Frank Maiorano is out at Trust Company of America and board member is named new CEO
The Colorado-based RIA custodian is putting a ski resort executive, David Barry, in the chief executive spot
Elmer Rich III
The Board’s choice of someone from the regional resort business to head a firm in an global/national industry with such complicated regulatory, compliance and technology demands is interesting. Assume there will be a long, steep learning curve.
The custody market is hyper-competitive and just getting more so.
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