Public Trust Advisors, LLC Announces New President and Partnership
Denver, September 11, 2019 – Public Trust Advisors, LLC (Public Trust) is pleased to provide two announcements that we believe will enrich the overall client experience associated with Public Trust as we work to strengthen the experiences and services that we deliver to our clients by seeking out new ways to enhance our firm.
First, we are pleased to announce that Randy Palomba has been named President of Public Trust effective immediately. As a co-founder of the company, Randy continually provides industry expertise, leadership, and support as we continue to develop and enhance our business platform nationwide. The past-president, Greg Wright, had requested the opportunity to pursue interest outside of Public Trust, and we not only thank him for his contributions during the early years of our firm’s foundation but wish him well in all future endeavors.
Second, we are pleased to share that, after extensive due diligence, Public Trust has selected Bear Creek Asset Management, LLC (Bear Creek) as a partner moving forward in our continued efforts to deliver high-quality, cost-effective services to our clients. Bear Creek is a Denver-based, Securities and Exchange Commission (SEC) registered investment adviser that focuses on fixed-income solutions for corporations, charitable organizations, and other business entities. Bear Creek manages approximately $7 billion of assets.
“Bear Creek believes this alignment is a wonderful opportunity to partner with a firm whose goals mirror our own, namely an acute focus on customer success and satisfaction. We are thrilled for the opportunity to be a part of the next phase of growth at Public Trust,” said Todd Alton, Managing Director at Bear Creek.
We believe that this partnership will facilitate continued efficiencies and stability throughout our organization, further allowing us to improve the quality client experience associated with Public Trust as well as strengthening our position in the marketplace.
“Bear Creek’s investment will have a positive impact on several key initiatives that our management team is actively working on as we build for the future,” said Tom Jordan, Chief Executive Officer of Public Trust.
We are looking forward to the new opportunities that this partnership will bring without altering the management, operations, and staff at Public Trust. Our goal is to transparently communicate with our clients as we continually work to improve our business, services, and client experiences. Should you have any questions, please feel free to contact us as email@example.com.
About Us: Public Trust Advisors® investment services for the public sector include the management of local government investment pools (LGIP) and separately managed, individual investment accounts (SMA). Public Trust Advisors investment management services include administration (fund accounting, participant accounting, transfer agency, client services, sales, and marketing) and/or investment advisory (portfolio management, credit research, risk management, and portfolio valuation). For more information, visit us at www.publictrustadvisors.com.
Registration with the SEC does not imply a certain level of skill or training.
This press release is for informational purposes only and should not be considered a solicitation of investment advisory services.