CHATTANOOGA, Tenn. — Magnolia Trust Company, a company owned by the shareholders of Moore Colson CPAs and Advisors in Atlanta, Georgia, opened its main office in Chattanooga, Tennessee, on October 9, 2019. The company provides individualized and  independent trust administration services for high-net-worth individuals and families, including regional privately held businesses owners, foundations, family offices, and charitable organizations.

Magnolia Trust Company is one of 15 state-chartered trust companies in Tennessee, and it is the only Tennessee-chartered trust company that was founded on the expertise of seasoned certified public accountants and attorneys. Magnolia offers high levels of skill attained from its founders’ experiences over decades in tax accounting, law, and trust services. Magnolia is also unique in focusing solely on trust administration to provide independent, objective guidance and management, and thus does not serve in the area of investment management.

Magnolia Trust Company takes a client-centered approach to helping individuals and families achieve their aspirations and create long-lasting legacies. The team works with clients’ investment managers, CPAs, legal counsel, insurance professionals, valuation consultants, bankers, and other advisors to provide strategic, coordinated collaboration and holistic trust administration. As independent advisors, Magnolia works alongside the client’s existing team of advisors to develop and execute dynastic trust planning strategies with an emphasis on tax planning.

“At Magnolia, we provide clients with thoughtful, transparent services,” said Rhett Zeigler, vice president and director of fiduciary services. “Chartered in Tennessee, one of the country’s leading trust jurisdictions, Magnolia is well-positioned to advise clients on its unique trust and tax advantages and compliance requirements. We know our clients are successful and practiced a lifetime of hard work and fiscal responsibility. As a fiduciary, we have one goal: we place client interests above all else, preserving legacies for generations to come.”

Located in the Volunteer Building at 832 Georgia Avenue in Suite 410, Magnolia Trust Company is open Monday through Friday. Those interested in learning more can visit MagnoliaTrust.com or call 423-443-4777.

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 MagnoliaTrust.com.

About Moore Colson CPAs and Advisors

As one of the largest accounting and advisory firms in the U.S., Moore Colson is the business advisor of choice for companies seeking thoughtful financial and strategic guidance. Since 1981, family-owned businesses and Fortune 500 corporations alike have trusted Moore Colson CPAs and Advisors with their accounting and consulting needs. Moore Colson uses a true partnership model, which means every client has access to an entire team of experts. A nationally-recognized and award-winning firm, Atlanta-based Moore Colson has the experience and personal touch to shape futures and help companies grow. Learn more at MooreColson.com.