Growing Together
As the warmth of spring breathes life into the plains here in Oklahoma, a parallel awakening is unfolding in the world of corporate governance and technological innovation. At the forefront of this awakening is the Corporate Transparency Act (CTA), a regulatory attempt at transparency and accountability in the corporate world. This act aims to root out nefarious activities and cultivate trust among stakeholders by mandating the disclosure of beneficial ownership information. However, implementing such a monumental act demands attention from business owners. Read Kathryn Sawyer’s article to learn how this act might affect your business.
Although not new as a topic of discussion, the cognitive powerhouse that is artificial intelligence continues to reshape industries and revolutionize processes. Just as the changing seasons bring fresh perspectives, AI offers new insights into corporate data, enabling more efficient compliance with the CTA. Through advanced algorithms and machine learning, AI can sift through vast troves of information, identifying patterns and anomalies with unparalleled precision, as noted in Garrett Guinn’s article.
Yet, as regulations and technology march onward, your roof is only getting older. Our real estate team’s manager, Jim Bloomfield, offers you a spring-cleaning crossword checklist, providing the framework for your seasonal homeowner maintenance. You may not be aware that our real estate team maintains our trust-owned real property; our real property team is also continuously finding solutions for leaky roofs, clogged gutters, and aging appliances. If you have a problem, our real estate team has probably addressed it!
And while we are all contemplating the newness of the CTA, the changes that AI has brought to our world, and if the air conditioner is going to make it through this summer, we contemplate that spring is traditionally a season of hope. Audrey Hepburn once said, “To plant a garden is to believe in tomorrow.” Our business here at Trust Company has always been built on helping our clients plant gardens to beautify endless tomorrows. It continues to be an honor to assist you in planting the seeds today and advising you on how the garden we plant together today works to help your families and charitable interests tomorrow.
Michael Hopper, CFP®
President and CEO
(918) 744-0553