With over 18 years in financial services industry, Reitan recognizes true product leadership.
DENVER (September 15, 2005 ) – Trust Company of America today announced the appointment of Terry Reitan as president and chief executive officer. In this position, Reitan will be responsible for strategic planning and business development, in addition to overseeing daily operations.
Reitan has more than 18 years of experience in the financial services industry and previously served as president and CEO of Fiserv Investment Support Services (ISS) Division, a group of companies with over 300,000 accounts and $36 billion in assets. He also served as president and held a number of executive positions during his tenure at First Trust Corporation, one of the nation’s largest independent trustees of self-directed individual and business retirement plans. Reitan is a certified public accountant and currently serves on the Colorado Bank Board.
“We welcome Terry, whose solid track record in portfolio management and information technology will undoubtedly complement our team. This is an invaluable hire for the company and we look forward to tapping into Terry’s financial services expertise to grow our offering,” said Stephen Finn, chairman of the board, Trust Company of America.
“I joined Trust because I’m convinced that the company has a superior technology offering which translates into a tremendous opportunity for growth,” said Reitan. “Our team is eager to share with independent advisors the benefits of our custodial services and our technology, which have been a well-kept secret within the industry.”