HOUSTON, October 19, 2021– (BUSINESS WIRE) – Houston Trust Company is pleased to announce that Frances R. Marshall has joined the Company’s management team as Executive Vice President and Chief Trustee. In this role, Frances will focus on establishing optimal and consistent fiduciary practices across the company, managing fiduciary risk and providing support, advice and training to the team. of 12 trust directors of Houston Trust Company. She will also chair the trust committee.
âWe are very happy and fortunate to have someone with the experience and ability of Frances to lead our fiduciary staff at Houston Trust,â said President and CEO David R. Lummis. “We have conducted a national search for this position and warmly welcome Frances to Houston.”
Frances has over 15 years of experience in fiduciary management. Most recently, she served as the Trustee Director of Wealthgate Trust in Las Vegas, Nevada, where she oversaw all fiduciary activities as well as operations, finance and compliance. A former practicing trusts and estates lawyer, Frances has also held executive positions for the Western Division of US Trust (now Bank of America Private Bank) and for Charles Schwab Trust Company in Henderson, Nevada. Frances holds a Bachelor of Arts from Northwestern University and a Doctor of Laws from the University of San Diego Law School.
About Houston Trust Company
Houston Trust Company is the largest private, independent, full-service trust company in the State of Texas. Founded in 1994 by eight Houston families, the company has grown to serve approximately 350 relationships around the world, all with roots and ties to Texas, with more than $ 8 billion in assets under management.
As a true trustee, Houston Trust Company specializes in the transition of assets from one generation to the next, assisting families and individuals in the administration of estates and trusts, the management of multiple real estate assets and interests. and centralized management of their business affairs.
Houston Trust Company focuses on four areas of highly personalized service: the fiduciary administration of trusts and estates; investment and management of independent assets by third parties; support services for trusts, endowments and charitable foundations; and family office services.
For more information about Houston Trust Company, please visit the company’s website at http://www.houstontrust.com.
Houston Trust Company | 3737 Buffalo Speedway, suite 200 | Houston, Texas 77098
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David R. Lummis, 713-651-9400
President and CEO
Claire Johnson, 713-651-9406
Vice-President, Communications and Human Resources