Harbour Trust Company

What Harbour Trust Company does

Harbour Trust & Investment Management Company is an Indiana-chartered independent trust company founded in 1997 and headquartered in Michigan City, Indiana, with a secondary office in Crown Point. The firm operates as a corporate fiduciary serving high net worth individuals, families, and business owners in the Northwest Indiana region, requiring a minimum of $250,000 in investable assets. Its service portfolio comprises Individual Retirement Accounts (IRA trustee services), Investment Management Accounts (customized individual security portfolios), Trust Execution and Administration, Strategic Asset Allocation, and Active Asset Management. The Advisory Select Portfolio Division manages sub-threshold accounts as a feeder to full-service relationships.

The firm is fee-based (asset management fees tied to market values of AUM) with no commission-based products, proprietary products, or sales quotas. Distribution is relationship-driven through direct advisory consultations, supplemented by a content marketing engine (monthly newsletter, video library, market insights, educational seminars, cybersecurity resources) and social media. The technology stack is conventional: a proprietary TrustReporter online portal providing 13 months of account history with downloadable PDF/Word/Excel/ASCII reports, 2-Factor-Authentication, and a Trust Portal with role-based permissions and audit trails. Client assets are segregated from firm assets under Indiana law, and the firm carries insurance against theft, robbery, fidelity loss, and professional liability. Reported customer retention exceeds 98% since inception, with multi-generational client relationships.

Ownership is private with no parent company, institutional investor, or PE affiliation disclosed. Leadership includes CEO/Chairman Robert Rose, COO Stephanie Oberlie (promoted internally from Senior VP and Trust Officer, joined 1998), and Senior Trust Officer Chad Huston. Headcount sits in the 11-50 range, and the firm currently has an open Tax Associate role. No acquisitions, funding rounds, or geographic expansion beyond Northwest Indiana have been disclosed.

Name

Harbour Trust Company

Legal name

Harbour Trust & Investment Management Company

Website

https://harbourtrust.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

11–50 employees

Short description

Harbour Trust & Investment Management Company is an Indiana-chartered independent trust company founded in 1997 serving high net worth individuals, families, and business owners in Northwest Indiana with fee-based investment management, trust administration, and retirement planning services for clients holding at least $250,000 in investable assets.

Ownership category

akta.pro rank

Product category

Wealth Management and Trust Services

NAICS

Portfolio Management and Investment Advice (52394)

akta.pro primary industry

Corporate & Institutional Trust Services (FSAAANAB)

akta.pro secondary industry

Corporate Trust Services (Trustee, Agent & Escrow Roles) (FSAEAKAB)

Keywords

• Fiduciary investment management
• Trust administration services
• Retirement account management
• Estate planning execution
• Strategic asset allocation

Headquarters

HQ city

Michigan City

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Asset Management Fees: Fee-based management where management fees are based on market values of client assets under management. No commission-based products are offered.
2. Trust Administration Services: Corporate fiduciary services serving as trustee for trust accounts and estate planning execution.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels7 records

Core offering

Harbour Trust is an independent trust company that provides fee-based fiduciary investment management and trust administration services to clients with at least $250,000 in investable assets. The firm constructs customized stock and bond portfolios based on each client's goals, risk tolerance, and needs, and serves as corporate trustee for IRAs, estates, and trusts.

Product overview

Harbour Trust Investment Management is a fiduciary investment management and trust company offering a unified set of wealth management services. The core offerings include Individual Retirement Accounts (IRAs), Investment Management Accounts, Trust Execution & Administration, Strategic Asset Allocation, and Active Asset Management. Clients must have at least $250,000 in investable assets, with accounts under this threshold managed through the Advisory Select Portfolio Division. The company provides a proprietary TrustReporter online portal for account access, and all client assets are segregated from company assets under an Indiana state charter.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Retirement Accounts (IRAs) Trustee services for rollover IRAs from previous employers or established IRA accounts, providing retirement planning assistance to individuals.
• Investment Management Accounts Disciplined investment process constructing customized individual security investment portfolios for families and businesses, with trustee guidance.
• Trust Execution & Administration Corporate fiduciary services serving as trustee while working with legal, tax, and other advisors throughout the estate planning process.
• Strategic Asset Allocation Portfolio mix determined by each client's unique goals, needs, and risk tolerance.
• Active Asset Management Advisors combining financial research, market forecasting, and industry expertise to help clients achieve financial goals.
• TrustReporter Access (Online Account Portal) Online system for clients to view current account information, 13 months of historic data, detailed asset listings including tickers and tax lots, account statements, and downloadable reports in PDF, Word, Excel, and ASCII formats. Secured with 2-Factor-Authentication.
• Advisory Select Portfolio Division Oversees management of accounts less than $250,000 with opportunity to grow the relationship to the $250,000 minimum threshold for full services.

Quantifiable outcome

• 98%+ client retention rate since 1997
• +1 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Regional players

• 1st Source Bank Wealth Management: Indiana-headquartered community bank's wealth management division offering trust, investment, and retirement services to clients in the same regional footprint. Comparable as a regionally anchored Indiana trust/wealth provider competing for similar HNW clients.
• Lake City Bank Wealth Management: Northern Indiana community bank (headquartered in Warsaw) with a wealth management group offering trust and investment services. Comparable as an Indiana-based regional competitor providing similar trust and investment management services to overlapping geographies.
• Old National Bank Wealth Management: Indiana-headquartered regional bank (headquarters in Evansville) offering wealth management, trust, and retirement plan services. Comparable as an Indiana-based regional bank competitor in the trust/wealth management space.
• First Financial Bank Wealth Management: Indiana-headquartered regional bank offering wealth management, trust, and investment services across Indiana and adjacent states. Comparable as another Indiana-rooted wealth/trust provider serving similar HNW and business-owner clients.

Broad incumbents

• BNY Mellon Wealth Management: Large wealth management division offering investment management, trust and estate services, and private banking to HNW/UHNW clients. Comparable in fiduciary trust administration capabilities but operates at a multi-trillion-dollar scale far beyond Harbour Trust.
• Northern Trust: Major UHNW/HNW-focused wealth management and private banking franchise offering trust services, investment management, and custody. Comparable as a broader incumbent offering the same fiduciary/trust services Harbour Trust provides, but at a vastly larger national scale.

Direct peers

• Oxford Financial Group: Indianapolis-based independent wealth management firm providing financial planning, investment management, and estate planning to HNW Indiana clients. Direct comparable given overlapping Indiana geography, HNW focus, and integrated wealth/trust service offering.
• Greenleaf Trust: Michigan-based independent chartered trust company providing investment management, trust administration, and retirement plan services to HNW individuals. Comparable in structure (independent trust company), regulatory posture (state charter), and HNW client focus to Harbour Trust.
• Argent Trust: Independent trust company providing corporate trust, directed trust, and wealth management services to HNW individuals and institutions across multiple states. Highly comparable to Harbour Trust as a similarly structured independent chartered trust company serving HNW clients with fiduciary services.
• Cumberland Trust: Independent trust company focused exclusively on personal trust administration and wealth management for individuals and families. Closely comparable to Harbour Trust in service mix (trust execution, investment management, estate planning) and HNW individual client base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/HarbourTrustInvestments
• LinkedInlinkedin.com/company/harbour-trust-company

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Harbour Trust Company