Mathew Autterson studied finance at Michigan State University where he graduated with a bachelor’s degree in 1980. He then proceeded to Denver Graduate tax program before setting his career rolling at First Trust Corporation, a Fiserv subsidiary. After a short while working for the firm, Mathew left in 1982 and joined a team of like-minded individuals to charter a new Colorado state-chartered trust company. The new company that Mathew formed together with his team was a subsidiary of Integrated Resources, a New York-based company dealing in financial services. His hard work helped drive the business forward, and by 1986 he had risen to the ranks of the president of the Resource Trust Company.
Acquisition of Resource Trust Company
Matthew Autterson played an integral role in growing the company’s value and reputation, which attracted other large entities. Broad Inc., which later changed to SunAmerica Inc., acquired Resources Trust Company alongside the assets that were under the ownership of Integrated Resources Inc. in 1989. Later in 1998, SunAmerica was acquired by AIG at a whopping $18 billion. In May 2001, Fiserv acquired Resources Trust Company from AIG. Before its acquisition by Fiserv, Resource Trust Company was among the largest companies that were FDIC-insured, and state-chartered depository trust companies in the United States. The organization specialized in providing custodial and depository services to well over 200,000 clients. Financially, Resources Trust Company maintained an edge over its competitors. The group held more than $1 billion in deposits and $20 billion in custodial assets for high profile clients. The number of employees in the company is also grew tremendously, which pointed to its exponential growth. Find Additional Information Here.
Mathew’s Input in the Financial Industry
For over two decades, Mathew Autterson had significant contribution in the financial industry and was respected among his peers and industry players. He has held senior managerial, borad membership and executive positions in many companies. Mr. Autterson is a board member of the Falci Adaptive Biosystems. The company is a non-profit organization that helps individuals suffering from neuromotor disabilities by helping to increase their ability to interact with normal people in the environment. It has its main headquarters in Englewood Colorado and is not located anywhere else within and outside the United States. Being one of the top leads of the Colorado business community, FAB represents the current philanthropic gestures of Mathew Autterson since he had held various leadership positions with various boards including Denver Zoo, the Webb-Waring Foundation, and Denver Zoological Foundation. Autterson is also a member of the World Presidents Organization and Young Presidents Organization.