The Trust Company of Tennessee

Name

The Trust Company of Tennessee

Legal name

The Trust Company of Tennessee

Website

https://thetrust.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

101–250 employees

Short description

The Trust Company of Tennessee is a privately held, fee-based wealth management and trust services firm founded in 1987 and headquartered in Knoxville, serving individual, corporate retirement, personal trust, and nonprofit clients across three Tennessee offices with approximately $6 billion in AUM.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Trust, Fiduciary, and Custody Activities (523991), Insurance and Employee Benefit Funds (5251), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Finance Services (6199)

akta.pro primary industry

Personal & Family Trust Services (FSAAANAA)

akta.pro secondary industries

Employee Benefit & Retirement Plan Trust Services (FSAAANAC), Trust & Fiduciary Advisory for HNW/UHNW (Trust Structuring & Trustee Oversight) (FSAAABAF), Trust Administration & Fiduciary Accounting Services (FSAAANAF), Personal Trust & Fiduciary Administration (FSAEAKAA)

Keywords

• Wealth management services
• Corporate retirement plans
• Personal trust administration
• Nonprofit investment management
• Financial planning advisory

Headquarters

HQ city

Knoxville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Wealth Management Services: Fee-based wealth management services for individuals and families, including financial planning, investment management, and retirement planning.
2. Corporate Retirement Plan Services: 401(k) recordkeeping and administration services for businesses, including compliance management and plan sponsor support.
3. Personal Trust Administration: Trust administration services including estate planning support, trust management, and fiduciary services.
4. Nonprofit Investing Services: Investment management and strategic planning services for nonprofit organizations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

The Trust Company of Tennessee is a fiduciary financial advisory firm that delivers wealth management, corporate retirement plan administration (401(k) recordkeeping and compliance), personal trust and estate administration, and nonprofit investment management to individuals, families, business owners, and nonprofit organizations across East Tennessee. Services are delivered through relationship managers working directly with clients in person at offices in Knoxville, Johnson City (Tri-Cities), and Chattanooga, with the firm managing more than $6 billion in assets.

Product overview

The Trust Company of Tennessee offers a unified suite of financial services centered on wealth management, personal trust, and corporate retirement solutions. The core service portfolio includes Wealth Management for individuals and families, Personal Trust services for estate and legacy planning, Corporate Retirement for 401(k) administration, and Nonprofit Investing for organizations. Recordkeeping & Administration supports retirement plan sponsors with compliance and reporting functions. These services are delivered as an integrated offering rather than standalone modules, with the company serving individuals, families, business owners, and nonprofits across Tennessee.

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Management Comprehensive wealth management services helping individuals and families make better financial decisions through all stages of life, including investment management, financial planning, and retirement strategies.
• Corporate Retirement Corporate retirement plan services including 401(k) administration, designed to eliminate retirement plan hassles for businesses so they can focus on their core operations.
• Personal Trust Personal trust services including revocable and irrevocable trust administration, estate planning, and legacy preservation to protect loved ones and preserve family wealth.
• Nonprofit Investing Investment management services specifically designed for nonprofit organizations to help serve communities and enrich their legacy.
• Recordkeeping & Administration Retirement plan recordkeeping and administration services providing accuracy, compliance, transaction processing, and reporting for corporate retirement plans.

Quantifiable outcome

• Average client tenure of 21 years with some relationship managers indicating high client satisfaction and retention

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Bessemer Trust: Bessemer Trust is a leading private wealth and investment management firm that focuses on HNW/UHNW individuals and families with comprehensive trust, estate, and investment services. Directly comparable to The Trust Company of Tennessee in fiduciary-based, fee-only wealth and trust administration, though it operates nationally with significantly larger scale.
• Glenmede: Glenmede is a privately held wealth and investment management firm providing trust, custody, and advisory services to individuals, families, and institutions. It mirrors The Trust Company of Tennessee's fiduciary model, multi-generational client focus, and integrated wealth/trust service mix.
• Argent Financial Group: Argent Financial is a fiduciary, fee-based wealth management firm offering trust, investment management, and retirement plan services across multiple Southeastern and Mid-South states. Comparable to The Trust Company in business model, service mix (wealth/trust/retirement), and regional focus.
• Crescent Capital Trust / National Advisors Trust Company: National Advisors Trust Company provides trust and custody services exclusively to independent RIAs and their HNW clients through a partner model. Comparable fiduciary trust administration capability, though it serves as a back-office partner to advisors rather than as a retail-facing firm like The Trust Company.
• Mariner Wealth Advisors: Mariner Wealth Advisors is a fast-growing, fee-based RIA offering comprehensive financial planning, investment management, and trust services to HNW individuals, families, and institutions. Comparable integrated wealth/trust service mix and fiduciary orientation, with much greater scale and a national footprint.

Broad incumbents

• Wilmington Trust (M&T Bank): Wilmington Trust is a large, established provider of wealth management, trust and estate, and investment services, owned by M&T Bank. It overlaps heavily with The Trust Company of Tennessee in personal trust, corporate retirement, and nonprofit services, but operates nationally as part of a broader banking platform.
• PNC Wealth Management: PNC Wealth Management offers trust, estate, investment management, and corporate retirement plan services through a large national bank channel. Comparable segment coverage as The Trust Company, but embedded inside a much larger, full-service bank with broader product capabilities.
• Regions Wealth Management: Regions Wealth Management offers trust, investment, retirement, and estate planning services across the Southeastern U.S., including Tennessee. Regional overlap with The Trust Company's territory but operates as part of a large diversified bank holding company.

Regional players

• First Horizon Advisors: First Horizon Bank (formerly First Tennessee) provides wealth management, trust, and retirement plan services across the Southeastern U.S., including Tennessee. Directly comparable in geography and core service offering, but embedded inside a regional bank rather than operating as a pure-play independent trust firm.

Emerging players

• Carson Group: Carson Group partners with independent advisors and offers wealth management, business coaching, and adjacent services; its Carson Trust business provides personal trust and estate services. Comparable in targeting advisor-led HNW relationships and offering integrated trust capabilities, but with a fundamentally different partner/distribution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/the-trust-company-of-tennessee
• Xx.com/thetrustcompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Trust Company of Tennessee