Trust Company of the South proudly announces the addition of six talented professionals to its esteemed group of employee-owners. Burke Koonce, Jim Kluttz, CFP, Leah Jane Barnwell, CRPC, Lindsey Stetson, CFP, Michael Bridgeman, CFIRS™, CFP and Walker Douglas, CFP, J.D. have accepted the opportunity to purchase shares in the company. This significant step illustrates Trust Company’s dedication to aligning the firm for the coming decades as the needs, goals and challenges of affluent individuals and families continue to evolve.
These individuals have left an indelible mark on Trust Company of the South, elevating our brand, driving business growth and spearheading pivotal initiatives. Their commitment to assuming the responsibility of ownership speaks volumes about their confidence in Trust Company’s collective capabilities and affirms our unified vision for continued excellence.
“This expansion of our ownership base reinforces our commitment to serving generations of clients to come,” says Bill Smith, CEO of Trust Company. “As an employee-owned firm, we prioritize agility and efficiency in decision-making. With the addition of Burke, Jim, Leah Jane, Lindsey, Michael, and Walker to our ownership ranks, we further solidify our ability to adapt swiftly to evolving client needs and market dynamics.” Smith will remain in his position as President & CEO, continuing to lead the company with his vision and expertise.
Trust Company’s ownership structure empowers its team members to take ownership not only of their roles but also of the firm’s future trajectory. With 15 out of 37 employees now holding ownership stakes, Trust Company remains deeply rooted in its ethos of collaboration, innovation and client-centric service.
“As we look ahead, our goal is clear: to continue providing award-winning counsel to our clients and fostering a dynamic work environment for our team,” adds Smith. “I am confident that with our expanded ownership base, Trust Company is poised for sustained growth and success for many decades to come.”
With assets under management (AUM) totaling $3.1 billion as of March 31, Trust Company of the South reaffirms its position as a trusted partner for individuals, families and institutions seeking unparalleled financial guidance and stewardship.
