Bankplus Trust Department
BankPlus Trust Department is part of the Wealth Management division of BankPlus, headquartered in Ridgeland, Mississippi. It is a department within a regional bank offering trust, estate administration, and investment management services. The Wealth Management Group at BankPlus provides tailored wealth, fiduciary, and investment solutions to individuals, families, and institutions, working to manage, preserve, and grow wealth across generations. The organization emphasizes personalized service, local expertise, and disciplined, long-term planning, with a team of certified fiduciaries and advisors. Founded as part of BankPlus (est. 1909), the Trust Department reflects the bank’s expansion into comprehensive wealth management, serving clients mainly in the Southeastern US. The overall BankPlus Corporation employs over 800 people, with the Trust Department/Wealth Management division representing a specialized team within the institution.
Investment Strategy
The BankPlus Trust Department offers objective and independent wealth management, focusing on customized investment strategies tailored to clients’ individual goals. Their approach includes asset allocation across multiple classes depending on the client's needs, risk tolerance, and market conditions, with a disciplined, client-centered philosophy rooted in long-term partnership. The Trust Department also manages living, charitable, and testamentary trusts, corporate retirement plans, and estate plans, employing both active and passive investment vehicles (e.g., ETFs, mutual funds, direct securities). The investment process emphasizes capital preservation, disciplined growth, and transparent, low-fee offerings alongside personalized fiduciary oversight, seeking to grow and safeguard generational wealth.
Top Holdings
Equity Positions (451)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
I IVV | iShares SP 500 Index Fund | 23.87% | $89.2M | 133,227 | $589.08 | $669.30 | +$6.7M |
M MSFT | Microsoft, Corp. | 5.11% | $19.1M | 36,819 | $431.55 | $517.95 | +$2.2M |
A AAPL | Apple Computer Inc. | 3.29% | $12.3M | 48,269 | $250.42 | $254.63 | +$2.2M |
N NVDA | NVIDIA | 2.53% | $9.4M | 50,639 | $134.29 | $186.58 | +$1.2M |
J JHMM | John Hancock Multifactor Mid Cap ETF | 2.34% | $8.8M | 135,383 | $59.99 | $64.69 | +$1.1M |