When our advisors succeed, we succeed. That’s what happened in 2013, as assets under custody at Trust Company of America grew to a record $13.2 billion on an increase in new client arrangements and rapid growth of current RIA clients.
TCA's latest press release
highlights the firm’s 2013 results – the second strongest year in its 40-year history. TCA signed 28 new RIA client arrangements, launched new partnerships with industry innovators and strengthened its service offerings – all aimed at helping RIAs realize their full potential.
New advisors cited TCA’s non-competitive partnership – with no retail presence or products – and its core technology, which allows advisors to trade multiple models in a single account in three clicks or less, as key reasons for joining Trust Company of America.
Despite the recent market volatility, 2014 is off to a solid start. Trust Company of America is a partner in the RIA Roadshow
, a free half-day educational event designed to provide best-practice expertise on operational, compliance, technological, and investment topics impacting RIAs. And we are pushing forward with new ways to make our operations more efficient and effective. More on these initiatives in future blog posts.
While 2013 will be tough to top, Joshua Pace, Senior Vice President, Business Development knows what it will take: “We think of our advisors as our partners and we never compete against them for individual investors. Our focus is on helping RIAs to grow their businesses, controlling overhead, streamlining business practices and better serving investors.”