
Hood Craddock
The Tampa Bay Trust Company, a division of The Sanibel Captiva Trust Company in Sanibel, Florida, has undergone a name change in celebration of the company’s 25 years in business this coming winter. All offices in Tampa Bay, Southwest Florida and North Carolina are now – Florida Trust Wealth Management.
“The name change reflects the company’s long-term stability and commitment to all of the communities it serves, and its strategic preparation for future growth,” said Hood Craddock, Director of Family Office Services at Florida Trust. “We established the local office in Cashiers in 2020 to serve as a meeting place for Florida-based clients and familiarize local residents and visitors with services the company has to offer for high-net-worth individuals, families, business owners and non-profit organizations.”
Today, the firm has more than $5 billion in assets under management, making it one of Florida’s largest, independent trust companies.
“Hood and I are honored to represent the company among our friends and neighbors of Cashiers and Highlands – the seasonal homes we have both enjoyed for decades,” said James McArthur, Executive Vice President, Family Office Services.

James McArthur
“Our silver anniversary was the ideal time to announce such an exciting change,” said Terence M. Igo, Chief Executive Officer. “We are celebrating 25 years of success by keeping to our culture: the same exceptional, friendly team members are here to care for our clients; our investment philosophy remains the same, and we are staying true to our roots – grounded in our commitment of serving clients as an independent firm with integrity and accountability. We look forward to continuing this journey as Florida Trust.”
The community will begin to notice branding updates to the company’s website, advertising and this fall, to the signs on their locations. As Florida Trust, the company is embracing its next chapter with the same values that built its success over the past 25 years. You can keep track of the changes by visiting floridatrust.com.
(Florida Trust Wealth Management’s fiduciary services may only be provided from their offices in Florida. Not FDIC Insured. Investments involve risk and are not guaranteed.)
Florida Trust Wealth Management is a state-chartered, independent trust company with more than $5 billion in assets under management that provides Family Office and Wealth Management Services, including investment management, trust administration and financial counsel to high-net-worth individuals, families, businesses, foundations and endowments.
The firm is focused on wealth management services that are absolute-return oriented, and performance driven. Offices in Sanibel-Captiva, Fort Myers, Naples, Marco Island, Tampa, Belleair Bluffs and Tarpon Springs.
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