Organization Continues to Grow its New York
Headquarters
Fiduciary Trust International, a global wealth manager and
wholly-owned subsidiary of Franklin Templeton, announces that
Kenneth J. Kito, CFP® has joined the firm as a wealth director
based in the New York office.
“Ken’s expertise and track record of producing strong results in
support of sales and growth goals will help us ensure consistent
communication about, and delivery of, strategies across equity,
fixed income, and alternatives,” said Anne Fitzpatrick Donahue,
regional managing director responsible for Fiduciary Trust
International’s New York office. “New York and the surrounding
markets comprise a vital region for our organization, and Ken is
exactly the type of focused and talented professional we look for
as we expand our office here.”
Mr. Kito joins Fiduciary Trust International from its parent
company Franklin Templeton, where he served as territory specialist
for retail U.S. distribution in Greater Philadelphia and New
Jersey. He came to Franklin Templeton via its acquisition of Legg
Mason in 2020. Mr. Kito held the position of assistant vice
president of U.S. distribution at Legg Mason Global Asset
Management, where he served as the dedicated point of contact for
clients across the national wirehouse industry as well as
independent wealth management firms. Earlier in his career, Mr.
Kito was a portfolio advisor at Merrill Lynch.
“Our offering aligns the key areas of wealth management to help
clients achieve the best overall outcomes for their wealth,” said
Gene Todd, executive vice president and head of regional markets at
Fiduciary Trust International. “The fulfilment of this mission for
clients and their families, throughout all market conditions,
requires a team of committed professionals in every channel of our
organization. Ken embodies our dedication to clients, and his
expertise will help us provide the holistic wealth management
experience we are known for in the industry.”
Mr. Kito reports to Ms. Donahue, and holds the Certified
Financial Planner™ (CFP) designation. He graduated cum laude from
Quinnipiac University with a bachelor of science in financial
management and economics.
“I became familiar with Fiduciary Trust International and its
mission while working at Franklin Templeton,” said Mr. Kito. “I am
looking forward to partnering with my new colleagues to further
streamline the sales process, with the goal of bringing financial
peace of mind to more clients in the Greater New York region.”
In August 2023, Fiduciary Trust International announced that
Christina D’Elia as trust counsel in its New York office. Kimberly
Rescorla, who is also based in New York, was named director of
trust administration at the firm in June 2023. In addition, Anne
Fitzpatrick Donahue was appointed regional managing director
responsible for the New York office in May 2023.
Fiduciary Trust International’s New York-based professionals
have received local industry recognition. Most recently, Rod
Sayegh, head of digital strategy, was recognized by Crain’s New
York Business as one of its “Notable LGBTQIA+ Leaders”—and Carin L.
Pai, CFA, executive vice president and head of portfolio management
and equities, was honored with a Pathfinder Award from Wealth
Solutions Report as the AAPI (Asian American Pacific Islander)
Portfolio Manager of the Year.
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 $94 billion in
assets under management and administration as of June 30, 2023, 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, Fort
Lauderdale, FL, West Palm Beach, 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 X: @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 150 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 offers specialization on a global scale, bringing
extensive capabilities in fixed income, equity, alternatives and
multi-asset solutions. With more than 1,300 investment
professionals, and offices in major financial markets around the
world, the California-based company has over 75 years of investment
experience and approximately $1.4 trillion in assets under
management as of September 30, 2023. For more information, please
visit franklintempleton.com and follow us on LinkedIn, X and
Facebook.
Copyright © 2023. Fiduciary Trust International. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20231024140191/en/
Rebecca Radosevich: 212-632-3207
rebecca.radosevich@franklintempleton.com
Laura Simpson: 973-713-8834 ft@jconnelly.com
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