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Fiduciary Trust International Welcomes Matthew W. McKean as Wealth Director in Boca Raton Office
BENFranklin Resources(BEN) Businesswire·2024-01-03 14:00

Core Insights - Fiduciary Trust International has appointed Matt McKean as a wealth director in Boca Raton, enhancing its wealth management capabilities focused on high-net-worth individuals and families [1][2][3] - The firm has over $91 billion in assets under management and administration as of September 30, 2023, indicating a strong position in the wealth management industry [4] Company Overview - Fiduciary Trust International is a global wealth management firm headquartered in New York, serving individuals, families, endowments, and foundations since 1931 [4] - The firm specializes in strategic wealth planning, investment management, trust and estate services, as well as tax and custody services [4] Industry Context - The South Florida area has seen an influx of wealth and business relocation over the past decade, increasing demand for investment services, particularly in legacy planning [2] - The wealth management industry relies heavily on trust in client relationships, which is essential for long-term success [2]