| Our People
| Our Mission Statement
Founding of The Trust Company
The Trust Company was founded on October 1, 1992. A small group of local investors formed The Trust Company as an independent, state-chartered trust company in response to the local demand for professional capital management and fiduciary services. The company opened its doors with $25 million in assets under management.
Broad Scope of Staff & Services
The firm has grown significantly since its formation. Its staff of 21 employees now provides professional investment management; estate, retirement and financial planning; employee benefit plan administration and trust and fiduciary services for individuals, families, businesses and charitable organizations. The professional staff includes licensed attorneys, certified financial planners, certified trust and financial advisors, a certified public accountant and a member of the CFA Institute.
The Trust Company currently manages portfolios for approximately 600 clients with over $500 million in assets under management.
Local Ownership & 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 United States.
The Trust Company covets its position as an independent enterprise and fee-only advisor. This independence allows management to provide objective advice and flexible services uniquely suited to its clients' needs. It also enables The Trust Company to align their interests with those of their most important resource – the clients
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 or assets.
Regulation & 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 CPA firm. Finally, management of the company is supervised by its seven-member Board of Directors, who collectively have extensive experience in business, banking, insurance, investments and finance.