Firm Continues Nationwide Growth with Plans to
Build a Southeastern Hub to Complement the Strength of Teams in
Florida and Washington, DC
Fiduciary Trust International, a global wealth manager and
wholly-owned subsidiary of Franklin Templeton, announces its plans
to open an office in Atlanta, GA in early 2022, after many years of
serving clients in this market. The office will be led by David W.
Edmiston, who has joined the firm as regional managing director for
Greater Atlanta.
“Atlanta has been on our radar for a long time as a promising
source of growth,” said John M. Dowd, chief executive officer of
Fiduciary Trust International. “With David’s leadership and deep
ties to the region, we couldn’t be more excited about expanding
into Atlanta and growing our team in order to advise and serve
clients throughout the Southeast.”
Mr. Edmiston will be responsible for creating a regional hub in
Atlanta which complements the strength of Fiduciary Trust
International’s teams in Florida and Washington, DC. He previously
worked with Wells Fargo and predecessor companies Wachovia and
First Union for 33 years. During that time, Mr. Edmiston held
relationship management and market leadership roles in commercial
banking and private wealth management, serving business owners,
entrepreneurs, corporate executives, family offices, and
endowments. He was most recently managing director of the Atlanta
regional office for Abbot Downing, now Wells Fargo Private
Bank.
“Fiduciary Trust International has a sterling reputation in our
industry for its expertise across all aspects of wealth planning. I
am proud to help more clients in this region benefit from the
customized services our teams can deliver,” said Mr. Edmiston.
“High-net-worth and ultra-high-net-worth clients, as well as family
offices and endowments, have complex needs and challenges that
demand deep, broad expertise closely aligned with a nimble service
offering. I believe that our clients, and their trusted advisors,
will appreciate the exceptional and differentiated experience at
Fiduciary Trust International.”
Mr. Edmiston earned his bachelor of arts degree from Wake Forest
University. He is actively involved in his community, serving on
the board of directors of the Atlanta-based Grady Health
Foundation. Mr. Edmiston’s previous Atlanta community leadership
roles include memberships on Covenant House Georgia’s board of
directors and the Atlanta Symphony Orchestra’s board of trustees.
He was also co-chair of the Woodruff Arts Center’s capital campaign
committee, and an annual volunteer for the Westminster Fund Parent
Campaign supporting The Westminster Schools.
As Fiduciary Trust International continues to focus on
strengthening client relationships and expanding its business in
the Southeast, its teams will draw on the strategies and advice
informed by the lessons learned from managing family wealth for
more than 90 years. The firm’s professionals possess a broad range
of specialized expertise, and take a holistic, multi-generational
approach to serving clients. Its teams utilize a suite of
interconnected planning, investment management, trust, estate, tax,
and family office services to help clients achieve their goals.
Clients also benefit from the strength and deep resources of
Fiduciary Trust International’s parent, Franklin Templeton, a $1.5
trillion global investment leader.
Taylor Custis, who is based in Atlanta and has nearly 20 years
of experience serving ultra-high-net-worth families, joined
Fiduciary Trust International in August 2021 as trust counsel and
senior relationship manager. She works with clients and colleagues
in the firm’s offices across the Mid-Atlantic region, including
Washington, DC and Radnor, PA. In addition, earlier that month,
Fiduciary Trust International announced that Paul Cummings joined
the firm in a newly created role—head of family office services,
foundations, and endowments—where he will manage firm-wide efforts
to deliver the suite of comprehensive offerings specifically
designed for these clients’ unique needs.
About Fiduciary Trust International
Fiduciary Trust International, a global wealth management firm
headquartered in New York, NY, has served individuals, families,
endowments and foundations since 1931. With over $98 billion in
assets under management and administration as of September 30,
2021, the firm specializes in strategic wealth planning, investment
management and trust and estate services, as well as tax and
custody services. The New York-based firm and its subsidiaries
maintain offices in Coral Gables, FL, Boca Raton, FL, St.
Petersburg, FL, Radnor, PA, Lincoln, MA, Los Angeles, CA, San
Mateo, CA, San Francisco, CA, Washington, DC, Wilmington, DE,
Reston, VA, and Atlanta, GA. For more information, please visit
fiduciarytrust.com, and for the latest updates, follow Fiduciary
Trust International on LinkedIn and Twitter: @FiduciaryTrust.
About Franklin Templeton
Franklin Resources, Inc. [NYSE: BEN], is a global investment
management organization with subsidiaries operating as Franklin
Templeton and serving clients in over 165 countries. Franklin
Templeton’s mission is to help clients achieve better outcomes
through investment management expertise, wealth management and
technology solutions. Through its specialist investment managers,
the company brings extensive capabilities in equity, fixed income,
multi-asset solutions and alternatives. With offices in more than
30 countries and approximately 1,300 investment professionals, the
California-based company has over 70 years of investment experience
and over $1.5 trillion in assets under management as of October 31,
2021. For more information, please visit franklintempleton.com and
follow us on LinkedIn, Twitter and Facebook.
Copyright © 2021. Fiduciary Trust International. All rights
reserved.
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Rebecca Radosevich: 212-632-3207
rebecca.radosevich@franklintempleton.com
Laura Simpson: 973-713-8834 lsimpson@jconnelly.com
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