George P. Brown CLU, ChFC
Chief Marketing Officer

Dr. George P. Brown Ph.D. TEP is Executive Vice President and Chief Marketing Officer of Summit Trust Company. He holds designations and registrations including CLU, ChFC, RIA and RFC. He graduated from the U. S. Merchant Marine Academy in Kings Point, New York in 1956 (B.S. in Mechanical Engineering), and performed graduate studies at Hofstra University in Accounting and Finance and his Doctor of Philosophy at Logos University in Management and Leadership.

He entered the securities industry in 1959 after three (3) years as a project engineer in the Defense Industry. He became involved in evaluating firms for “initial public offerings” and ultimately taking them public. In 1962 he became involved in performing cost studies in the medical/hospital industry, which eventually led, from 1965 to 1972, to becoming part of the merger and acquisition team at Narco Scientific Industries, Inc. His role was to scout for and evaluate potential corporate acquisition candidates for the company, in medical electronics, surgical products manufacturers, aviation electronics, and marine technologies.

In 1972 Dr. Brown was recruited by a major Philadelphia bank, to direct the marketing efforts of the Bank toward high-end retail clients, including trust and estate planning services. He also created a Corporate Services program to provide cash management services, commercial lending and investment banking services to small and medium sized businesses in the southeastern Pennsylvania market, which ultimately culminated by 1986 in several billion dollars of commitments and investments, and over $2 billion in ongoing deposit relationships.

Part of the investment banking relationships required that Dr. Brown establish an NASD/SEC registered broker/dealer on behalf of the Bank. In 1986 Dr. Brown negotiated with the Bank to run the broker/dealer independently and left to also establish Brown Investment Advisors, Inc., federally registered with the Securities and Exchange Commission.

He has owned and operated two NASD Registered Broker/Dealers, and was at one point a Branch Manager of an Office of Supervisory Jurisdiction for another independent registered broker-dealer.

For the past twenty-two years, he has been actively involved in choosing money managers for both his personal high net worth clients and for his institutional clients. Most of these managers are large organizations and operate in the conventional manner of traditional, long equity portfolios.

Dr. also has a national reputation in the field of charitable trust administration and design of planned giving programs for charities. He is Chairman of the Board of the Trust Counselors Network, Inc. and serves on the Boards of the Dialogue Institute/JES; and Logos University.