BEYOND YOUR EXPECTATIONS
Our Client is Our First Priority®
Strengths of Nevada Trust Company
Since it was founded in 1995, Nevada Trust Company (NTC) has served a wide range of sophisticated and demanding institutional, trust and individual clients. The expertise of our people allows us to provide our clients with financial advice, integrated solutions and intelligence rarely available from one source. The core of our strength is our people. Our powerful resources have been acquired from substantially larger institutions and are wrapped by the delivery of services that emphasize the human scale of our business. We have performed strongly during, and emerged even stronger from, the financial crises that have challenged our country. The financial services and investment performance we provide to clients has been and continues to be superior.
We believe that we are redefining our category in the financial services industry by applying breakthrough solutions to strategic transactions and relationships and by offering innovative strategies that result in new opportunities for our clients.
Peter Kingman, a 20-year veteran of Northern Trust Company, established Nevada Trust Company in February 1995 as a Nevada corporation created to provide market leading trust and investment management services to a specific, fast growing demographic segment of the population in Las Vegas. As Nevada Trust Company grew, we expanded to serve clients across the United States and internationally. Concurrent with our growth, Nevada has become recognized as the leading domestic situs for asset protection trusts and an attractive corporation domicile.
NTC’s demonstrated competencies combined with its Nevada location have transformed Nevada Trust Company into a service provider with a national focus and an increasingly large number of clients seeking wealth management solutions in a location offering advantageous privacy, enlightened asset protection and favorable tax statutes.
Nevada Trust Company differentiates itself in the following ways:
Clients Work Directly with the Owners
Nevada Trust Company has a flat organization to encourage direct and frequent contact with clients. We do not utilize call centers or sales people. The owners of Nevada Trust are actively involved in all client relationships.
Complex Asset Administration and Management
Virtually all investment firms, such as broker-dealers and RIAs, will by policy handle only conventional assets including cash, stock and bonds. Unlike NTC, many do not have the interest, expertise, systems or personnel to administer complex assets such as real estate, investments in closely-held companies and private collections in addition to conventional assets. Similarly, many competitors in the trust industry are increasingly reluctant to work with these more complex assets and therefore do not offer such services to their clients.
Advantageous Cost Structure
Due to its low overheads and efficient operations, Nevada Trust Company can profitably engage with smaller clients that many direct competitors are steadily eliminating from their client lists. Nevada Trust Company serves the market as a whole, and provides an intense level of customer service at lower cost to clients.
Broad Management Experience and Expertise
Nevada Trust Company’s management offers a wide range of backgrounds with extensive experience across various industries and geographies. These diverse backgrounds allow us to effectively engage in assisting clients in resolving problems ranging from issues such as legal disputes to managing significant ownership positions in closely-held companies, creating corporate finance solutions, providing venture capital counsel and involvement as well as complex property issues, to name only a few. Most competitors have personnel who have worked solely in banking and/or the trust industry and are thus not always able to provide a broad perspective to assist clients with their diverse, complex investment, asset management, or business needs.
Since Nevada Trust Company is entirely independent, management has the freedom to establish strategic relationships with firms offering unique products and services not available to the public. Such services range from investment portfolios focused on top quintile, actively-managed investment management partnerships to asset protection and tax planning services. NTC associates with the best-in-the-business rather than being captive to its own in-house services.
Peter H. Kingman, President
In addition to serving on the Board of Directors and managing NTC, Peter is the firm’s chief investment officer, investment analyst, researcher and strategist, leveraging a 47-year career in investment management, trust, corporate finance and banking. Previous to founding NTC, he held various management and executive positions during a 20-year career with Northern Trust Company in Chicago, New York and London. Currently he supports Ducks Unlimited as a member of the Finance Committee and Co-Chairman of the Investment Subcommittee. He is also presently Trustee and Treasurer of the Desert Wetlands Conservancy, Las Vegas, and Advisory Director and member of the Endowment Committee, Personnel Committee, and Finance Committee for the Nevada Ballet Theatre. Master of Management, Kellogg School of Management, Northwestern University; Bachelor of International Management, Thunderbird School of Global Management; and Bachelor of Business Administration, University of Colorado. Certified Financial Planner™.
James M. Kriss, Vice President
In addition to serving as Secretary of Trustar and NTC, James manages the administration of all accounts at NTC including the execution of trades, management of cash flows and reporting and compliance. He sits on the Trust Investment Committee and Trust Administrative Committee. He is very active in investment research and selection. His 27-year career in trust and banking in Las Vegas includes seven years as a trust administrator at Wells Fargo, where he managed up to 530 trust accounts in various states across the western U.S. Previously, he was assistant manager responsible for all tellers including training, branch reporting, and audits. He previously was a lead teller in retail banking at First Interstate Bank. Bachelor of Business Administration, University of Nevada Las Vegas. Graduate of Cannon Financial Institute. Awarded the Certified Trust Financial Analyst (CTFA™) designation by the American Bankers Association.
