Relationship associate investments

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 dynamic 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.

Relationship Associate (Investments)

Fiduciary Trust International is hiring a Relationship Associate (Investments) to join our New York City office on a hybrid basis with three days in office. This investments-focused RA will join one of our market teams in NY and partner with Fiduciary Trust's Portfolio Managers and other Relationship Associates in managing the wealth and financial needs of our High-Net-Worth (HNW) clients. Associates interact directly with HNW clients and manage follow-up and ongoing client deliverables.

What are the ongoing responsibilities of a Relationship Associate?

• Works with the firm's Portfolio Managers on HNW family relationships and prospects, including account administration, preparing wealth projections, preparation of cash flows, fee reviews, and preparation of PowerPoint presentations for client meetings.
• New Account Openings: reviews documents to begin KYC. Reviews account openings to determine proper administration of account, state law requirements, beneficiaries, tax suits and fee analysis
• Reviews daily overdraft report to determine how to cure income overdrafts
• Initiates wire transfers, discretionary principal payments, currency transactions, bill paying, and gifts & contributions. Helps clients with their charitable gifts and confirming gift details
• Coordinates trust terminations and account closing
  
  

What ideal qualifications, skills and experience would help someone to be successful?

• Bachelor’s degree
• 2-5 years’ experience in financial services with client-facing experience
• Some investment management and/or trust administration knowledge preferred
• Basic knowledge of competitors desired
• Detail-oriented with the ability to multi-task and meet deadlines
• Effective interpersonal skills and relationship building skills
• Excellent oral and written communication skills
• Skilled in Excel, Word and PowerPoint
  
  

Compensation : Franklin Templeton offers employees a competitive and valuable range of total rewards—monetary and non-monetary — designed to support their well-being and recognize their time, talents, and results. Along with base compensation, employees are eligible for an annual discretionary bonus, a 401(k) plan with a generous match, and recognition rewards. We also offer a comprehensive benefits package, which includes a range of competitive healthcare options, insurance, and disability benefits, employee stock investment program, learning resources, career development programs, reimbursement for certain education expenses, paid time off (vacation / holidays / sick / leave / parental & caregiving leave / bereavement / volunteering / floating holidays) and a motivational wellbeing program. We expect the base salary for this position to range between $75k - $82k, depending on level of relevant experience, plus discretionary bonus.

Learn More: Click below links to learn more about our Firm –

• Fiduciary Trust International LinkedIn Company Page
• The Story of Fiduciary Trust International
  
  

#Hybrid

#Associate

Experience our welcoming culture and reach your professional and personal potential!

Our culture is shaped by the variety of perspectives and experiences brought by talent from around the world. 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 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.

If you believe that you need an accommodation or adjustment, due to a medical condition or disability, to search for or apply for one of our positions, please send an email to [email protected]. In your email, please include the accommodation or adjustment you are requesting, the job title, and the job number of the position 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.