About The Company

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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.
     
  • 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.
     
  • Client Base. The Trust Company currently manages over 1000 portfolios totaling over $200 million in client assets.
     
  • Local Ownership and Management. The Trust Company is the only locally-owned and managed investment and trust administration firm in the Manhattan area.
     
  • 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.
     
  • 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.
     
  • 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.