The Trust Company of Tennessee has hired Miranda Carr as a wealth strategist. Based in Knoxville, The Trust Company of Tennessee is a state-chartered bank with more than $3.5 billion under management. The company offers wealth management, corporate retirement and personal trust services. “Miranda is a strategic addition to our team and will bring a wealth of experience and knowledge …
Our fiscal fitness experts emphasize physical fitness, too
A team from The Trust Company of Tennessee, including the founder and CEO, cut the ribbon and took a spin inside The Trust Company Pryse Family Spin Studio at the West Side Family YMCA on Jan. 24. Sharon J. Pryse, founder and CEO; Daniel Carter, president; and other members of firm’s team took a group ride on the stationary bikes …
How Trusts Allow You to Take Care of Those You Love
Trust is the foundation of love and one of the key elements of what binds families together. A financial trust can function much the same, helping you to care for the most important people in your life after you are gone. What is a Trust? A trust is a fiduciary relationship in which a grantor transfers assets to a trustee, …
Blazing Her Own Trail
This article by Roger Shirley first appeared in The Tennessee Banker November/December 2018 issue. Sharon Miller Pryse didn’t start out to be the owner and chief executive of a highly successful trust company. Personal drive, ambition, an entrepreneurial spirit, and at the right place at the right time early in her career, however, came together to set that course. Pryse …
Social Security: What You Don’t Know May Hurt You
During retirement planning, there are many considerations and an important one is social security. You may be asking yourself questions like: When should I claim social security? Should I collect my social security as soon as I’m eligible? After all, I did pay into it all these years, so I’m entitled to it, right? Besides, it may run out so …
How Sharon Pryse took control of her own destiny
By Cortney Roark, published in the Knoxville News Sentinel on February 5, 2018 As founder and CEO of the Trust Company, which manages $3 billion in assets, it’s expected that Sharon Pryse has a roomy office. What’s not as expected is the seat she chooses when guests enter the room. When clients – or a reporter and photographer – walk …
Death Can Ruin Your Plans
Imagine building your business over several decades, beginning to plan your business exit, then dying unexpectedly before you can implement your plans. Business owners rarely think about how an unexpected death or permanent incapacitation can derail even the most carefully created plans. And it makes sense: If you were always worried about what could go wrong, chances are you’d have …
News | Fall 2018
The latest news from The Trust Company of Tennessee, including: TTC_Fall 2018 Newsletter New Employees Community Spotlight Financial Advice for the Ages Fall Recipe
Why You’ll Need an Advisor Team
Exit Planning can be complex. Between setting your exit goals and transferring your business, you’ll attempt to build business value, find an appropriate successor or buyer, navigate perplexing tax implications, and keep your key employees onboard. And that’s just a few of the things you’ll do! With so many considerations surrounding your business exit, you may want to consider creating …
Why do Real Assets Warrant an Allocation?
Real asset instruments derive their worth from physical value – you can touch, see and maybe even smell. Conversely, stocks and bonds derive their value from future cash flows and residual claims on a balance sheet. The tangible characteristics of real assets can create a foundation of protection against inflation. Real assets can also provide stability during geopolitical uncertainty and currency fluctuations. The chart …