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Front Page - Friday, November 29, 2019

Magnolia Trust launches Chattanooga office

Magnolia Trust Company has opened in Chattanooga. Owned by the shareholders of Moore Colson CPAs and Advisors in Atlanta, the company provides trust administration services for high net worth individuals and families.

Magnolia Trust is one of 15 state-chartered trust companies in Tennessee. The company focuses solely on trust administration and does not serve in the area of investment management.

Magnolia Trust President and CEO Eric Ratliff says the company works alongside its clients’ existing advisers to develop and execute trust planning strategies with an emphasis on tax planning.

“We work with our clients’ investment managers, CPAs, legal counsel, insurance professionals, valuation consultants, bankers and other advisers to provide coordinated collaboration and holistic trust administration,” Ratliff says.

Rhett Zeigler, vice president and director of fiduciary services, says Magnolia Trust is ready to advise clients on its trust and tax advantages and compliance requirements.

“Our clients are successful and have practiced a lifetime of hard work and fiscal responsibility. As a fiduciary, we have one goal: preserving their legacies for generations to come.”

Magnolia Trust is located in suite 401 of the Volunteer Building, 832 Georgia Ave. More at magnoliatrust.com or 423 443-4777.

Source: Magnolia Trust Company