PHILADELPHIA, Penn. – Cumberland Trust, an independent corporate trustee serving clients in 48 states, today announced the opening of its newest office in Philadelphia, Pennsylvania. Its expansion comes at a time of growth for Cumberland Trust, who recently surpassed $3.3 billion in client assets under administration, and opened a new 27,000 SF headquarters space in Nashville.
Already, the company currently administers a sizable asset base across the Northeast, including Pennsylvania. Cumberland Trust’s new Philadelphia office signals its commitment to helping more advisors, individuals and families in the region.
“As Cumberland Trust continues to increase its presence in the Northeast, adding a Philadelphia office is a natural step for the company,” said Joseph K. Presley, Chairman, President and CEO of Cumberland Trust. “This space enables us to increase our capacity to meet demand from partners and clients in the region who appreciate our dynamic, personalized trust-focused capabilities.”
Headquartered in Nashville, Tennessee since its founding in 2001, Cumberland Trust also has offices in Atlanta, Austin, Dallas, Chattanooga, Knoxville, Memphis, Tampa-St. Pete and St. Louis. The newest office at 100 N 18th Street, Philadelphia, PA 19103, is Cumberland Trust’s 10th and northern-most location.
The Philadelphia office will have an eye on growth and making local hires to service the area. To contact Cumberland Trust’s Philadelphia office, call 267.529.6500.
Click here to see all of our office locations!
About Cumberland Trust
Headquartered in Nashville, Tennessee, Cumberland Trust is a trust services firm founded in 2001 to focus on families. As a trusted advisor, at Cumberland Trust we work with our clients’ accountants, estate planning attorneys, financial advisors and others to ensure that each family’s needs are met and that their values extend across generations. We achieve that with a team of individuals at Cumberland Trust who are the very best in the personal trust industry. From dealing with blended families, aging adults, special needs, or other modern dynamics, we have the experience to help clients and their advisors through difficult scenarios towards the goal of continued legacy.