Trustmont Financial Group Inc.

Trustmont Financial Group Inc.


200 Brush Run Road

Greensburg, PA 15601

(724) 468-5665

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: 46

For More Information

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

Recruitment & Staffing

2020 2019 2018
No. of reps889190
No. of reps, male
No. of reps, female
No. of producing reps858684
No. of producing reps, male
No. of producing reps, female
No. of reps producing $100K-$499K /year343636
No. of reps producing $500K+ /year553
No. of CFPs353636
No. of full-time employees101010
No. of fee-based advisers served497878
Average payout per rep, per year$144,000$132,000$122,000
Avg. annual production of top 20% reps$419,800$382,000$333,000
Total payout, per year000
Cost of E&O insurance per rep, per year300030003000
Affiliation fees charged per rep, per year4250800800
Affiliation fee coverageE&O, email access, Fidelity Bond, Surety Bond,etc.Prorated fidelity bond, surety bond, MSRB fee, etc.prorated costs of fidelity bond, surety bond, email archiving, etc.
$0-$249,999 $250K-$499,999 $500K-$749,999 $750K-$999,999 $1,000,000+
Mutual funds 86%-90% 91%-95% 91%-95% 91%-95% 91%-95%
Insurance 91%-95% 91%-95% 91%-95% 91%-95% 91%-95%
Variable annuities 86%-90% 91%-95% 91%-95% 91%-95% 91%-95%
Limited parterships 86%-90% 91%-95% 91%-95% 91%-95% 91%-95%
Securities 86%-90% 91%-95% 91%-95% 91%-95% 91%-95%
2020 2019 2018
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
2020 2019 2018
Total account assets$2,084,200,000$1,909,300,000$1,987,200,000
Fee-based assets$675,900,000$621,400,000$553,300,000
Fee-based assets: Clearing firm
Fee-based assets: Advisory firm platforms$649,900,000$597,900,000$528,300,000
Fee-based assets: Third-party money managers$26,000,000$23,500,000$28,000,000
Fee-based assets: Other
Total account assets: Other$1,408,300,000$1,287,900,000$1,430,900,000
Average assets per rep$23,684,091$20,981,319$22,080,000
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)
Document management
Financial planning
Portfolio management Portfolio Pathway
Portfolio rebalancing iRebal, the Intelligent Rebalancer (ThinkTech Inc.)
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?
  • 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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