Board of Directors
Peter H. Kingman, Director and President:
In addition to serving on the Board of Directors and managing NTC, Peter is the firm's chief investment officer, investment analyst, researcher and strategist, leveraging a 47-year career in investment management, trust, corporate finance and banking. Prior to founding NTC, he held various management and executive positions during a 20-year career with Northern Trust Company in Chicago, New York and London. Currently, he supports Ducks Unlimited as a member of the Finance Committee and Co-Chairman of the Investment Subcommittee. He also serves as Trustee and Treasurer of the Desert Wetlands Conservancy, Las Vegas and Advisory Director and member of the Endowment Committee, Personnel Committee, and Finance Committee for the Nevada Ballet Theatre. Master of Management, Kellogg School of Management, Northwestern University; Bachelor of International Management, Thunderbird School of Global Management; and Bachelor of Business Administration, University of Colorado. Certified Financial Planner™.
Joseph Mazon, Independent Director
Joe spent the past 20 years working for MetLife in various roles. In his latest role as Senior Vice President and Head of MetLife Investment Management’s Institutional Solutions Group, his team was responsible for supporting the separation of Brighthouse Financial from MetLife. He assisted the Brighthouse investments team in creating its asset management and portfolio strategy processes, including new product design and pricing, developing and implementing investment guidelines, macro allocation, investment strategy, and portfolio construction. Previously, he was Head of Investment Grade Trading and the Portfolio Manager for the U.S. investment grade portfolio at MetLife. He also served as Senior Portfolio Manager and Strategist of Portfolio Management wherein he was responsible for asset allocation, and allocation of capital and management of more than $300 billion of assets, including fixed income securities, commercial and agriculture loans, equity, real estate, alternative investments and derivative instruments. Prior to joining MetLife, Mr. Mazon worked for CIGNA Investment Management for approximately 8 years, where he was a portfolio manager and trader. He devotes his efforts in support of outdoor conservation organizations by serving as board member, finance committee member, investment co-chairman and investment chairman for Ducks Unlimited, Inc., Ducks Unlimited Canada and serves on the board of the Camp Fire Conservation Fund. M.B.A. from the University of Hartford in Investment Finance; Bachelor of Arts degrees in Finance and Marketing from Central Connecticut State University.
Carolyn M. Sparks, Independent Director
President and co-owner of Insurance Services, Inc., a Las Vegas company. Ms. Sparks founded with her husband Kenneth, who is now deceased, in 1966 to serve as insurance adjuster in assessing property damage, risk, values, and liability, and compiling analyses affecting insurance rates and settlements utilizing professional research, data and information relating to property values, often in conjunction with legal experts in support of a party to litigation. She has served the Las Vegas community on many business, community and non-profit boards, which at present include the Nevada Ballet Theatre, the UNLV Foundation, and the Black Mountain Institute. She was a director of Southwest Gas Company for more than 20 years, including the board of its subsidiary PriMerit Bank, and the Showboat Hotel and Casino for 9 years. Ms. Sparks has served on Nevada's Board of Regents, which governs the Nevada System of Higher Education, and the State of Nevada Taxicab Authority Board. Bachelor of Science in Speech Communication, University of California at Berkeley.
David H. Thorson, Independent Director:
As the Center Director for the USO in Las Vegas, David is responsible for three USO Centers, development activities and a Pathfinder team that assists active duty military transition to civilian employment . Previously David managed his own consulting company where he provided interim C-Level services to several small and mid-sized companies, including serving as CFO and CMO for Nevada Trust Company and its parent company, Trustar Corporation, from 2010 - 2017. His career includes 29 years of diverse senior management, marketing, finance and business development experience, with particular expertise in evaluating and developing new business opportunities and managing complex relationships. He held management and executive roles at Ford Motor Company and Hewlett-Packard, as well as executive roles at three start-up companies in operations, finance, marketing and sales. Throughout his career he has lived or worked in seven countries. Immediate Past President of the Las Vegas Rotary Club, Past-President of the Las Vegas Thunderbird Alumni Chapter and Past Trustee of Verde Valley School, Sedona, AZ. MBA from Escuela Superior de Administracion y Direccion de Empresas in Barcelona, Spain; Master of International Management from the Thunderbird School of Global Management; Bachelor of Science in Finance and Economics, University of Arizona.
Eoin Treacy, Independent Director
Eoin is a career analyst, fund manager, consultant, writer, strategist, commentator and lecturer. As CEO of FullerTreacyMoney, a global investment strategy service focused on institutions, his clients include sovereign wealth funds and a wide range of family offices. His book Crowd Money, A Guide to Macro Behavioural Technical Analysis, was a bestseller in the UK and has recently been translated into Mandarin for the Chinese market. He acts as co-fund manager for the UK-based FP WM Global Corporate Autonomies Fund, the strategy of which is based upon the investment tenets described in Crowd Money. Additionally Mr. Treacy serves as Investment Director for Exponential Tech Investor, a UK-based investment strategy service concentrating on opportunities in the rapidly evolving technology sector. He is widely regarded for his encyclopaedic knowledge of asset classes, sectors and thematic investing. He has appeared on CNBC, CNN, Bloomberg TV, NDTV Profit, and Reuters India. He has been quoted in the Wall Street Journal and is a regular keynote speaker at the Contrary Opinion™ Forum. He was awarded an Extraordinary Ability green card in 2015 based on the merits of his investment record. He is delighted to now call Los Angeles his home. Bachelor’s degree in Philosophy from Trinity College, Dublin, Ireland.