Meet our Team’s Leaders

Bob Beriault
Chairman & CEO

Our Chairman and CEO, Bob Beriault, founded LT Trust with a vision of disrupting the small plan 401k market through disciplined low-cost processing, while offering competitive products, pricing and service in order to achieve excellent growth.

Bob’s experience in the trust industry dates to 1986 when he joined LT Trust Company as President and CEO. LT Trust had a rich heritage dating back to 1957. Bob led that company to become the largest privately held alternative asset custodian in the nation, before selling to Fiserv, Inc. in 1995. LT Trust subsequently merged with two other leading independent trust companies to become Fiserv ISS in 2004 with over $30 Billion in assets under administration and $2 Billion plus in deposits.

Fiserv Inc. later decided to divest its trust business as part of a corporate restructuring. Bob founded LT Trust in 2009 and purchased approximately $10 billion in custodian accounts from Fiserv to start the company. In 2012, LT Trust sold its self-directed IRA business to Pensco Trust and made a strategic decision to focus its resources to grow its 401(k) business. Over the course of the next year, LT Trust demonstrated its commitment to the business through its acquisitions of Fringe Benefit Administrators, Independent Pension Consultants, and an asset purchase of Benefit Solutions Corporation.

Executive Team

Burke Johnson
Executive Vice President and Chief Operating Officer

Burke Johnson is the Executive Vice President and Chief Operating Officer at LT Trust and serves as President and Chief Operating Officer of Plan Strategies, Inc., a retirement plan advisory firm that shares common ownership with LT Trust. He started his financial services career in 1999 with Great-West Financial (now Empower Retirement), where he held various marketing and product management roles. He joined LT Trust in 2007 as a Product Manager and has earned progressive responsibilities until assuming his current role in 2019. Burke holds a B.A. from Whitman College and MBA from the University of Denver.

Kathleen Smith
Senior Vice President of Operations

Kathi Smith is responsible for the Operations Department and Call Center for LT Trust which includes the processing and customer service for all 401k plans. Kathi has served in various management roles in financial services companies throughout 25+ year career.  Prior to LT Trust, Kathi held the position of Vice President, New Business at Jackson National Life Insurance Company for over thirteen years.   Her previous experience includes management experience at Comerica Securities and First of America Brokerage Services.

Kathi holds an MS in Management from Boston University and a Bachelor of Business Administration with an emphasis in Accounting and Finance from Western Michigan University.  She also held the following FINRA licenses:  4,7,24,27,53,63.

John Colvard
Senior Vice President of Client Services & Advisor Relations

John Colvard is Senior Vice President of Client Services & Advisor Relations at LT Trust and has executive oversight over the day-to-day client servicing and support of LT Trust’s national robo advisor partners, hundreds of independent advisor partners, and 4,600+ plan sponsors nationwide.  

Throughout his 30+ year career, John has held senior leadership positions with national banks, insurance companies, and independent third-party service providers.

John received his BA in Business Administration, with an emphasis in Management, from Fort Lewis College. Additionally, he received his Certified Retirement Service Professional (CRSP) designation in 1996, and held FINRA registrations (CRD# 1911744) 6, 26 and 99. He currently holds his Colorado Division of Insurance licenses (#530704) for Property, Casualty, Life, Accident, Health & Variable Products.

John DiFini
Vice President of Technology

John DiFini is VP of Technology overseeing Software Engineering & Operations.  He has over 20 years of experience wearing many hats including Software Architect, Technical Product Manager, Scrum Master/Agile Coach, and Fintech Evangelist.

The majority of John’s experience has been in the financial industry.  He started his career as a Software Engineer, developing advanced trading systems for the Chicago Board of Trade and Goldman Sachs.  Upon moving to Denver in 2005, John joined Fiserv ISS and has been working with trust accounting systems and recordkeeping systems ever since.  John joined Fiserv ISS as a Software Engineer and worked his way up through several trust companies as a Manager, Director, and finally as the VP of Technology for LT Trust.

Kim Gotham
Financial Controller

Kim Gotham leads the Accounting and Cash Management Department for LT Trust, which includes client billing and collections, AP management, and daily cash functions in response to client fund activity.  Kim is also responsible for preparing the company budget and forecast, financial reports, quarterly board meetings and submitting reports to the Colorado Division of Banking.

Kim entered the financial services industry with LT Trust Company in early 2013 and had previously held Accounting Management positions with CH2M Hill and Revlon, Inc.

As PSI’s Chief Compliance Officer, Kim is responsible for oversight of the firms Compliance Program.  Kim ensures that management and employees are in compliance with the rules and regulations of regulatory agencies, that company policies and procedures are being followed, and that behavior in the organization meets the firm’s Code of Ethics and Compliance Manual.

Kim holds an MBA in Management from Regis University and a Bachelor of Business Administration in Finance from New Mexico State University.