Posted:
6/24/2024, 5:00:00 PM
Location(s):
Radnor Township, Pennsylvania, United States ⋅ Pennsylvania, United States
Experience Level(s):
Senior
Field(s):
Customer Success & Support
Workplace Type:
Hybrid
Fiduciary Trust International is a premier investment and wealth management firm with a commitment to growing and protecting wealth across generations. We offer a dynamic and collaborative approach to managing wealth for high-net-worth and ultra high-net-worth individuals and families, family offices, endowments, foundations, and institutions. Unlike other firms, our investment managers, tax and estate planning professionals work together to develop holistic strategies to optimize clients’ portfolios while mitigating the impact of taxes on their wealth. As a fiduciary, the guidance we provide is always in the best interests of our clients, without conflict or competing benefits. We offer boutique customization and deep expertise in specialized investment, tax and planning strategies alongside sophisticated technology and custody platforms.
Fiduciary Trust International is owned by Franklin Templeton, a diversified firm that spans asset management, wealth management, and fintech, giving us many ways to help investors make progress toward their goals. With clients in over 150 countries and offices on six continents, you’ll get exposed to different cultures, people, and business development happening around the world.
Fiduciary Trust International’s Radnor, PA office, approximately 30 minutes outside of Philadelphia, is hiring a Senior Trust Officer within our Special Needs Trust and Guardianship practice to join our office of 60 investment and trust professionals. This position is eligible for a hybrid work schedule (partially remote).
Serve as relationship manager for client relationships.
Administer Special Needs/Settlement Trust accounts while remaining current on relevant laws, issues, and topics.
Administer Guardianship accounts in accordance with state statutes and file Court mandated reports.
Develop and nurture centers of influence including clients’ accountants, attorneys, and other trusted advisors.
Oversee client requests including discretionary distributions, bill pay, asset transfers, gifts, contributions, acquisitions, and sales.
Oversee real estate purchase and maintenance of trust owned real estate.
Coordinate with tax department concerning client tax issues.
Handle termination of trusts in coordination with our Trust Counsel, Investment Department, Tax Department, and other parties as necessary.
Oversee the new account process from prospect to account funding including analyzing relevant documents to determine legal documentation required for compliance purposes.
Work in coordination with Portfolio Managers to provide industry-leading client service and advice.
Bachelor’s Degree required
JD or advanced degree preferred
Industry credentials highly preferred (CFP® or CTFA preferred)
8+ years of Trust Administration experience
Knowledge of Special Needs Trust and Guardianship Law and Administration
Excellent verbal and written communication skills
Knowledge of trust accounting system, workflows, and best practices
Compensation Range: Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. We expect the base salary for this position to range between $150,000 - $180,000.
#LI-US
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Our culture is shaped by our diverse global workforce and strongly held core values. Regardless of your interests, lifestyle, or background, there’s a place for you at Franklin Templeton. We provide employees with the tools, resources, and learning opportunities to help them excel in their career and personal life.
By joining us, you will become part of a culture that focuses on employee well-being and provides multidimensional support for a positive and healthy lifestyle. We understand that benefits are at the core of employee well-being and may vary depending on individual needs. Whether you need support for maintaining your physical and mental health, saving for life’s adventures, taking care of your family members, or making a positive impact in your community, we aim to have them covered.
Learn more about the wide range of benefits we offer at Franklin Templeton
*Most benefits vary by location. Ask your recruiter about benefits in your country.
Franklin Templeton is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and existing employees, and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation.
Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for or apply for one of our positions, please send an email to [email protected]. In your email, please include the accommodation you are requesting, the job title, and the job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only accommodation requests will receive a response.
Website: https://leggmason.com/
Headquarter Location: Baltimore, Maryland, United States
Employee Count: 1-10
Year Founded: 1899
Industries: Asset Management ⋅ Finance ⋅ Financial Services ⋅ Funding Platform ⋅ Insurance