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Market Street Trust Company, a shared family office providing comprehensive wealth management services, is pleased to announce that Kara Garner Pass has been appointed President and CEO. Ms. Pass will begin in her new role effective April 1st.
As President and CEO, she will work closely with the Board of Directors and senior leadership team to develop and shape Market Street Trust’s long-term client-focused strategic plan, as well as oversee all of its integrated wealth management services.
“We are thrilled to welcome Kara to the Market Street family,” said James Houghton, Chairman of Market Street Trust’s Board of Directors. “She is a dynamic, thoughtful and inspiring leader who has an outstanding track record of building strong teams, driving innovation and developing meaningful relationships with her clients. She intuitively understands Market Street’s mission and culture of client partnership under the shared family office model and we are excited for the next stage of Market Street’s evolution under her very capable leadership.”
Ms. Pass comes to Market Street from Ithaca, NY-based Tompkins Financial Corporation (TMP), a publicly traded financial holding company, where she was Managing Director and Senior Vice President of Tompkins Financial Advisors, the company’s wealth management arm. In that role she served as the trust, investment and wealth banking leader for the firm, managing a team of wealth advisors, trust officers and portfolio managers overseeing approximately $1.6 billion in assets.
In addition, Ms. Pass served as the Client Experience Team Leader for Tompkins Financial Advisors and the Innovation Team Leader for the holding company, where she was responsible for leading a cross functional team focused on identifying and implementing process and technology solutions to improve efficiency and performance.
Prior to her role at Tompkins she was Business Banking Team Leader at M&T Bank in Ithaca, where she drove considerable growth as one of the top performing relationship managers at the bank.
“Market Street Trust has an exceptional reputation achieved by the firm’s professional, dedicated staff and pure client alignment structure, which leads to deep and enduring client relationships,” Pass said. “I’m privileged and happy to be a part of it, to help guide Market Street Trust’s responsible growth model and ensure its long-term sustainability.”
Pass succeeds Marianne W. Young, who retired in January after 23 years at Market Street Trust, 20 of them as President and CEO.
Disclaimer:
This presentation has been prepared by Market Street Trust Company. The views expressed herein represent opinions of Market Street and are presented for informational purposes only. They are not intended to be recommendations or investment advice and do not take into account the individual financial circumstances or objectives of the investor who receives them.
Certain statements included in this presentation constitute forward looking statements. Forward looking statements are not facts but reflect current thinking regarding future events or results. These forward looking statements are subject to risks that may result in actual results being materially different from current expectations.
Past performance (before and after taxes) does not guarantee future performance. There is no assurance that Market Street Trust Company investments will achieve their objectives, or that they will or are likely to achieve results comparable to results shown herein, or will make any profit, or will be able to avoid incurring losses. Exposure to foreign currencies may cause additional fluctuation in the value of any investment. Each investor must assess the suitability of an investment, the investor’s tolerance for risk and the impact on the investor’s diversification strategy. This presentation does not constitute an invitation to buy or an offer to sell securities, or any other products or services.
This is intended as general information only. Investors maybe required to meet certain criteria under the securities laws in order to qualify for certain investments. Any discussion of U.S. tax matters is not intended and cannot be used or relied upon for the purpose of avoiding U.S. tax-related penalties. Please visit our website for additional information concerning Market Street’s investments and investment updates. As always, please feel free to contact us if you would like to learn more about our investment program.
