Women-led financial advisory firm receives charter, breaks new ground

Newly formed Adelphi Trust Co., based in St. Petersburg, is the only Florida company of its kind founded, managed and owned by women.

By Business Observer Staff
| 3:40 p.m. August 19, 2022
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Adelphi Trust's leadership team: Julie Johnson, COO; Katie Pemble, co-founder and CEO; Gentry Barnett Byrnes, co-founder and chief fiduciary officer; and Alan Stegeman, chief compliance officer. (Courtesy photo)

Tampa Bay-Lakeland

Adelphi Trust received its charter from Florida Office of Financial Regulation on Aug. 12 at its office in St. Petersburg, officially making it the only trust company in Florida to be founded, managed and majority-owned by women. The firm will provide a range fiduciary services to clients, including investment management, wealth strategies, estate settlement, trust administration and legacy planning.

“The demographics of wealth are changing dramatically nationally and in Florida, and the pace of that change is projected to increase exponentially over the next 20 years,” co-founder and CEO Katie Pemble states in a news release. “At Adelphi, we’re dedicated to personalized planning and attention to every client. Everyone deserves to have a well-designed and documented plan, which is what motivated us to create a new industry leader in this space.”