals, families and businesses.
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Client Base. The Trust Company
currently manages over 1000 portfolios totaling over $200 million
in client assets.
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Local Ownership and Management. The
Trust Company is the only locally-owned and managed investment
and trust administration firm in the Manhattan area.
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Independence. The Trust Company
covets its position as an independent enterprise. This independence
allows management the flexibility to develop services uniquely-suited to
its clients' needs. It also enables The Trust Company to align its
interests with those of its most important resource -- The Trust
Company's clients.
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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 fiduciary operations audit by a local C.P.A.
firm. Finally, management of the company is supervised by its 7-member
Board of Directors, all of whom have extensive experience in business,
investments and finance.
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Insurance Protection for Clients.
Each client's account is protected by a $6,000,000 Blanket Surety Bond
and a $2,000,000 Trust Errors and Omissions Insurance Policy. But, such
policies do not insure the market value of the underlying portfolio of
investments.
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