SOUTH PASADENA, Calif., Feb. 27 /PRNewswire/ -- The Whittier Trust Companies (WTC), a leading independent private trust company that focuses on protecting, enhancing, and perpetuating the wealth of high net worth clients throughout the United States and several foreign countries, today announced that the firm has filled four strategic executive-level positions and promoted eight of its existing executives located in three of the firm's offices in South Pasadena, San Francisco, and Reno. Established more than 70 years ago, WTC currently manages more than $4 billion of clients' assets, making the firm among the leading private trust and wealth management companies in the country. WTC is recognized for its comprehensive and disciplined approach to protecting wealth, creating asset growth, and providing clients with options for an orderly transition of assets to future generations. "The Whittier Trust Companies has experienced outstanding growth during the past year," said Michael J. Casey, president and CEO. "By hiring experienced executives, and promoting a number of our seasoned executives, WTC is well-positioned to build on our commitment to meet and exceed the diverse needs of our high net worth clients." The strategic hires announced by Mr. Casey today include: * Charles Adams III, vice president, real estate. In this role, Mr. Adams will be responsible for directing the firm's real estate activities and oversees the daily and long term management of real property held in the firm's Trust and other Fiduciary Accounts. * Lisa K. Edwards, vice president, client administrator. An attorney, Ms. Edwards brings more than 26 years of experience in the Trust and Estates industry to WTC. She will manage 15 client relationships which is representative of the firm's uniquely low administrator to client ratio. * Timothy S. Garrity, CFA, vice president, and business development officer. In his position at WTC, Mr. Garrity will work closely with high net worth individuals, their families, and their key advisors. Seven executives from WTC's South Pasadena office were recently promoted to serve in new and expanded roles: * Steven A. Anderson was promoted to executive vice president and continues to serve as general counsel at WTC. In this role, he is responsible for the legal affairs of the firm and its affiliated companies. In addition, Mr. Anderson works closely with the legal advisors of WTC's clients on a wide variety of matters including Estate Planning. * Kathleen Briley has been promoted to vice president, client administrator. With more than 25 years of Trust experience, Ms. Briley has been with WTC since 1993. * David A. Dahl was promoted to senior vice president and continues to serve as WTC's chief portfolio manager. In addition to managing client portfolios, Mr. Dahl manages WTC's Taxable and Tax-exempt, Fixed Income Investments, and Tax Aware Planning strategies. * James A. Jeffs has been promoted to executive vice president and remains the chief investment officer. He is responsible for clients' investments in all asset classes. Mr. Jeffs has an extensive background in investment research, and in managing investment portfolios for institutional and high net worth clients. * Richard E. Llewellyn, II has been named senior vice president and continues to serve the firm as a client administrator and manager. He has more than 30 years of experience in managing trusts and estates. * Grace L. Russak has been promoted to serve as the firm's director of advisory services and marketing. Ms. Russak has more than 25 years of experience working with international clientele of high net worth individuals. Ms. Russak was a client administrator and client development officer for nine years before moving to her current position. * Robert D. Sellers has been promoted to the position of senior vice president. Mr. Sellers remains the chief financial officer of WTC and leads the company's Corporate Accounting, Operations, Tax and Information Systems departments. Before the formation of WTC, Mr. Sellers was a vice president of M. H. Whittier Corporation and was responsible for tax administration following the sale of Belridge Oil Company, where he had served as controller. In San Francisco, WTC has hired a senior executive to focus on Advisory Services: * John N. Staples, III has joined the firm to serve as head of the San Francisco office's advisory services department. In this role, Mr. Staples is responsible for providing advisory services to individuals, their families, and Trusts for the firm's San Francisco office. Currently celebrating its 10th year in Reno, The Whittier Trust Company of Nevada, Inc., manages more than $1 billion in client assets. Mr. Casey announced one promotion in the Reno office: * William E. Ramsey has been promoted to the position of senior vice president and remains the manager and client administrator in the Reno office. Mr. Ramsey has more than 25 years of experience in Financial Services and is a Director of the Whittier Trust Company of Nevada, Inc. About The Whittier Trust Companies Established 70 years ago as the family office to the Whittier family known for their role in the development of Beverly Hills and for the management and operation of Belridge Oil Company, the modern Whittier Trust Companies is recognized for its unique offering of personalized wealth management services. These services include a uniquely comprehensive and coordinated approach to disciplines that will protect wealth, create asset growth, and provide an orderly transition of assets to future generations. Enveloped into these investment philosophies is The Whittier Trust Companies' commitment to assigning an average of only 15 client relationships to each client contact officer. This ensures frequent communication and individualized service at a level rarely matched by other wealth management services firms.
SOURCE The Whittier Trust Companies