LeTort Trust
LeTort Trust is an independent, Pennsylvania-chartered trust company serving individuals, families, and business owners in central Pennsylvania with fiduciary services, including corporate trustee, investment management, retirement plan administration, and personal wealth and estate planning.
- Company typePrivate
- Founded2002
- HeadquartersCamp Hill, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What LeTort Trust does
LeTort Trust is an independent, Pennsylvania-chartered trust company founded in 2002 through the merger of Eichelberger Management Services and Atgooth Advisors, Inc. The firm provides fiduciary services to individuals, families, and business owners in central Pennsylvania, including corporate trustee services, personal trust and wealth management, investment management, retirement plan administration (3(38) investment management and 3(16) administration), insurance and tax planning, and estate planning education. As a regulated independent trust company, it is overseen by the Pennsylvania Department of Banking and operates as a Level Fee Fiduciary, charging a graded fixed percentage of assets under management. The platform is delivered through third-party client portals (Fiserv ClientPoint, Your Benefit Account, Plan Sponsor Link) with Cisco DUO multi-factor authentication, supplemented by an in-house suite of financial calculators and educational content. The firm employs 11-50 professionals with over 100 years of combined experience and holds multiple industry credentials (CFP, CFA, CPA, QKA, CFIRS, PMP).
The firm's go-to-market is relationship-based, targeting business owners and high-net-worth individuals in the Harrisburg/Mechanicsburg region through direct personal consultations and ongoing fiduciary relationships, often in collaboration with clients' accountants and attorneys. Revenue is generated primarily through AUM-based management fees and recurring fiduciary service fees tied to trust and retirement plan administration. The company has no institutional ownership, no external funding rounds, and remains controlled by its executive team under President Katie E. Clarke following the 2024 passing of co-founder G. Martin (Marty) Eichelberger. A corporate foundation, the LeTort Trust Foundation (renamed from Atgooth Foundation in 2024), commits at least 5% of annual profits to community causes and has contributed over $1.5M to local non-profits since 2011.
LeTort Trust firmographics
Firmographics- Name
- LeTort Trust
- Legal name
- LeTort Trust
- Website
- https://letorttrust.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- LeTort Trust is an independent, Pennsylvania-chartered trust company serving individuals, families, and business owners in central Pennsylvania with fiduciary services, including corporate trustee, investment management, retirement plan administration, and personal wealth and estate planning.
- Ownership category
- akta.pro rank
LeTort Trust industry classification
Industry- Product category
- Trust & Fiduciary Services
- NAICS
- Trust, Fiduciary, and Custody Activities (523991), Trusts, Estates, and Agency Accounts (52592)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Directed Trust & Trust Advisory Services (FSAAANAK)
- akta.pro secondary industry
- Custody Trust & Safekeeping Services (FSAAANAD)
Keywords
Where LeTort Trust is headquartered
LocationHeadquarters
- HQ city
- Camp Hill
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
LeTort Trust business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Assets Under Management (AUM) Fees: LeTort Trust operates as a Level Fee Fiduciary, charging a reasonable fixed percentage of the value of assets under management. The company has a graded fee schedule that reduces the percentage charged as assets under management increase.
- Fiduciary Services: Corporate trustee services, 3(38) investment management services, and 3(16) administration services for retirement plans, generating recurring fees based on fiduciary responsibilities and plan administration.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Not publicly disclosed | Level Fee Fiduciary model with graded fee schedule |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
LeTort Trust product offering
Product offeringCore offering
LeTort Trust is an independent trust company that serves as a corporate trustee and fiduciary for 401(k) plans, pension assets, and personal wealth. Its core offerings include retirement plan services (plan design, 3(38) investment management, 3(16) administration, compliance testing, recordkeeping), personal trust and wealth management, and discretionary investment management delivered under a Level Fee Fiduciary, AUM-based pricing model.
