Michael G. Crofton, President and Chief Executive Officer, manages equity and fixed income portfolios for individuals, foundations, endowments, Taft-Hartley plans and public and corporate pension plans.
Prior to founding The Philadelphia Trust Company he was a Vice President, Senior Portfolio Manager and member of the portfolio review committee at Rittenhouse Financial Services, Inc. He also served as a Senior Vice President of the United States Trust Company where he managed mutual funds, institutional and individual assets and oversaw the trading, portfolio management and analytical staffs. Mr. Crofton serves on numerous corporate and eleemosynary boards including J. J. White Inc, Saucon Mutual Insurance Co., The James Madison Institute of Princeton University, The Witherspoon Institute and The Faith and Reason Institute. He also serves on the Board of Catholic Social Services is Chairman of the Investment Committee of the Archdiocese of Philadelphia and sits on the Archdiocese Finance Council.
Mr. Crofton lectures widely on fiduciary issues and is frequently interviewed on radio and television. He is a Papal Knight having been awarded the Order of the Holy Sepulcher and the Order of Malta by the Vatican. He is a graduate of Lehigh University and resides in Laverock, Pennsylvania with his wife and five children.