Richard Trumpler
Contributor
Richard Trumpler possesses more than 40 years of experience within the banking
and financial services industry. Prior to joining New York Private Trust
Company, he was the CEO of the Banking Services Group at Concord Wealth
Management, an open architecture wealth management platform. Previously, he was Senior Vice President at Citigroup in New York City, where he
was the General Manager of the Trust Administration, Investments and Tax
Groups at Citigroup Trust. During his tenure at Citigroup, Mr. Trumpler also
acted as Director of National Sales for the trust division.
He assumed a progression of roles at Bank of Boston, including Regional Director of Private Banking in Maine, President/CEO of Old Colony Trust Company in Hilton Head, SC and President of Bank of Boston Florida. He began his career as a systems analyst for UNUM in Maine, before entering the brokerage and trust industries.
He is a graduate of the University of Rochester. Upon graduation, he entered the U.S. Navy flight program and became a naval aviator. In addition to his six years of active duty, he remained in the Naval Reserves, where he attained the rank of Captain prior to his retirement.
Trumpler predicted the 2012 wave of trust business in his article, "Riding the 2012 Trust Tsunami", and his subsequent articles include "Why Your Clients Still Need Trusts", "12 Reasons Why One Should NOT Appoint an Individual as Trustee", "Choosing a Professional Trustee for Personal Trusts: A Roadmap for Success", and "When it's time to choose the best trust jurisdiction, there is only one choice: DELAWARE."