Leadership Team
At Trust, we excel as a collaborative team. Below is our senior team leading our business and growth strategies.
Frank Maiorano
President and Chief Executive Officer
Frank Maiorano was named president and chief executive officer of Trust Company of America in January 2010. As one of the pioneers of the Registered Investment Advisor services industry, Mr. Maiorano has more than 20 years of leadership experience in advancing services for RIAs.
Previously, Mr. Maiorano founded and built the RIA and Institutional Consulting Services Group at Nuveen Investments, serving as the group’s managing director. Prior to Nuveen, Mr. Maiorano spent 12 years with Charles Schwab, where he held a variety of positions including divisional vice president at Schwab Institutional. At Schwab, he was one of the early entrepreneurial employees in the RIA support services, custody, and technology division. Mr. Maiorano began his career in financial services as an investment advisor for Legg Mason.
Mr. Maiorano received a bachelor’s degree in business from East Carolina University. He is the founder of Habitat for Humanity’s “Financial Matters” Annual Build, which brings the financial services industry together to build one house each year for a qualified but less fortunate family.
Theresa Bain
Executive Vice President, Product Integration
Theresa Bain joined Trust Company of America in January 2002 and currently serves as executive vice president of product integration.
With more than 31 years of experience in financial services, Ms. Bain is responsible for managing Trust’s large, complex projects to ensure the timely delivery of new products and services. Before accepting her strategic role, she led operations for Trust’s institutional advisor services, asset custody services, transfer agent, and secure information processing businesses.
In addition to her role at Trust, Ms. Bain also serves as president of TCAdvisors Network, an affiliated company. TCAdvisors Network is a member FINRA/SIPC, is Trust Company’s broker/dealer of record, and operates the American Partnership Board – an online auction for direct participation programs.
Prior to joining Trust, Ms. Bain held a variety of executive positions at Fiserv Correspondent Services, Kober Financial Corporation, J.W. Gant and Associates, and SECO securities.
Ms. Bain holds the FINRA Series 7, 27, and 24 licenses.
Mary Coskey
Vice President, Human Resources
Mary Coskey joined Trust Company of America in November 2005 and currently serves as vice president of human resources.
With more than 26 years of experience in financial services, human resources, and employee development, Ms. Coskey is responsible for managing Trust Company’s employee relations, performance management, employee development, compensation design, and staffing functions.
Prior to joining Trust, Ms. Coskey was senior vice president of Human Resources and Employee Development at Fiserv Investment Support Services (ISS). In this capacity, she provided staffing, compensation and benefits administration, employee relations, facilities, and employee development support to nearly 1,000 employees.
Ms. Coskey also served in a variety of executive positions, including senior vice president of Premier IRA Services for First Trust Corporation where she managed approximately 175 employees responsible for providing services for nearly 113,000 self-directed IRAs to brokers, financial planners, and their clients.
Ms. Coskey received her bachelor of science degree in education from the State University of New York and holds certifications as a Senior Professional in Human Resources from the Human Resource Certification Institute and as a Certified Compensation Professional from World at Work.
Greg Jones
Chief Compliance Officer
Greg Jones joined Trust Company of America in 2005 and currently serves as chief compliance officer.
Mr. Jones has over 13 years experience in the financial services industry. His areas of expertise include regulatory analysis, risk management, and compliance procedure design. He has a strong background designing the procedures and tools needed to meet evolving business and regulatory requirements.
Before joining Trust, he served as chief compliance officer at HybridTrading, LLC. Prior to this, he held a number of positions during his 10 years of service at Charles Schwab. His responsibilities have included anti-money laundering, overseeing regulatory audits, communication with the public, and the design, implementation, and testing of adherence to regulatory procedures.
Mr. Jones earned a master’s degree in mineral economics from the Colorado School of Mines, and a Bachelor of Science degree in economics from Arizona State University. He holds the FINRA Series 7, 63, 9, 10, 24, 27 and 53 licenses.
Al Leary
Vice President of Sales
Al Leary joined Trust Company of America in May 2008 and currently serves as vice president of sales for the Institutional Advisor Services division.
