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Houston Trust Company Announces New Chief Fiduciary Officer

·2 min read

HOUSTON, October 19, 2021--(BUSINESS WIRE)--Houston Trust Company is pleased to announce that Frances R. Marshall has joined the Company’s leadership team as Executive Vice President and Chief Fiduciary Officer. In this role, Frances will focus on establishing best and consistent fiduciary practices across the Company, managing fiduciary risk, and providing support, guidance, and training to Houston Trust Company’s team of 12 trust administrators. She will also chair the Trust Committee.

"We are so pleased and fortunate to have someone with Frances’ experience and ability to lead our fiduciary staff at Houston Trust," said President and CEO David R. Lummis. "We conducted a nationwide search for this position and enthusiastically welcome Frances to Houston."

Frances has more than 15 years of fiduciary management experience. Most recently, she served as Chief Fiduciary Officer at Wealthgate Trust in Las Vegas, Nevada where she oversaw all fiduciary activity as well as operations, finance, and compliance. A former practicing trusts and estates attorney, Frances also held leadership roles for U.S. Trust’s (now Bank of America Private Bank) Western Division and at Charles Schwab Trust Company in Henderson, Nevada. Frances holds a Bachelor of Arts degree from Northwestern University and a Juris Doctorate degree from the University of San Diego School of Law.

About Houston Trust Company

Houston Trust Company is the largest private, independent, full-service trust company in the state of Texas. Founded in 1994 by eight Houston families, the company has grown to serve approximately 350 relationships worldwide, all with roots in and ties to Texas, with more than $8 billion in assets under management.

As a true fiduciary, Houston Trust Company specializes in the transition of assets across generations, assisting families and individuals with estate and trust administration, management of multiple asset and property interests, and centralized management of their business affairs.

Houston Trust Company focuses on four highly personalized service areas: fiduciary administration of trusts and estates; independent, third-party investment and asset management; support services for charitable trusts, endowments, and foundations; and family office services.

For more information on Houston Trust Company, please visit the company’s website at http://www.houstontrust.com.

Houston Trust Company | 3737 Buffalo Speedway, Suite 200 | Houston, Texas 77098


View source version on businesswire.com: https://www.businesswire.com/news/home/20211019006188/en/


David R. Lummis, 713-651-9400
President & CEO

Claire Johnson, 713-651-9406
Vice President, Communications and Human Resources