Trust Investment Advisors

Investment Advice You Can Trust


Experienced, Innovative

Investment Management for Individuals, Institutions

& Financial Consultants

With A Personal Touch



Larry K. Pitts, 1938-2017


Our beloved founder, Larry K. Pitts, passed away on August 8, 2017. He founded Trust Investment Advisors in 1987 and he was the one constant at TIA. In addition to being a mentor and boss, Larry was a wonderful friend to all of us. We never tired of hearing his stories from his days as a high school and college basketball player – a renowned career putting him in the Indiana Hall of Fame -- a participant in Dodger baseball camp, his fascinating tales of growing up in Vincennes to his path-breaking career at American Fletcher National Bank (now Chase).. He was a stranger to no one in Indianapolis and particularly well-known in the investment arena. In addition to his business career, Larry engaged the broader Indianapolis community where he served on the Board of Directors of numerous charitable organizations.

While this is a very sad time for all of us here at TIA, we will continue Larry’s legacy of successful and creative investment management.

Susan Callan Pitts

Owner and Chairwoman of the Board

J. Ron DeLay

President and CEO
Manager of Preferred Securities

Prior to joining TIA in 2012, Ron spent 15 years in the mortgage industry where he was President of Common Cents Mortgage Company subsequent to being Vice President of Indiana Mortgage Funding where he specialized in residential mortgages.  He was the past director of the Indiana Mortgage Brokers Association.  Prior to entering the mortgage banking business he managed the family farm in Central Iowa.

Ron earned his BBA in Finance and BS in Economics degrees from Iowa State University.

G. Michael Prugh, CPA

Senior Vice President
Chief Financial Officer & Chief Investment Officer

Mike joined TIA in 1992 and, in addition, serves as the Chairman of the Investment Policy Committee.  Previously, he served as First Vice President of Ryan Beck & Company where he provided consulting and financial analysis for clients in the financial services industry.   He served as Senior Vice President and Chief Financial Officer of First National Bank of Logansport and was Chairman of the Asset Liability Committee.

He is a member of the American Institute of CPAs, the Indiana Society of CPAs and the Indianapolis Bond Club.

Mike graduated from Miami University, Ohio with a BS Degree in Business Administration.  He received a Master of Business degree from Indiana University and has a graduate degree in Banking from the Stonier Graduate School of Banking.

Jon Atkins, TIA Chief Compliance Officer

Jonathan M. Atkins

Vice President
Chief Compliance Officer

Jon joined TIA in 2011 and serves on the Investment Policy Committee.  After 2 years of service in the US Army, Jon was an audit supervisor with Ernst & Ernst (currently Ernst & Young) where he received his CPA designation.  Subsequently, he was the assistant treasurer and controller and later an account representative with City Securities Corporation.  While at A. G. Edwards & Sons he was the assistant branch manager and a designated BOM.  He co-founded Indiana Merchant Banking & Brokerage Company where he served as Secretary/Treasurer, Financial and Operations Principal (FINOP),and Registered Options Principal (ROP).  In addition, he was the assistant controller of a closely-held nationally exposed company making frozen desserts and the controller of an Indianapolis IT company.

Jon graduated from the Wharton School of Business at the University of Pennsylvania where he received a BS in Economics degree.

Dawn Slaughter, TIA Manager of Equity Trading

Jessica E. Carson

Assistant Vice President
Client Services Manager

Jessica has served in this position since 2002.  Previously, she served as Executive Assistant to the Head of the Audit Division of Arthur Anderson.  In addition, she served as Senior Secretary of Internal Audit and as Security Administration Specialist at Golden Rule Insurance.

Jessica is the contact person to assist clients in establishing an account, completing agreements and necessary contracts,  personal account withdrawals and/or deposits,  IRA RMD’s as well as account related questions.  She is the primary link to our account custodians.

Jessica received her BS degree in Human Resources and Business Management from Indiana University.

Jessica Carson, TIA Manager of Client Services

Dawn E. Slaughter

Assistant Vice President
Manager of Equity and Call Options Trading

Dawn became associated with TIA in 1990.  Previously, she worked as an Administrative Officer at the Chicago investment advisor firm of Chauner, Graver & Associates  and subsequently joined American Fletcher National Bank & Trust Company where she was a Senior Investment Associate.  Dawn is a key member of the Covered Call Option team.

Dawn received a BS degree in Social Services from Taylor University and has  her Series 65 designation as an Investment Advisor Representative.


Ann Mathews

Assistant Vice President - Investment Officer

Ann joined TIA in 2011 as a Securities Trader and currently specializes in trading preferred stocks.  She has been a part of the financial industry since 1986.  Ann held various positions with Amerus Insurance Company and its subsidiaries in Des Moines, Iowa as a Financial Services Representative where she obtained her Series 6 and 63 designations.  After moving to Indianapolis, Ann gained additional financial experience as a Loan Officer with a local mortgage company.