Product overview
LeTort Trust operates as an independent trust company offering a comprehensive wealth management platform combining fiduciary services, investment management, and retirement plan administration. The core product portfolio includes the Total Plan Solution (retirement plan services), 401(k) Plan Services, Personal Trust & Wealth Management, Corporate Trustee Services, and Investment Management. Supporting modules include Financial Calculators, Employee Education & Financial Literacy Programs, Insurance and Tax Planning, and Estate Planning Education resources. The company also operates the LeTort Trust Foundation as a community giving initiative. The platform is delivered through third-party client portals including Fiserv ClientPoint and Plan Sponsor Link for account access.
Differentiator
Problem solved
Functional benefit
Products and services
- Total Plan Solution (Retirement Plan Services) Comprehensive retirement plan management for employers covering custom plan design, professional managed investment portfolios, 3(38) investment management services, 3(16) administration services, compliance testing, recordkeeping, and government form filing. Functions as an extension of the employer's HR department.
- 401(k) Plan Services Employer-sponsored qualified retirement plans under Section 401(k) of the Internal Revenue Code, including pre-tax and Roth contribution options, employer matching, and fiduciary management. Targeted at businesses ranging from small privately owned enterprises to larger entities.
- Personal Trust & Wealth Management Fiduciary services for individuals and families including family wealth planning, investment management, retirement planning, philanthropic planning, insurance strategies, tax strategies, and trust and estate planning. LeTort Trust serves as corporate trustee, providing impartiality that family members or employees cannot offer.
- Corporate Trustee Services Independent corporate trustee services for 401(k), pension, and personal wealth assets, providing objectivity, accountability, fiduciary risk management, and regulatory oversight from the Pennsylvania Department of Banking. Designed for clients who need an impartial trustee in place of family members or employees.
- Investment Management Asset allocation-focused discretionary investment management using asset/liability matching and volatility tolerance. Includes rigorous due diligence on fund managers, a value-bias investment approach, regular portfolio rebalancing, and active asset allocation management across client portfolios.
Quantifiable outcome
- Over $1,500,000 in direct gifts to local non-profit organizations since 2011
- +2 more outcomes
Companies that use LeTort Trust
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
LeTort Trust technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature2 records
LeTort Trust partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Junior Achievement of South Central PAcoreAnnual financial donations and volunteer support for organization empowering young people with financial skills and knowledge. LeTort Trust participates in their events and volunteers in classrooms throughout South Central PA.
- United Way of the Capital RegioncoreOngoing support for community initiatives including Stuff the Bus signature project to collect school supplies for school readiness programs preparing children for kindergarten.
- Central PA Food BankcoreSpecial $25,000 donation during October 2025 government shutdown when SNAP benefits were halted. Donation covered cost of 100,000 meals and supported partnership with local farm providing fresh chickens to families in need.
- Pennsylvania Free Enterprise Week (PFEW)coreAnnual donation supporting one-of-a-kind summer program for incoming high school juniors and seniors offering hands-on business and entrepreneurship experience. Over 14 years, LeTort has gifted $161,151 and sponsored 344 students.
- YWCA of Greater HarrisburgminorSupport through Camp Reily clean-up projects and other community initiatives.
- Leadership Harrisburg AreaminorCommunity partnership supporting leadership development in the Harrisburg region.
Scale indicators7 records
Recent moves5 records
Expansion highlights4 records
LeTort Trust competitors and assessment
Company assessmentDirect peers
- Cumberland Trust: Independent corporate trustee serving personal trusts, foundations, and endowments with conflict-free fiduciary services. Overlaps LeTort's corporate trustee and personal trust focus, though typically more institutional/foundation-oriented.
- National Advisors Trust Company: Independent trust company providing custody and fiduciary services to RIAs and financial advisors nationwide. LeTort's independent corporate trustee offering closely mirrors NATC's model: objective custody, no proprietary products, and fiduciary services for retirement plans and personal trusts.
