Sanibel & Captiva Islands Chamber of Commerce members heard about the economic landscape from the eyes of Sanibel Captiva Trust Company. It’s Chief Investment Officer and Senior Portfolio Manager Craig Holston presented informational slides during the July business lunch Tuesday, July 12 at Sanibel Harbour Marriot Resort & Spa.
“We can expect moderate GDP growth in the country (from 2016-17),” said Holston. “Inflation should remain steady, while housing and industrial production continue to improve.”
Additionally, Holston discussed growing consumer spending and how national events, from the Kennedy assassination in 1963 to the Tsunami in 2011, effect the market. Holston joined the Trust Company in its infancy, following an extensive career on Wall Street as an institutional equities trader.
“It has been great to see the Trust Company grow,” said Holston, who serves on the boards of the Sanibel Police Officers’ Retirement Trust Fund and Sanibel Youth Soccer.
The Sanibel Captiva Trust Company is an independent trust company with $1.4 billion in assets under management that provides wealth management services including investment management, trust administration and financial counsel to high net worth individuals, families, businesses, foundations and endowments.
The firm is focused on wealth management services that are absolute-return oriented and performance driven. Each portfolio is separately managed and customized specifically to the client’s yield and cash-flow requirements. The Naples Trust Company and The Tampa Bay Trust Company are divisions of The Sanibel Captiva Trust Company.
Lunch sponsor Sanibel Captiva Community Bank has brought community banking back to the islands by creating an environment conducive to responsive, hands-on personal service. Decisions are made locally which makes them able to better relate to their customer’s needs.