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Commerce Trust named largest trust company in St. Louis
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The Commerce Trust Company ranked largest Trust Company by St. Louis Business Journal
ST. LOUIS – May 18, 2017 – The Commerce Trust Company has been named the
largest local 1 trust company by the St. Louis Business Journal . Commerce Trust was
ranked number one among a list of nine other area trust companies. Companies were
ranked by local assets under management as of December 31, 2016.
“This ranking reflects our commitment to our clients and to growing and building
relationships in the St. Louis area,” said Ray Stranghoener, chairman and CEO, The
Commerce Trust Company. “Our unique ability to offer nationally competitive resources
with boutique-style service allows us to deliver a world-class and tailored experience for
our clients. We truly value the relationships we’ve been fortunate to build over many
years in St. Louis, and look forward to serving the needs of future clients.”
Commerce Trust manages more than $26 billion in assets 2 companywide and is
nationally ranked at number 22 by SNL Financial for assets under management 3 .
Commerce Trust is one of the largest wealth management firms in the Midwest and has
been serving clients since 1906. The full list by the St. Louis Business Journal can be
found here: http://bizj.us/1p6h3l .
The Commerce Trust Company
As of March 31, 2017, The Commerce Trust Company was responsible for the administration of more than $44.5 billion of total client assets.
Since 1906, Commerce Trust has been a leading source of tailored asset management, creative private banking and comprehensive trust services for individuals, families, corporate executives, and business owners. In addition, Commerce Trust serves a variety of institutional clients with customized investment programs as well as sole-source solutions for all of their financial needs.
The Commerce Trust Company is a division of Commerce Bank.
1. Local is defined as St. Louis, St. Charles, Lincoln, Warren Franklin and Jefferson counties and the city of St. Louis in Missouri; and St. Clair, Madison, Jersey, Clinton, Calhoun, Macoupin, Bon and Monroe counties in Illinois. 2. As of March 31, 2017 3. As of December 31, 2016