The Central Trust Bank (Jefferson City)

Name: The Central Trust Bank
Address: 238 Madison Street, Jefferson City, MO, 65101
Telephone: 573-556-6813

The Central Trust Bank is a large advisory firm based in Jefferson City. It manages $785.8 million of regulatory assets for 27 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Missouri.

The Central Trust Bank provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

The Central Trust Bank: assets under management

The assets under management (AUM) of The Central Trust Bank is $785.8 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $670.63 million in discretionary accounts and $115.17 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $27.94 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $38.39 million.

The Central Trust Bank has custody of $647.2 million in cash and securities for 25 clients in total and acts as a qualified custodian.

Investments

The firm invests in government bonds the most. They account for 60% of the total AUM. The second-largest asset type is investment and business development companies, which make up 17% of the firm’s portfolio. Investments in investment grade corporate bonds form 14% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Central Trust Bank for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Donald Richard Perdue serves?

The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Donald Richard Perdue is state or municipal government entities with 4 clients and $305.15 million of assets under management. Among the 9 most similar advisory firms, The Central Trust Bank has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $785.8 million for 27 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

The Central Trust Bank doesn't advise any private funds.

Careers at The Central Trust Bank

The company employs 6 people that are either part- or full-time employees. 83 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Donald Richard Perdue has been acting as President since 1 Jan 2009. David William Roehl has served as the Chief Investment Officer since 1 Jun 2015. Joyce Hoskins joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Donald Richard Perdue	President	1 Jan 2009	Other	5633000
Michael Kevin Mccoy	Senior vice president, portfolio manager	1 Jan 2009	Other	1568116
Sam Bryan Cook	Partial owner	1 Jan 2009	Other	5633004
Steven Winston Cook	Partial owner	1 Jan 2009	Other	5633012
Sam B. Cook Revocable Trust	Partial owner	1 Jan 2009	25% - 50%	49-8141517
Mary Blair Sage Trust	Partial owner	1 Jan 2009	Other	xxx-xx-xxxx
Blair Family Trust	Partial owner	1 Jan 2009	Other	xxx-xx-xxxx
David William Roehl	Chief investment officer	1 Jun 2015	Other	6250206
Joyce Hoskins	Chief compliance officer	1 Mar 2016	Other	6741530

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Sam Bryan Cook	Trustee	1 Jan 1999	75% - 100%	5644898
Mary Blair Sage	Trustee	1 May 2002	75% - 100%	5638578
Mary Blair Sage	Trustee	1 May 2003	75% - 100%	5638578
Andrew Curtin Sage	Trustee	1 May 2003	Other	5645006

Based in Jefferson City

The principal office where The Central Trust Bank performs its advisory services is located at 238 Madison Street, Jefferson City, MO 65101, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 573-556-6813 or by fax 573-634-7813. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at centralbank.net/corporate-and-government/investment-services/registered-investment-advisors/.