The Trust Company of Tennessee has hired Michael Ranisate as a Retirement Plan Services (RPS) operations specialist.
Founded in 1987 and with offices in Chattanooga, Knoxville and the Tri-Cities, The Trust Company of Tennessee currently has more than $4 billion under management. The firm helps individuals, families, business owners and nonprofits make better financial decisions through wealth management, personal investment strategy, corporate retirement plans, estate planning and personal trust services.
“Michael brings over 12 years of experience in RPS operations to our team,” said Daniel Carter, president of The Trust Company of Tennessee. “His passion for helping others save for the future and his skill set in operations will be assets to our team and our clients.”
Ranisate currently is completing an online degree in business management and finance from Brigham Young University-Idaho. He previously worked as an operations analyst at LT Trust in Denver, Colorado, where he implemented new operation procedures and settled daily trades. Ranisate also has experience as a retirement plan processor and 401(k) account manager.
Ranisate resides in Summerfield, Florida, with his wife, Stephanie, and three children, Felicia, 17, Justin, 15, and Michael Jr., 7. In his spare time, Ranisate enjoys building scale remote control (RC) rock crawlers, playing video games with family, going to the beach and swimming.