Fiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a dynamic and collaborative approach to managing wealth for high-net-worth and ultra high-net-worth individuals and families family offices endowments foundations and institutions. Unlike other firms our investment managers tax and estate planning professionals work together to develop holistic strategies to optimize clients portfolios while mitigating the impact of taxes on their wealth. As a fiduciary the guidance we provide is always in the best interests of our clients without conflict or competing benefits. We offer boutique customization and deep expertise in specialized investment tax and planning strategies alongside sophisticated technology and custody platforms.

Fiduciary Trust International is owned by Franklin Templeton a dynamic firm that spans asset management wealth management and fintech giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents youll get exposed to different cultures people and business development happening around the world.

Relationship Associate (Investments)

Fiduciary Trust International is hiring a Relationship Associate (Investments) to join our New York City office on a hybrid basis with three days in office. This investments-focused RA will join one of our market teams in NY and partner with Fiduciary Trusts Portfolio Managers and other Relationship Associates in managing the wealth and financial needs of our High-Net-Worth (HNW) clients. Associates interact directly with HNW clients and manage follow-up and ongoing client deliverables.

What are the ongoing responsibilities of a Relationship Associate

• Works with the firms Portfolio Managers on HNW family relationships and prospects including account administration preparing wealth projections preparation of cash flows fee reviews and preparation of PowerPoint presentations for client meetings.

• New Account Openings: reviews documents to begin KYC. Reviews account openings to determine proper administration of account state law requirements beneficiaries tax suits and fee analysis

• Reviews daily overdraft report to determine how to cure income overdrafts

• Initiates wire transfers discretionary principal payments currency transactions bill paying and gifts & contributions. Helps clients with their charitable gifts and confirming gift details

• Coordinates trust terminations and account closing

What ideal qualifications skills and experience would help someone to be successful

• Bachelors degree

• 2-5 years experience in financial services with client-facing experience

• Some investment management and/or trust administration knowledge preferred

• Basic knowledge of competitors desired

• Detail-oriented with the ability to multi-task and meet deadlines

• Effective interpersonal skills and relationship building skills

• Excellent oral and written communication skills

• Skilled in Excel Word and PowerPoint

Compensation: Franklin Templeton offers employees a competitive and valuable range of total rewardsmonetary and non-monetary designed to support their well-being and recognize their time talents and results. Along with base compensation employees are eligible for an annual discretionary bonus a 401(k) plan with a generous match and recognition rewards. We also offer a comprehensive benefits package which includes a range of competitive healthcare options insurance and disability benefits employee stock investment program learning resources career development programs reimbursement for certain education expenses paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the base salary for this position to range between $75k - $82k depending on level of relevant experience plus discretionary bonus.

Learn More: Click below links to learn more about our Firm

• Fiduciary Trust International LinkedIn Company Page
• The Story of Fiduciary Trust International

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