Virginia Business Recognizes Three from Towne!
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TowneBank is excited that three of our Towne family were recognized by Virginia Business with the Forty Under 40 Awards – Meredith Elliott, JT Hasty, and Nirali Trovato. Here is how Virginia Business describes the honors: “From entrepreneurs and executives to public servants and community leaders, these rising stars are redefining success – not just in their careers, but in the collective impact they make every day. Virginia Business is proud to debut our inaugural statewide Forty Under 40 Awards, recognizing 40 outstanding professionals under the age of 40 who are making waves across the commonwealth. Selected for their career accomplishments, community engagement, and commitment to inspiring positive change, these honorees represent the future of organization leadership in Virginia.”
Here are some excerpts from the Virginia Business article about our honorees:
Meredith Elliott, senior vice president and LEAD program manager
Elliott leads employee engagement and internship strategy at TowneBank, including the LEAD Program, a management development program for young professionals. A two-time graduate of Virginia Tech, Elliott is involved with the Riverside Hospital Foundation’s Smithfield campaign and the United Way of South Hampton Roads.
How I give back: I have been fortunate enough to volunteer with organizations through the years like Roc Solid Foundation building playsets for pediatric cancer patients, United Way Day of Caring events, and the Salvation Army’s Angel Tree distribution.


JT Hasty, account executive, Towne Insurance*
A Chesapeake native who earned a sports management degree at Virginia State University and an MBA from Regent University, Hasty worked his way up from a teller at TowneBank to his current position with the bank’s insurance arm. Hasty is very active in civic organizations, serving as treasurer of the Urban League of Hampton Roads’ young professionals and a board member of the YMCA of South Hampton Roads, Children’s Harbor, and Link of Hampton Roads.
How I give back: Most recently, I’ve started a nonprofit by the name of Father’s United, where I want to help fathers in the Hampton Roads area with life skills and financial workshops.
Nirali Trovato, senior vice president, Towne Wealth Management, Financial Advisor, Raymond James Financial Services^
A George Mason University alum, Trovato joined TowneBank as a senior vice president and adviser, having worked for Cary Street Partners for a decade as a financial adviser. Outside of work, she volunteers with the Greater Norfolk Corp.’s mentorship program and local United Way Women United events, assisting people in need. She also is on the board for the Youth Justice Center, which offers legal representation and guidance for young people.
Greatest professional accomplishment: The privilege to serve as an adviser for individuals and families while they navigate complex financial decisions.

Congratulations Meredith, JT, and Nirali! Your Towne family is proud of you.
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2024 Virginia Business 40 under 40
The Virginia Business 40 under 40 Awards are presented to select professionals under 40 years old, who are employed in the state of Virginia. Winners are recognized based on their professional accomplishments, community service and commitment to inspiring change. Over 200 nominees were considered and 40 were recognized. The nominations were vetted by a panel of judges, including editors at Virginia Business. This ranking is based upon the period from 1/1/2024 to 12/31/2024 and was released on 3/3/2025. This ranking is not based in any way on the individual’s abilities in regard to providing investment advice or management. The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of an advisor’s future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. Virginia Business is not affiliated with Raymond James.
^ Raymond James is not affiliated with the above organizations.
^ Towne Wealth Management and TowneBank are not registered broker/dealers and are independent of Raymond James Financial Services, Inc. Investment advisory services are offered through Raymond James Financial Services Advisors, Inc. Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC, and are not insured by bank insurance, the FDIC or any other government agency, are not deposits or obligations of TowneBank, are not guaranteed by TowneBank, and are subject to risks, including the possible loss of principal. Headquarters: 5806 Harbour View Boulevard, Suite 202, Suffolk, VA 23435 (757) 638-6850.
* Insurance products offered through Towne Insurance, a subsidiary of TowneBank, are Not bank deposits or obligations, Not FDIC-Insured, and are Not guaranteed by TowneBank.