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Venice-based Caldwell Trust Company Tops $400 Million in Assets

by Sheryl Vieira
VENICE, FL—Caldwell Trust Company has topped $400 million in assets, reports R. G. "Kelly" Caldwell, Jr., president and senior trust officer. Headquartered 201 Center Road in Venice, with additional offices in Sarasota and Punta Gorda, the independent trust company was chartered in Florida in November 1993 and is a wholly owned subsidiary of Venice-based Trust Companies of America. Kelly Caldwell describes the financial firm as “a unique organization that provides personalized service to clients, to safeguard their financial assets while maximizing investment return.” He notes that a great deal of the company’s business comes from referrals by satisfied clients. “Our continuing growth proves that we are successful in meeting the needs of our customers,” he says.

That growth has been noteworthy from the very beginning. Founder Roland G. Caldwell, a respected investment advisor, guided Caldwell Trust Company to the $100 million mark during its first years of existence and has now seen assets quadrupled. Kelly Caldwell attributes the company’s success to the personal and individualized attention the firm provides each client, along with strongly positive investment performance, reasonable fees, a deep commitment to the community and “a great staff of dedicated, loyal people.”

“I can’t say enough for our staff,” he says. “They are extremely knowledgeable and very willing to share their wisdom. We can solve problems for people who don’t even realize help is available. If we can’t help them ourselves, we will refer them to somebody who can.”

Beyond its emphasis on traditional values and service, Caldwell Trust Company has pioneered in developing significant financial software. As an engineer by training, Kelly Caldwell has created proprietary computer-based models that are far ahead of the curve in the industry, he says. “Our programs provide us with an incredible level of power in our operations. In addition, they let us keep our costs well below that of our competitors, and they also provide up-to-the-minute financial records that our clients can access at any hour through the internet,” he says.

Such attention to detail extends to every phase of operations at Caldwell Trust Company, from portfolios to personnel. Kelly Caldwell says staff members are hand-picked and thoroughly trained. In a world where banks merge and change staff almost as frequently as the tide comes in, employees at Caldwell Trust Company stay for years and even decades, imparting valuable stability, Caldwell says.

He foresees continuing growth and a bright future for Caldwell Trust Company, and consequently for its clients. “We’ve got the best people and the most sophisticated software. Now that we’ve reached $400 million, we’re shooting for $800 million,” he says. “Everything is in place. There’s no reason why we shouldn’t make it.”