Truxton Trust

Truxton Trust

Truxton Trust was established in 2004 by Thomas S. Stumb and Andrew L. May. The firm originated from the personal capital and banking expertise of veteran Tennessee bankers who raised $20 million from regional families to start Nashville Bank & Trust. It functions as a multi-family office that delivers wealth management, private banking, and advisory services to high-net-worth families. The firm deploys capital across private credit, direct co-investments, fund of funds, and private equity. It maintains a dedicated Truxton Capital Advisors division that arranges junior debt facilities and senior debt placements. Confirmed activity includes debt financing for BasePoint Health Management expansion in 2022 and management buyout support for Sabino Recovery. Geographic focus centers on North America with primary activity in the United States. Ticket sizes typically range from $10 million to $50 million. Truxton Trust reports consolidated bank assets of $1.415 billion. The firm maintains a headquarters in Nashville and added multiple professionals in 2025, including Matt Winn as Vice President and Wealth & Tax Strategist in December and Jeff McGruder as Vice President of Truxton Banking in November. It sponsors the Nashville Symphony Association and serves as trustee for The Rich Foundation. Derrick A. Jones was named president in 2023. Truxton Trust maintains a hybrid structure that combines a regulated banking subsidiary with family office advisory capabilities. This architecture allows it to originate and hold private credit directly while providing fiduciary services under one parent company, Truxton Corporation.