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News Story
Updated: 02/12/2014 09:18:04AM

Caldwell Trust continues to grow dramatically

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By ROGER BUTTON

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Independent and locally owned The Caldwell Trust Company experienced healthy growth in 2013, according to R. G. “Kelly” Caldwell Jr., CEO and president.

Trust company assets under management increased from $560 million to $700 million in 12 months ending Dec. 31, 2013. Coming from an unexpected sector, the latest increase was in investment management services, which now represent 80 percent, or $560 million, of the business, according to Caldwell.

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