South Florida’s largest independent and privately held trust and wealth management company is getting bigger.
Coral Gables Trust Company, which has more than $1.5 billion under management, opened its fourth South Florida location in Boca Raton at 2255 Glades Road. The company also recently opened an office in Fort Lauderdale on East Las Olas Boulevard, preceded by its first Palm Beach County office in West Palm Beach in 2011. The new office, the company said in a release, will allow it “to better serve clients and accommodate for its continued success.”
“The response to our services continues to resonate with South Florida residents, and trust and estate professionals,” said James W. Davidson, Co-Founder & CEO of Coral Gables Trust. “We are local, personal, and have far more flexibility and creativity in providing solutions for our clients than many of the large financial institutions. Our guiding principle is that our clients’ interest always comes first, and during uncertain times, these values have never been more reassuring for clients.”
Co-Founder and CEO James W. Davidson, said the firm provides a “local and focused approach” to wealth management and fiduciary services to local affluent and moderately high net worth families, non-profits, and professionals. Services include providing robust investment management, a range of trust services, and financial planning.
The Boca office is managed by Senior Vice President and Senior Relationship Manager Ivan Shegota, a finance and trust industry veteran who also manages the West Palm office.
“Our new office will allow us to better serve our existing and new clients in Palm Beach County and the Boca Raton area,” added Shegota.
