[14] Although Fiduciary Trust Company International is part of Franklin Templeton, it operates as an independent organization with its own management team and investment philosophy.
The firm was founded as a multi-family office to serve wealthy individuals and families during the financial crisis of the time.
Pierre Jay, a former chairman of the Federal Reserve of New York, and Elihu Root Jr., a noted lawyer and son of the Secretary of State, served among the firm's first directors.
[16] By the 1960s, the firm had broadened its reach and as a result opened its first international office in London in 1961 to concentrate on the research and analysis of non-U.S.
[17] The firm continued to evolve and in 1981 opened a Los Angeles office to reach the Western and Southwestern U.S.
[26] Two years later, in 2015, Fiduciary Trust Company International of the South relocated its Miami headquarters to 2 Alhambra Plaza in Coral Gables.
[29] Fiduciary Trust provides strategic investment advice to wealthy individuals, families, institutions, endowments, and personal foundations, including strategy development, global asset allocation, security selection and research, manager selection and monitoring and risk analysis.
[31] Fiduciary Trust offers execution of trustee and executor responsibilities, including day-to-day administration, regulatory oversight and compliance, tax preparation and detailed accounting and reporting.