Fiduciary Trust International Continues Expanding its New York Office, Welcoming Maudie Long, CFA® and David DeStefano
May 19 2020 - 9:53AM
Business Wire
Fiduciary Trust International, a global wealth manager and
wholly-owned subsidiary of Franklin Templeton, announces that
Maudie Long, CFA® has joined its New York office as senior
portfolio manager. David DeStefano has also started at the firm’s
New York office as trust officer.
“Maudie and David are experienced wealth and trust managers who
are adept at helping clients strategically navigate different
market conditions, as well as managing the nuances of relationships
between clients’ family members,” said Paulina Mejia, regional
managing director, trust counsel, and head of Fiduciary Trust
International’s New York office. “We look forward to working with
them as we continue to expand our holistic service offering, and
our team’s areas of expertise, in order to bring peace of mind to
our clients.”
Ms. Long reports to James Le Rose, managing director at
Fiduciary Trust International. She was most recently senior vice
president and senior portfolio manager at U.S. Trust, Bank of
America Private Wealth Management, where she developed financial
plans integrating taxable, tax-deferred, and trust accounts for
private foundations as well as high-net-worth and
ultra-high-net-worth individuals. During her 14-year tenure, Ms.
Long served on one of the firm’s national diversity and inclusion
business councils, and the marketing committee for Fairfield
County, CT. Ms. Long previously worked for 10 years at Evergreen
Investments-Wachovia Bank, where she was vice president and
portfolio manager.
Ms. Long holds the Chartered Financial Analyst (CFA)
designation, and is a member of the CFA Society New York, and
Connecticut Hedge Fund Association. She graduated from the
University of Connecticut with a bachelor of science in finance,
and completed the New England School of Banking’s trust program at
Williams College, which included course work in tax and estate
planning.
“Being in the position to bring on very experienced wealth and
investment management professionals at a time like this is a
testament to the strength of our business, and the attractiveness
of the deep resources and tools available to our advisors who guide
and protect clients,” said Lawrence A. Sternkopf, president and
chief operating officer of Fiduciary Trust International. “We
remain committed to expanding our offices throughout the country to
ensure all clients have access to seasoned experts who understand
their goals and help them implement their intended legacies.”
Mr. DeStefano reports to Debra Feeks, managing director and
senior relationship manager, and Kimbrough Towles, managing
director and senior portfolio manager, at Fiduciary Trust
International. He joins Fiduciary Trust from BNY Mellon Wealth
Management, where he served as associate wealth manager responsible
for managing ultra-high-net-worth clients’ trusts. Mr. DeStefano
was also secretary of BNY Mellon Wealth Management’s trust
administrative committee. Earlier in his career, Mr. DeStefano was
trust administrative officer and assistant vice president at U.S.
Trust, Bank of America Private Wealth Management.
Mr. DeStefano graduated from The College of New Jersey with a
bachelor of science in international business and finance. He holds
the Certified Trust and Financial Advisor (CTFA) designation from
the American Bankers Association and received a diploma in personal
trust from the American Institute of Banking. Mr. DeStefano also
completed the Cannon Financial Institute’s Trust School III
program.
Ms. Long and Mr. DeStefano are the latest additions to the team
in Fiduciary Trust International’s New York office, which has been
steadily growing over the past two years. In March 2020, the firm
announced the arrival of Kevin G. Carter, CFP® as New York-based
senior portfolio manager. Jennifer McCarthy came aboard as a trust
counsel and managing director in the New York office in September
2019. Recent hires in the New York office also include Rod Sayegh,
who joined Fiduciary Trust International as head of digital
strategy in May 2019, and Noah Uzal, who began his position as
wealth director in September 2018. Isaac Barrocas and Nita S. Vyas
started as senior portfolio manager and trust counsel,
respectively, in the New York office in June 2018.
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 $71 billion in
assets under management and administration as of March 31, 2020,
the firm specializes in strategic wealth planning, investment
management and trust and estate services, as well as tax and
custody services. The 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, and Arlington, VA. For more
information, please visit fiduciarytrust.com, and for the latest
updates, follow Fiduciary Trust International on LinkedIn and
Twitter: @FiduciaryTrust.
About Franklin Resources
Franklin Resources, Inc. [NYSE:BEN] is a global investment
management organization operating, together with its subsidiaries,
as Franklin Templeton. Franklin Templeton’s goal is to deliver
better outcomes by providing global and domestic investment
management to retail, institutional and sovereign wealth clients in
over 170 countries. Through specialized teams, the Company has
expertise across all asset classes, including equity, fixed income,
alternatives and custom multi-asset solutions. The Company’s more
than 600 investment professionals are supported by its integrated,
worldwide team of risk management professionals and global trading
desk network. With employees in over 30 countries, the
California-based company has more than 70 years of investment
experience and over US$589 billion in assets under management as of
April 30, 2020. For more information, please visit
franklintempleton.com.
Copyright © 2020. Fiduciary Trust International. All rights
reserved.
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