AdvisorTrust Board of Managers
NAZARENO REGALBUTO (RENO)
Nazareno Regalbuto, known as Reno, is a distinguished leader in the financial services industry. Currently serving as the CEO and President of AdvisorTrust, Reno previously held the position of Executive Vice President at PCS Retirement. With over three decades of experience, he has developed a robust background in financial management and strategic leadership.
Reno’s deep expertise in retirement planning and trust services underscores his unwavering commitment to providing exceptional financial solutions and guidance. Under his visionary leadership, PCS Retirement expanded its offerings and enhanced client services. AdvisorTrust, too, has solidified its position as a trusted partner in the financial advisory community.
Reno’s innovative approach and dedication to excellence have earned him respect and recognition as a highly influential leader in the industry. His legacy of innovation ensures that both PCS Retirement and AdvisorTrust will continue to thrive and lead in the financial services sector.
Before joining PCS and AdvisorTrust, Reno served as the national sales manager for retirement plan services at TD Ameritrade. In this role, he played an instrumental part in establishing and developing the institutional trust and custody business, growing it to over $17 billion in assets. His extensive experience also includes key roles at Wilmington Trust Company, where he managed new business development and trust operations.
Reno is a graduate of La Salle University and the Central Atlantic Trust School. He holds Series 7 and 63 Securities Licenses. His contributions have left a lasting impact on the industry, and his leadership continues to drive AdvisorTrust’s success. Reno’s dedication to innovation and excellence remains the cornerstone of his influential career in the financial services industry.
SCOTT DAVID
Scott David is a seasoned financial services executive with more than 35 years of experience spanning retail, retirement, intermediary, and institutional sectors. Currently the Chief Executive Officer at PCS Retirement as of March 2024, Scott is recognized for his transformational leadership and strategic vision.
He has held key leadership roles at T. Rowe Price and Fidelity, where he led initiatives in distribution, service quality, and digital transformation. Scott also serves on multiple boards, including Summit Maryland and ReSupply, bringing his expertise to various organizations.
MICHAEL COLUZZI
Michael Coluzzi is President & Chief Financial Officer at PCS Retirement, one of the nation’s largest independent and conflict-free retirement solution providers in the industry.
Mike oversees finance, tax, treasury, insurance, and internal information technology. He brings over 20 years of experience in business technology, application software and technology enabled services companies.
Over his career, Mike has served as CFO of several companies ranging in size from under $50 million to approaching $1 billion. Prior to PCS Retirement, he served as CFO of eOriginal, Revitas, Quintiq, Metrologic Instruments and Honeywell Scanning & Mobility. Each company experienced tremendous growth during his tenure.
Mike received his bachelor’s degree in finance and accounting from Franklin & Marshall.
KELLY DURANTE
Kelly Durante is Executive Vice President of Trust Operations at PCS Retirement and works to help mitigate risk by maximizing automation between PCS Retirement and AdvisorTrust, Inc.
Kelly has over three decades of experience in the financial services industry. She began her career at Merrill Lynch right out of high school and during her tenure at Merrill Lynch, she earned her Series 7 and 63 licenses. Kelly also worked for Paine Webber and Pan American Financial Advisors/Martin & Associates as a financial advisor. In addition, she also has experience running a third-party administration and recordkeeping firm as well as a portfolio manager and equity trader for the trust department at Hibernia National Bank, n.k.a. Capital One.
Prior to joining PCS, Kelly was Vice President of Business Operations/Client Delivery at FIS, f.k.a. SunGard Relius where she led strategic partnerships, support, training, education and helped launch their BPaaS offering.
THOMAS COTA
Thomas Cota is PTC corporate services/assistant legal counsel (PTC) for South Dakota Trust Company LLC (SDTC) and has worked at SDTC for over a decade. His primary responsibilities include providing regulatory oversight, compliance and corporate support services, as well as application and examination services for private and public trust company clients in South Dakota, Wyoming, and Nevada. He serves on a number of boards and committees of private and public trust company clients and assists with special projects.
Tom received a BBA from the University of South Dakota (USD), magna cum laude, double majoring in economics and political science and was a University Scholar. He participated in the University’s Honors Program, and wrote a Senior Honors Thesis entitled: “The Untold Story: How Sioux Falls Became a Major Financial Services Hub.” He graduated with honors from the USD School of Law where he was involved with the Trial Team and Law Review. He is a 2016 graduate of Leadership South Dakota.