ATLANTA and CHATTANOOGA, Tenn. — Magnolia Trust Company (Magnolia), a leader in independent trust administration serving high-net-worth clients across the Southeast, announced the opening of its Atlanta office, the company’s second location following its headquarters in Chattanooga.

The expansion to a second office reflects the company’s recent growth as well as confidence in the Atlanta market. Atlanta-based accounting and advisory firm Moore Colson CPAs and Advisors founded Magnolia in 2019 to provide trust services for business owners, foundations and high-net-worth individuals across the Southeast.

The Atlanta office is located at the Galleria Office Park in the Cumberland area. The company occupies part of the seventh floor of the 600 Galleria building, adjacent to sister company Moore Colson. The 3,400 square foot space features state-of-the-art technology to facilitate internal and external collaboration, while providing sweeping views of the surrounding area and extensive natural light to the interior workstations.

Additionally, Todd McMullen was recently named president and CEO of Magnolia. McMullen also serves as partner and vice chair of Moore Colson, and has been a Magnolia board member since the company’s inception.

“We are excited about the opportunity to expand our footprint to Atlanta as we see continued opportunity ahead in this high-growth market,” said McMullen. “Adding a second office provides us the proximity we need to continue to deliver Magnolia’s best-in-class services to our clients across the Southeast.”

Magnolia held an open house event where clients and guests were invited to tour the space. Many friends of the company joined the Magnolia team to toast the new location with a celebratory evening of food and drinks. Please visit our social channels to see photos here.

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.