Coral Gables Trust Company Celebrates Surpassing $2 billion in Assets Under Management
At the Coral Gables Museum James W, Davidson addressed the firm’s milestone with friends and family.
On the evening of Nov. 18, Coral Gables Trust Company celebrated their latest milestone, surpassing $2 billion in assets under management (AUM), with friends and family at the Coral Gables Museum. The Firm’s milestone stems from a record year when assets rose from client portfolio gains and the South Florida-based institution benefitted from a wave of new customers from the communities where they operate, as well as new residents from California and New York who domiciled to the region and sought to grow and preserve their portfolios with the highly respected wealth management firm.
“The fact that the Firm has grown from $1 billion in AUM to more than $2 billion in the past four years is a testament to our unwavering approach to sound money management that is able to withstand short term market upheavals. Even in a time of unprecedented challenges we were able to reach new highs for the Firm and deliver strong performance for our clients,” said James W. Davidson, CEO and founder of Coral Gables Trust Company. “It’s an exclamation point to the future of South Florida as a global wealth capital and the hard work and effort our locally based senior management team puts into providing clients with the highest level of investment, trust, and financial planning services ensuring that goals are met, and expectations are exceeded. Always putting our clients’ interests first – is in everything we do.”
Founded in 2004, Coral Gables Trust was established to provide transparent, high-level wealth management and fiduciary services to local affluent high net worth families, charities, and professionals. The Firm has forged a reputation as the gold standard in trust and wealth management services – growing from a startup with a HQ office in Coral Gables to the leading independent, privately-owned Firm in South Florida with 32 professionals in three additional offices in Fort Lauderdale, Boca Raton and West Palm Beach.