TriState Capital
TriState Capital offers a comprehensive range of lending and liquidity solutions, focusing on personalized service and innovative financial products. Founded in 2007, it has grown rapidly, with assets exceeding $17 billion, and was acquired by Raymond James Financial, Inc. in 2022.
Services
TriState Capital offers a comprehensive range of lending solutions, specializing in Commercial Real Estate, Equipment Finance, Financial Advisor Solutions, Insurance-Based Lending, Middle Market Solutions, and Securities-Based Lending. Additionally, the bank provides liquidity solutions, including Family Offices Financial Services, National Deposits, and Treasury Management. Their branchless model focuses on delivering personalized, expert service.
History
Founded in 2007 to serve the middle market, TriState Capital has experienced significant growth. In 2009, it expanded by launching a Private Bank and went public in 2013. In 2014, the company acquired Chartwell Investment Partners, adding Asset Management to its portfolio. TriState Capital has been named by Fortune to its annual list of 100 Fastest-Growing Companies for three consecutive years and recognized by S&P Global Market Intelligence as one of the best-performing U.S. banks with $5B-$10B in assets in 2020. The bank was acquired by Raymond James Financial, Inc. in 2022.
Products
TriState Capital provides innovative deposit and liquidity products, such as money market deposit accounts, certificates of deposits, and FDIC-insured options like ICS and CDARS. They offer financing options including tax leases, operating leases, EBO leases, trac leases, capital leases, fixed rate term loans, floating rate term loans, and sale-leasebacks. Their full suite of payment fraud mitigation services includes check positive pay services, check payee positive pay, reverse check positive pay, check block, ACH block services, and ACH positive pay.
Sector
TriState Capital operates across multiple industry sectors, including transportation, manufacturing, industrial, construction, distribution & warehousing, commercial printing, healthcare, and renewable energy. The bank also provides specialized financial services tailored to property management and tenant escrow services, law firms, escrow agent services, M&A, settlement distribution services, specialized payment and transaction processors, and 1031 exchange services for qualified intermediaries.
Digital Platform
TriState Capital features a digital lending platform that offers 24/7 access, loan origination, loan servicing, and real-time relationship visibility. This platform is designed to provide customized solutions for financial advisors and their clients through industry-leading technology, ensuring efficient and transparent financial management.