Erica B. Landeros Joins Fiduciary Trust International’s New York Office as Trust Counsel

Rhea-AI Summary

Fiduciary Trust International, a wealth management firm and subsidiary of Franklin Templeton, has appointed Erica B. Landeros as trust counsel in their New York office. Landeros brings extensive experience in estate planning, tax planning, and trust administration, having previously served as managing director and regional fiduciary advisor at Bank of America Private Bank. Her role will focus on strengthening holistic estate and wealth transfer plans for clients in the Greater New York region. This appointment follows other recent hires aimed at expanding the firm's New York headquarters.

Positive

• Fiduciary Trust International is expanding its New York office, indicating growth.
• Erica B. Landeros brings extensive expertise in estate planning and fiduciary services.
• Landeros's background includes roles at prestigious firms, enhancing credibility.
• Recent hires in 2023 and 2024 show continued investment in top talent.

Negative

• The press release does not provide specific financial benefits or performance improvements related to the new hire.
• The impact of the new hire on the company's revenue or stock performance remains uncertain.

Global Wealth Management Firm Continues to Expand its New York Headquarters

NEW YORK--(BUSINESS WIRE)-- Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Erica B. Landeros has joined as trust counsel in the firm’s New York office. She will provide clients in the Greater New York region with expertise and guidance on estate planning, advanced tax planning, and trust and estate administration.

“As a seasoned professional, Erica has handled a broad spectrum of wealth planning issues, both from the perspective of the sophisticated client and from that of a corporate fiduciary, and she is a welcome addition to our growing team serving the Greater New York market,” said Anne Fitzpatrick Donahue, regional managing director responsible for Fiduciary Trust International’s New York office. “Erica will help our team continue to strengthen holistic estate and wealth transfer plans, and effectively walk clients through the recommendations and strategies for reaching their goals.”

Ms. Landeros joins Fiduciary Trust International from Bank of America Private Bank in New York, where she was managing director and regional fiduciary advisor in the office of the chief fiduciary. In that position, she was responsible for the review and approval of new fiduciary appointments for high-net-worth clients across multiple regions of the country, and providing client-facing teams with advice, guidance, and training on fiduciary issues and internal procedure. She held an additional role as the point of contact and advisor for international issues affecting trust accounts. Prior to joining the Private Bank, Ms. Landeros (formerly Slezak) was in private practice as a high-net-worth estate planning and administration attorney for over two decades. The foundation of her career was formed in the private clients group of White & Case LLP and personal representation department of Paul, Weiss, Rifkind, Wharton & Garrison LLP, both in New York, before moving her practice to Nassau County.

“Erica has a strong track record of helping organizations align their fiduciary obligations with their internal operations and processes,” said Leslie Gillin Bohner, chief fiduciary officer of Fiduciary Trust International. “As we grow, we continue to take measures to ensure we effectively deliver the full breadth of our vast offering to clients while adhering to fiduciary obligations.”

Ms. Landeros earned her juris doctor, cum laude from St. John’s University School of Law, where she was a member of the law review, and a bachelor of arts in English from Fordham University. She is a member of numerous committees of the Trusts and Estates section of the New York State Bar Association and a long-time participant in the Surrogate Decision Making Committee program of the New York State Justice Center for People with Special Needs.

Fiduciary Trust International has steadily added professionals to its New York office. In May 2024, Edward J. Mooney joined the firm as its New York-based managing director and financial planning director. Kenneth J. Kito, CFP^® also came aboard as a New York-based wealth director in October 2023. In addition, Christina C. D’Elia joined Fiduciary Trust International as trust counsel in the New York office in August 2023.

About Fiduciary Trust International

Fiduciary Trust International, a global wealth management firm headquartered in New York, NY, has served individuals, families, endowments and foundations since 1931. With over $102 billion in assets under management and administration as of March 31, 2024, the firm specializes in strategic wealth planning, investment management and trust and estate services, as well as tax and custody services. The New York-based firm and its subsidiaries maintain offices in Coral Gables, FL, Boca Raton, FL, Fort Lauderdale, FL, West Palm Beach, FL, St. Petersburg, FL, Radnor, PA, Lincoln, MA, Los Angeles, CA, San Mateo, CA, San Francisco, CA, Washington, DC, Wilmington, DE, Reston, VA, and Atlanta, GA. For more information, please visit fiduciarytrust.com, and for the latest updates, follow Fiduciary Trust International on LinkedIn and X: @FiduciaryTrust.

About Franklin Templeton

Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of May 31, 2024. For more information, please visit franklintempleton.com and follow us on LinkedIn, Twitter and Facebook.

Copyright © 2024 Fiduciary Trust International. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240612182000/en/

Rebecca Radosevich: 212-632-3207

rebecca.radosevich@franklintempleton.com

Sabrina Scarpa: 973-309-0051

ft@jconnelly.com

Source: Fiduciary Trust International

FAQ

Who has Fiduciary Trust International appointed as trust counsel in New York?

Fiduciary Trust International has appointed Erica B. Landeros as trust counsel in their New York office.

What role will Erica B. Landeros play at Fiduciary Trust International?

Erica B. Landeros will provide expertise on estate planning, advanced tax planning, and trust and estate administration.

What is the stock symbol for Franklin Templeton, the parent company of Fiduciary Trust International?

The stock symbol for Franklin Templeton is BEN.

What experience does Erica B. Landeros bring to Fiduciary Trust International?

Erica B. Landeros has extensive experience in estate planning and fiduciary services, previously serving as managing director and regional fiduciary advisor at Bank of America Private Bank.

What recent appointments has Fiduciary Trust International made in its New York office?

In 2023 and 2024, Fiduciary Trust International has hired Edward J. Mooney, Kenneth J. Kito, and Christina C. D'Elia in key roles in their New York office.