BOSTON--(BUSINESS WIRE)--Fiduciary Trust Company, an independent wealth advisor and investment management firm for high-net-worth individuals and nonprofits, is pleased to announce the hiring of Rick Tyson as Vice President and Investment Officer.
Tyson brings nearly three decades of financial services experience to his role at Fiduciary Trust, where he will focus on business development. He joins the firm from Wilmington Trust, where he served as Vice President, Senior Wealth Advisor. Previously, Tyson worked as a Senior Vice President in the Wealth Management Group at Boston Private Bank and oversaw business development efforts at the Charitable Asset Management division at SSgA.
“We are delighted to have Rick join our team at Fiduciary Trust,” said John Morey, Head of Client Service and Business Development. “His years of private wealth management experience will bolster our team of thoughtful, knowledgeable investment officers who provide our clients with customized wealth planning and investment management services.”
Tyson is actively involved on the Business Partners Council of the Boston Symphony Orchestra. In addition, he is a board member of Junior Achievement of New England and a trustee of Lawrence Academy, where he is an alumnus. Tyson holds a bachelor’s degree in economics from Lynchburg College.
About Fiduciary Trust Company
Fiduciary Trust is a privately-owned wealth management firm focused on families, individuals and nonprofits seeking objective advice to help grow and protect their investments. The firm also provides a range of services to professional financial advisors and single-family offices. Fiduciary’s capabilities include customized wealth planning, investment management, trustee and estate services, and family office, tax and custody services.
Fiduciary Trust has been named “Best Wealth Manager” by Massachusetts Lawyers Weekly readers and “Best Independent Trust Company” by Family Wealth Report.
Founded in 1885 as a family office, Fiduciary takes a personal approach based on expertise, strong performance and a genuine commitment to act in its clients’ best interests. The firm’s client focus has enabled it to achieve a 98% annual client retention rate.