- Argent Financial Group: Independent trust and wealth management firm offering personal trust, estate, retirement plan, and investment management services through fiduciary intermediaries. Directly comparable to LeTort's full-stack, fee-based fiduciary offering across trust and retirement plan administration.
- Ronald Blue Trust: Independent trust company providing fiduciary investment management, estate planning, and philanthropic advisory to individuals and families. Matches LeTort's independent-fiduciary, AUM-based, holistic wealth and estate model.
Emerging players
- Cresset: Multi-family office and private wealth firm offering investment management, estate planning, and family office services to HNW families and business owners. Competes with LeTort's personal trust and wealth management segment, particularly for business-owner exit and generational wealth planning.
- Aspiriant: Independent, fee-only wealth management firm serving HNW individuals and families with holistic financial planning and investment management. Comparable boutique HNW RIA peer that competes with LeTort's wealth management offering on personal-client experience and fiduciary alignment.
Broad incumbents
- HighTower Advisors: National RIA and trust/wealth platform serving HNW clients with fiduciary advice, estate, and investment services. Competes for LeTort's HNW and business-owner segment through deeper technology, broader advisor network, and acquisitions of smaller independent firms.
- Vanguard Personal Advisor Services: Large-scale, low-cost incumbent in managed advisory and retirement plan services. Competes with LeTort's 3(38) investment management and retirement plan administration on price and scale, particularly for cost-sensitive 401(k) and personal advisory mandates.
- Fidelity Wealth Services: National wealth and retirement platform offering investment management, 401(k) administration, and estate planning at scale. LeTort competes against Fidelity on retirement plan administration, investment menu depth, and 401(k) participant tooling, though as an independent alternative.
Regional players
- Bryn Mawr Trust: Pennsylvania-based community banking and wealth/trust franchise serving the greater Philadelphia region with personal trust, investment management, and retirement plan services. Comparable regional trust competitor for LeTort's central PA footprint, though operating in adjacent rather than overlapping geography.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
LeTort Trust social profiles
Digital presenceLeTort Trust financial estimates
Financial estimateRevenue estimate
Valuation estimate
LeTort Trust leadership team
Management profileNumber of profiles
Profiles11 records
LeTort Trust subsidiaries and ownership
Company hierarchySubsidiaries1 record
LeTort Trust funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LeTort Trust M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about LeTort Trust
What does LeTort Trust do?
LeTort Trust is an independent trust company that serves as a corporate trustee and fiduciary for 401(k) plans, pension assets, and personal wealth. Its core offerings include retirement plan services (plan design, 3(38) investment management, 3(16) administration, compliance testing, recordkeeping), personal trust and wealth management, and discretionary investment management delivered under a Level Fee Fiduciary, AUM-based pricing model.
Is LeTort Trust a public or private company?
LeTort Trust is a private company. It is classified as management employee owned and is currently operating.
When was LeTort Trust founded?
LeTort Trust was founded in 2002. It employs 11 to 50 people.
Where is LeTort Trust based?
LeTort Trust is headquartered in Camp Hill, United States, in the North America region.
How does LeTort Trust make money?
Two revenue lines are on record. Assets Under Management (AUM) Fees are the primary driver. The others are fiduciary Services.
Who are LeTort Trust's main competitors?
Direct peers on record are Cumberland Trust, National Advisors Trust Company, Argent Financial Group and Ronald Blue Trust. Emerging players are Cresset and Aspiriant. Broad incumbents are HighTower Advisors, Vanguard Personal Advisor Services and Fidelity Wealth Services. Bryn Mawr Trust is listed as a regional player.
Does LeTort Trust have an API?
No public API is recorded for LeTort Trust.
What industry is LeTort Trust in?
LeTort Trust's product category is Trust & Fiduciary Services. Its primary akta.pro industry code is FSAAANAK, Directed Trust & Trust Advisory Services, with a secondary code of FSAAANAD, Custody Trust & Safekeeping Services. Its NAICS code is 523991 and its SIC code is 6282.