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Frank Maiorano is out at Trust Company of America and board member is named new CEO

The Colorado-based RIA custodian is putting a ski resort executive, David Barry, in the chief executive spot

Author Brooke Southall December 1, 2011 at 3:34 PM
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David Barry 'has a proven track record of strong leadership and the establishment of award-winning service and employee culture' says TCoA of its new chief executive.

RIA Custodians

Elmer Rich III

Elmer Rich III

December 1, 2011 — 5:05 PM

The Board’s choice of someone from the regional resort business to head a firm in an global/national industry with such complicated regulatory, compliance and technology demands is interesting. Assume there will be a long, steep learning curve.

The custody market is hyper-competitive and just getting more so.



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Mentioned in this article:

E*TRADE Advisor Services
Asset Custodian
Top Executive: Joshua Pace

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