Independence Trust Company (Franklin)

Name: Independence Trust Company
Address: 325 Bridge Street, Franklin, TN, 37064 2609
Telephone: 615-591-0044

Independence Trust Company is a large advisory firm based in Franklin. It manages $577.43 million of regulatory assets for 679 client accounts. It has been registered with the SEC as an adviser since 2004 and has operated in the jurisdiction of Tennessee.

Independence Trust Company provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Independence Trust Company: assets under management

The assets under management (AUM) of Independence Trust Company is $577.43 million. The firm's AUM has grown by 65% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $478.9 million in discretionary accounts and $98.53 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $798.17 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.25 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Independence Trust Company for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Independence Trust Company

Marcia Eleanor Williams has been acting as President since 1 Jan 1997. Edward Bedell James joined the executive team most recently as the Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Marcia Eleanor Williams	Director/president/ceo	1 Jan 1997	25% - 50%	1236693
David George Ogilvie	Director	1 Jan 1997	25% - 50%	4742289
William Earl Cherry	Director	1 Jan 1997	Other	4742290
Charles Keifer Evers	Director	1 Jan 1997	Other	4742291
Charles Edward Jones	Director	1 Jan 1997	Other	4742294
Frank Budd Sheffield	Shareholder	1 Jan 1997	Other	1469094
Edward Bedell James	Senior vice president	1 May 2003	Other	4742297
Marcia Eleanor Williams	Director/president/ceo	1 Mar 2004	Other	1236693
David George Ogilvie	Director	1 Mar 2004	Other	4742289
William Earl Cherry	Director	1 Mar 2004	Other	4742290
Charles Keifer Evers	Director	1 Mar 2004	Other	4742291
Charles Edward Jones	Director	1 Mar 2004	Other	4742294
Independence Holding Corporation	Common stock	1 Mar 2004	75% - 100%	20-0186120
Omar Ernest Bacon	Director	1 May 2004	Other	4805253
Robert Patrick Shepherd	Director	1 May 2004	Other	1221884
Edward Bedell James	Director	1 Jul 2005	Other	4742297

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Roxanne Howieson Williams	Shareholder-class b	1 Mar 2004	25% - 50%	4788847
Morgan Christine Ogilvie	Shareholder-class b	1 Mar 2004	25% - 50%	4788887

Based in Franklin

The principal office where Independence Trust Company performs its advisory services is located at 325 Bridge Street, Franklin, TN 37064 2609 The mailing address of the firm is P.O. Box 682188, Franklin, TN 37068 2188. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 615-591-0044 or by fax 615-591-8840. The normal business hours are 8:30 a.m. to 5:00 p.m. central on Monday - Friday. You can find more information about the New York firm at www.independencetrust.com.