Magnolia Trust Company announces Carter Larson, CTFA, CFA, has joined firm

Magnolia Trust Company announces Carter Larson, CTFA, CFA, has joined firm

CHATTANOOGA, Tenn. — Magnolia Trust Company is pleased to announce Carter Larson, CTFA, CFA, has joined the firm as Risk and Compliance Manager. Larson comes to Magnolia from AmerisBank where he was Senior Vice President & Head of Personal Trust and responsible for providing and expanding trust services for new and existing clients.

“We are pleased to have Carter on our team. His vast experience in the financial services industry and his commitment to excellence makes him a great addition to the Magnolia team,” said Eric Ratliff, Magnolia’s president and CEO. “His track record shows that he is an ideal fit from a cultural and values perspective, and we are excited to have him in the role of Risk and Compliance Manager for the company.”

Larson received his Master of Business Administration from The University of Tennessee at Chattanooga and his Bachelor of Business Administration from Iowa State University. He also attended the ABA National Trust School and the ABA National Graduate Trust School at Northwestern University. Larson is a Certified Trust and Financial Advisor (CTFA) and a Chartered Financial Analyst (CFA).

Prior to joining Magnolia, Larson worked at AmerisBank as the Senior Vice President & Head of Personal Trust. In this role, Larson was responsible for expanding trust services on the AmerisBank’s Wealth Management Platform. Before joining AmerisBank, Larson worked at SunTrust Bank (now Truist) for over 20 years. His most recent position at SunTrust was as Senior Vice President, Fiduciary Executive, Atlanta Advisory Center. In this role, Larson was responsible for leading a team of Trust Advisors and Portfolio Managers to support fiduciary investments and administration on SunTrust Bank’s Wealth Management Platform.

“I am thrilled to be joining Magnolia and supporting the team, in addition to the families and clients we serve,” said Larson. “I remain impressed by Magnolia’s dedication to individualized planning and trust administration, as well as the talented individuals that make up our impressive team.”

About Magnolia Trust Company
Magnolia Trust Company provides superior individualized and independent trust administration services for high-net-worth individuals and families, including privately held business owners, foundations, family offices, and charitable organizations. The company works alongside the client’s team of advisors to develop and execute tax and dynastic trust planning strategies and goals, while integrating business and personal cash flow needs. The client remains at the center, surrounded by personally selected advisors who help bring the client’s aspirations to life and preserve the client’s legacy for future generations. Learn more at

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