Trevor Gary (Micruity)
Overview
Trevor Gary is a Canadian entrepreneur primarily known as the co-founder and CEO of Micruity, a financial technology company specializing in pension management solutions. Founded in 2017 in Toronto, Canada, Micruity focuses on connecting insurers, asset managers, and record keepers through a secure platform designed to offer lifetime income products in retirement benefit plans. Under Gary's leadership, the company has been recognized for its innovative approach to retirement income solutions by integrating annuity-related data management into existing financial systems. Micruity has successfully raised over $14.2 million in funding as of 2024 and has been named one of the most innovative fintech startups by CB Insights.
Recent Developments
In recent years, Trevor Gary and Micruity have continued to make significant strides in the fintech sector, specifically focusing on retirement income solutions.
- April 2024: Micruity launched a strategic collaboration with Broadridge to enhance retirement income adoption through technology, introducing new webinars and resources for financial planning.
- June 2024: The company raised $5 million in a Series A funding round, with investments from prominent firms like Prudential and TIAA Ventures, enhancing its infrastructure for accumulation annuities and non-guaranteed income products.
- September 2024: Micruity appointed Mike Westhoven as Head of Client Success, expanding its leadership team with experienced professionals from TIAA and Genworth.
- October 2024: Micruity was named one of CB Insights’ 100 most innovative fintech startups, highlighting its impact on pension management and retirement income innovation.
- March 2025: Trevor Gary will be speaking at industry conferences such as the Insurtech Connect in Las Vegas, further promoting Micruity's mission to transform retirement income solutions.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Trevor Gary |
| Born | Date and Place not specified |
| Nationality | Canadian |
| Occupation | CEO and Co-founder at Micruity |
| Known For | Co-founding Micruity |
| Education | McMaster University |
Early Life and Education
Trevor Gary pursued his higher education at McMaster University, which set the foundation for his career in financial services. While details about his early life and childhood are not extensively documented, his educational background, combined with professional experiences at Deloitte with the Pension Actuarial Team, significantly shaped his career trajectory. During his tenure at Deloitte, he gained valuable insights into pension management, which later inspired the foundation of Micruity. Gary's understanding of retirement security challenges and the need for innovative solutions led him to co-found Micruity, a company aimed at integrating advanced technology to modernize pension and retirement planning.
Career and Notable Achievements
Trevor Gary's career is highlighted by his entrepreneurial endeavors and leadership at Micruity.
- 2017: Co-founded Micruity with Chris Livadas in Toronto, focusing on creating a fintech platform to facilitate pension management and retirement solutions.
- Funding Milestones: Successfully raised over $14.2 million across multiple funding rounds, with strategic investments from leading financial firms like State Street Global Advisors and Franklin Templeton.
- Innovations and Awards: Under his leadership, Micruity introduced the Micruity Advanced Routing System (MARS™), facilitating data sharing between life insurers and asset managers.
Current Work and Impact
As the CEO of Micruity, Trevor Gary continues to drive the company's mission to enhance retirement security through innovative fintech solutions. His strategic vision aims to address the gaps in retirement savings plans by offering products that guarantee long-term income. Micruity has become a prominent player in the financial technology space, contributing to the evolution of retirement income planning by simplifying the integration of annuities into retirement accounts like 401(k)s.
Conclusion
Trevor Gary has established himself as a forward-thinking leader in the fintech industry. Through his work at Micruity, he has made significant contributions to modernizing retirement income solutions, ensuring greater financial security for retirees. As Micruity continues to expand its reach and technological capabilities, Trevor Gary's vision for the future of pension management promises to leave a lasting impact on the financial landscape, potentially transforming retirement planning standards across the industry.