Amanda Rice Joins Fiduciary Trust International as Radnor-Based Senior Portfolio Manager
October 06 2020 - 9:52AM
Business Wire
Fiduciary Trust International, a global wealth manager and
wholly-owned subsidiary of Franklin Templeton, welcomes Amanda Rice
as a senior portfolio manager based in its Radnor office.
Fiduciary Trust International significantly expanded its
presence in the Philadelphia area through its acquisition of
Radnor-headquartered The Pennsylvania Trust Company, a wealth
management firm with approximately $4 billion in assets under
management, which was finalized earlier this year. Pennsylvania
Trust offers a suite of customized trust, estate, investment
management, financial and tax planning, and tax preparation
services. Now part of Fiduciary Trust International, Pennsylvania
Trust was recently voted No. 1 in Trust Administration by members
of the Philadelphia legal community in The Legal Intelligencer’s
annual “Best Of” survey, for the second consecutive year.
“The Pennsylvania Trust Company has a well-deserved reputation
for providing clients with holistic wealth, investment, tax, and
estate planning services,” said Lawrence A. Sternkopf, president
and chief operating officer of Fiduciary Trust International. “We
are proud that Pennsylvania Trust is now a valued part of our
organization, and we look forward to continuing to expand our
Radnor office.”
Ms. Rice has more than 35 years of experience in the wealth and
investment management industry. Prior to joining Fiduciary Trust
International, she most recently served as a senior vice president
and portfolio manager at Sterling Advisors (formerly Stratton
Management Co.), where she managed and structured portfolios to
help high-net-worth and institutional clients meet their objectives
for growth, income, performance, and social responsibility. Ms.
Rice was previously director of planned giving for the Abington
Health Foundation, and vice president and senior portfolio manager
at Glenmede Trust Co. She began her career at J. & W. Seligman
& Co. in New York, NY.
“Amanda has not only worked with high-net-worth clients and
their families to personalize investment solutions that meet their
goals across generations, but has also been responsible for planned
giving at a large foundation,” said George C. McFarland Jr.,
regional managing director and head of Fiduciary Trust
International’s Pennsylvania region. “Her decades of experience
structuring multi-asset portfolios built to help clients grow and
protect their wealth over the long term will enhance the services
we can deliver to our clients.”
Ms. Rice earned her MBA in finance from Duke University’s Fuqua
School of Business, and obtained her BA in art history from
Williams College. She is a member of the CFA Institute and the CFA
Society of Philadelphia, where she served on the board for several
years. Ms. Rice is also a member of the Philadelphia Estate
Planning Council, and the investment committee of The Acorn Club.
In addition, she is co-chair of her Williams College class planned
giving committee.
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 $82 billion in
assets under management and administration as of June 30, 2020, 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, 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 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,
alternatives and custom multi-asset solutions. With offices in over
30 countries and 1,300 investment professionals, the
California-based company has more than 70 years of investment
experience and approximately $1.4 trillion in assets under
management as of August 31, 2020. For more information, please
visit franklintempleton.com.
Copyright © 2020. Fiduciary Trust International. All rights
reserved.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201006005757/en/
Rebecca Radosevich: 212-632-3207
rebecca.radosevich@franklintempleton.com
Laura Simpson: 973-713-8834 lsimpson@jconnelly.com
Franklin Resources (NYSE:BEN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Franklin Resources (NYSE:BEN)
Historical Stock Chart
From Apr 2023 to Apr 2024