Mechanics Bank Trust Department
Mechanics Bank Trust Department is the wealth management and fiduciary unit of Mechanics Bank, headquartered in Walnut Creek, California. With roots dating back to 1905 and more than five decades of trust administration experience, the firm provides personalized investment management, trust, and estate services to individuals, corporations, and nonprofit organizations. Mechanics Bank employs a local boutique-style approach supported by disciplined financial expertise, serving clients throughout various stages of life and financial goals. The bank has a longstanding reputation for safety and soundness and serves as a professional trustee, executor, and fiduciary agent.
Investment Strategy
Mechanics Bank Trust Department utilizes a holistic wealth management strategy, addressing complex financial, legal, and tax needs while prioritizing prudent and impartial asset management. The team offers tailored solutions for retirement planning, investment management, and private banking, seeking to balance fiduciary responsibilities and client goals across diverse financial situations. Investments span publicly traded securities (including major ETFs), bespoke accounts, and trust assets, with disciplined risk management anchored in compliance and client instructions.
Top Holdings
Equity Positions (204)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
A AAPL | APPLE INC | 5.93% | $42.2M | 165,906 | $120.84 | $254.63 | +$764.6K |
M MSFT | MICROSOFT CORP | 5.21% | $37.1M | 71,689 | $68.39 | $517.95 | -$222.7K |
S SPY | SPDR S&P 500 ETF TR | 5.18% | $36.9M | 55,419 | $228.88 | $666.18 | -$777.2K |
G GOOGL | ALPHABET INC | 3.92% | $27.9M | 114,900 | $46.07 | $243.10 | +$7.3M |
I IWP | ISHARES TR | 2.71% | $19.3M | 135,359 | $105.33 | $142.41 | +$2.4M |