With over 21 years of progressive experience as a sales and business development executive, Mr. Leary has an impressive background in value-add selling of technology products and systems, as well as P&L management, marketing, operations, and client services experience.
Prior to Trust, Mr. Leary held the position of senior vice president of sales and operations at TransUnion Settlement Solutions, Inc. In that role, he provided strategic growth direction for the $50 million business unit including the creation of new business and revenue streams, operational synergies, and the execution of a new sales paradigm based on a disciplined consultative sales methodology. Prior to TUSSI, Mr. Leary held a number of executive positions including vice president and general manager of a services division of IKON Office Solutions and director of sales operations for a large geographic business unit of Xerox Corporation.
Mr. Leary has a bachelor of science degree in business administration from Georgetown University and a Six Sigma Green Belt certification.
Mark Massa
Vice President, Client Services & Operations
Mark Massa joined Trust Company of America in 2006 and currently serves as the company’s vice president of client services and operations.
An executive with extensive general management, customer service, and outsourcing solution experience, Mr. Massa is a proven strategic leader who employs disciplined methods to consistently exceed customer expectations.
Over the previous 21 years, Mr. Massa has held a variety of senior leadership positions within the Fiserv Trust Group. Most recently, he served as senior vice president of product operations where he led the combined operations of Fiserv ISS (f.k.a. First Trust, Resources Trust, Lincoln Trust, The Affinity Group, Retirement Accounts, Inc., and Aspen Investment Alliance). Prior to this, he served as president of The Affinity Group, Inc. for 13 years and reported directly to the president of Fiserv Trust Group. While holding this position, he was responsible for P&L and the overall performance of the retirement plan services and outsourcing unit that served over 200,000 customer relationships.
Mr. Massa holds a bachelor of arts in economics from the University of Vermont. He also participated in Fiserv’s Business Unit General Management Business School and has been a member of the American Society for Quality for over fifteen years.
Sara Nelson
Vice President, Marketing
Sara Nelson joined Trust Company of America in 2005 and currently serves as vice president of marketing.
With over 22 years’ experience in managing, promoting, and supporting technology products; Ms. Nelson directs the company’s brand management and strategic marketing efforts.
Previously, Ms. Nelson served as vice president of marketing for Fujitsu PC Corporation, a $250 million U.S. personal and pen-based computer subsidiary of Fujitsu Limited. In her role, Ms. Nelson led the company’s product planning, channel marketing, marketing communications, and e-commerce groups selling into the retail, business-to-business, and specialty markets. She also served on Fujitsu’s U.S. branding committee and global product planning team.
Prior to joining Fujitsu, Ms. Nelson held a number of senior positions in product marketing, product management, project management, and customer service at Dell Computer Corporation, Compaq Computer Corporation, and ZEOS International, Ltd.
Ms. Nelson received her bachelor of science degree in engineering management from Southern Methodist University and has a master of business administration degree from Santa Clara University’s executive management program.
David Runberg
Chief Financial Officer
David Runberg joined Trust Company of America in 2007 and currently serves as the firm’s chief financial officer.
With over 29 years of progressive experience as a financial executive, Mr. Runberg brings solid leadership in finance and accounting operations to Trust. His skill set encompasses 11 years of “Big 4″ public accounting practice and 19 years of diverse financial and operational experience with both public and private companies. His areas of expertise also include mergers and acquisitions, strategic planning, and corporate finance.
Prior to joining Trust, Mr. Runberg served as vice president of finance and chief financial officer at Big O Tires, Inc. where he led the finance, credit, and information technology teams. In this role, Mr. Runberg managed a staff of 40 employees who served Big O Tires and its affiliates, as well as 550 franchised retail tire and automotive service centers located throughout the United States. Additionally, he directed numerous business valuation and franchisee financing projects.
Prior to joining Big O Tires, Mr. Runberg held senior level finance officer positions at INVESCO Private Capital and Gillett Holdings.
Mr. Runberg holds a bachelor’s degree in accounting from the University of Colorado, is a licensed Certified Public Accountant, and holds the FINRA Series 27 license.
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