Richard Trumpler is a 46 year veteran of the trust industry, known primarily for his 30 year track record of taking over 5 distressed trust companies and quickly achieving regulatory compliance and profitability.
In his most recent capacity as Chief Operating Officer of a privately owned trust company in New York City, he successfully implemented a Private Label Trust offering, with clients including Family Offices, Law Firms, a commercial bank and Investment Advisory firms.
Capitalizing on 48 years in the wealth management arena, of which 46 years was in trust department management with 20 years at the “C” level, Trumpler now provides consulting services to trust companies, investment advisory firms, boards of directors and fiduciary litigation attorneys. He is a specialist in setting up and managing a private label trust services offering (PLT), and has a broad knowledge of P & L’s, cash flows, investments, and trust company mergers and acquisitions. Trumpler is available also as an executive coach to both individuals and companies.