Trustmont Financial Group Inc.

Trustmont Financial Group Inc.

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200 Brush Run Road

Greensburg, PA 15601

(724) 468-5665

trustmontgroup.com

Clearing firm: RBC Correspondent Services, TD Ameritrade

No. advisers: 91

AUM: $1,909,300,000

Year founded: 1986

Year end: Dec. 31

No. of retail offices: 54

For More Information

Top ExecutiveAnthony C. Hladek
Recruiting ContactLacey Dochinez
(724) 468-5665
E-mail
Compliance ContactMaryLynne Hixenbaugh
(724) 468-5665
E-mail

Recruitment & Staffing

2019 2018 2017
No. of reps9190107
No. of reps, male95
No. of reps, female12
No. of producing reps8684100
No. of producing reps, male
No. of producing reps, female
No. of reps producing $100K-$499K /year363639
No. of reps producing $500K+ /year534
No. of CFPs363639
No. of full-time employees101011
No. of fee-based advisers served787885
Average payout per rep, per year$132,000$122,000$127,000
Avg. annual production of top 20% reps$382,000$333,000$354,000
Total payout, per year000
Cost of E&O insurance per rep, per year300030003000
Affiliation fees charged per rep, per year800800800
Affiliation fee coverageProrated fidelity bond, surety bond, MSRB fee, etc.prorated costs of fidelity bond, surety bond, email archiving, etc.base email, Fidelity Bond, Surety Bond,
$0-$249,999 $250K-$499,999 $500K-$749,999 $750K-$999,999 $1,000,000+
Mutual funds 86%-90% 86%-90% 86%-90% 86%-90% 86%-90%
Insurance 86%-90% 86%-90% 86%-90% 86%-90% 86%-90%
Variable annuities 86%-90% 86%-90% 86%-90% 86%-90% 86%-90%
Limited parterships 86%-90% 86%-90% 86%-90% 86%-90% 86%-90%
Securities 86%-90% 86%-90% 86%-90% 86%-90% 86%-90%
2019 2018 2017
Total revenues000
Commission revenues000
Securities revenues
Securities revenues: Stocks
Securities revenues: Bonds
Securities revenues: ETFs
Securities revenues: Other
Mutual fund revenues
Annuities revenues
Annuities revenues: Fixed
Annuities revenues: Variable
Annuities revenues: Other
Insurance revenue
Insurance revenues: Life
Insurance revenues: Disabilities
Insurance revenues: LTC
Insurance revenues: Other
Alternative revenues
Alternative revenues: Hedge funds
Alternative revenues: Managed futures
Alternative revenues: Private placements
Alternative revenues: REITs
Alternative revenues: Other
Other commission revenues
Fee revenues000
Fee revenues: Rep-managed accounts
Fee revenues: Firm-managed accounts
Fee revenues: Outside-managed accounts
Fee revenues: Other
Total revenues: Other000
2019 2018 2017
Total account assets$1,909,300,000$1,987,200,000$2,118,400,000
Fee-based assets$621,400,000$553,300,000$607,400,000
Fee-based assets: Clearing firm
Fee-based assets: Advisory firm platforms$597,900,000$528,300,000$577,400,000
Fee-based assets: Third-party money managers$23,500,000$28,000,000$30,000,000
Fee-based assets: Other
Total account assets: Other$1,287,900,000$1,430,900,000$1,511,000,000
Average assets per rep$20,981,319$22,080,000$19,798,131
Social Media & Mobile
Allows advisers to use social mediaY
Social media sites allowedLinkedIn
Dedicated mobile application for advisers?N
Primary purpose of mobile application
Software Offered
Account aggregation software ByAllAccounts Inc.
Portfolio Pathway
Compliance software erado (erado)
Jaccomo
CRM
Document management
Financial planning
Portfolio management Portfolio Pathway
Portfolio rebalancing iRebal, the Intelligent Rebalancer (ThinkTech Inc.)
Robo-advice
Offers robo-advisory platform?N
If not, when plans to offer a robo-platformWe do not plan on offering robo-advisory services
Robo-advice services offered
How robo-platform developed
Charge for robo-advisory services?
    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.

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