Frank Brochin Joins Fiduciary Trust Company as Chief Investment Officer

BOSTON--(BUSINESS WIRE)--Fiduciary Trust Company (“Fiduciary”), a Boston-based private wealth management firm, is pleased to announce that Frank Brochin has joined the firm as Chief Investment Officer. In this role, he will lead Fiduciary’s investment department and oversee the company’s investment strategies in order to further strengthen the firm’s investment platform on behalf of clients.

“Frank is an accomplished investment leader with broad experience across global markets and asset classes,” said Austin V. Shapard, President & CEO of Fiduciary Trust Company. “His depth of experience will be valuable to our clients and our team. We are also pleased that his addition reflects the continued investments we are making in our capabilities with the support of our new capital partner, GTCR—investments designed to benefit clients over time by enhancing our investment platform, technology, and overall client experience.”

Prior to joining Fiduciary, Frank served as Chief Investment Officer of the Family Office Practice at Focus Partners Wealth. He earned an M.B.A. from Harvard Business School and a Ph.D. in Electrical Engineering from Princeton University.

“I’m excited to be joining Fiduciary and to work with a talented team that is deeply committed to serving clients’ best interests,” said Frank Brochin. “Fiduciary has a long history of thoughtful, client-centered investing, and I look forward to building on that foundation. I’m also energized by the opportunity to help strengthen Fiduciary’s investment capabilities as the firm continues to invest in its platform and talent with GTCR’s support.”

About Fiduciary Trust Company

Fiduciary Trust Company is a private 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.

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% average annual client retention rate.

For additional information about Fiduciary’s services, please visit www.fiduciary-trust.com, or contact Sidney Queler at 617-292-6799 or [e-mail].