Edit ModuleShow Tags

Optimism Helps Scott Wylie Weather Storms

Wylie started First Western Trust in 2002


Published:

Serial entrepreneur Scott Wylie opened his first bank in 1987 in Puerto Rico, successfully introducing the private banking niche to the area. Wylie later led the acquisition of Equitable Bancshares of Colorado, a Denver-based bank holding company with two subsidiaries, now known as Colorado Business Bank. He then opened Trust Bank of Colorado, which he sold to Northern Trust. Wylie served as CEO of that organization before starting First Western Trust in 2002.

When the recession hit, First Western was able to prosper, due in part to Wylie’s optimism and belief in First Western’s business model, which successfully integrated wealth management and private banking.

Wylie, who has a Harvard MBA, believes in staying connected to his more than 240 employees through weekly meetings with local office presidents, lunches with all new hires at orientation and town hall meetings to answer questions from the support teams. His commitment to staying connected with the people at First Western has made him an influential CEO at all levels of the company, which has recently opened two new offices.

Edit Module
Lisa Ryckman

Lisa Ryckman is ColoradoBiz's managing editor. Contact her at lryckman@cobizmag.com.

Get more content like this: Subscribe to the magazine | Sign up for our Free e-newsletter

Edit ModuleShow Tags

Archive »Related Articles

Leading the Charge in Commercial Real Estate Innovation for 130 Years

NKF/ARA Newmark was ranked as the #1 Denver-Area Commercial Real Estate Brokerage by total sales volume in 2017

A New Take on Employee Wellness for Working Parents

Colorado businesses can provide a refreshing and new level of employee wellness benefits by investing in a family’s educational health.

What to Do When Everyone is Competing for Talent

Given our increasingly low unemployment rate and competitive environment for winning top talent, it’s critical you both find and keep the people best able to help you succeed.
Edit ModuleShow Tags
Edit ModuleEdit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags