Great Gray

About

Great Gray Trust Company's story is one of evolution and specialized expertise in the financial sector. While the brand 'Great Gray' was officially launched in 2023, its roots run much deeper, originating as the Collective Investment Trust (CIT) division of Wilmington Trust, N.A. For nearly two decades, this division built a reputation for fiduciary strength and operational excellence, serving as a critical partner to asset managers and retirement plan sponsors. The pivotal moment in its journey came when the division was acquired by Madison Dearborn Partners, a private equity firm, allowing it to spin off into an independent entity. Rebranded as Great Gray Trust Company, the firm emerged with a renewed focus and agility, dedicated solely to the administration and trustee services of CITs. Today, Great Gray manages over $210 billion in assets and continues to innovate with technology-driven solutions like its 'BoardingPass' platform, aiming to modernize and simplify the retirement planning ecosystem for advisors and their clients.