Arturo Giacosa Joins Fiduciary Trust Company International as Managing Director and Trust Counsel

NEW YORK, NY--(Marketwired - Dec 21, 2016) - Fiduciary Trust Company International, a global investment manager and wholly-owned subsidiary of Franklin Templeton Investments, today announced that Arturo Giacosa has joined the firm as managing director and trust counsel of Fiduciary Trust International of the South. He will be based in the firm's Coral Gables, Florida office.

"Arturo brings over two decades of experience and deep expertise in cross-border tax and estate planning and family governance planning for ultra-high-net-worth individuals and families," said Gail Cohen, chair and general trust counsel at Fiduciary Trust. "He will be a valuable resource for our organization and instrumental in serving the complex wealth management needs of our international and South Florida clients."

Mr. Giacosa joins Fiduciary Trust from Itaú Private Bank, where he served as managing director and head of fiduciary and Hispanic wealth planning for Latin America clients. He has also held leadership positions at Citibank, where he served as head of Citi Trust's cross border advisory service team, head of wealth planning for Citi Private Bank North America and head of wealth planning for Citi Private Bank Latin America. Mr. Giacosa has also served as senior manager of tax global wealth services at KPMG. Prior to KPMG, he was in private practice focusing on international estate planning and asset protection.

Mr. Giacosa is a member of the Florida and American Bar Associations and the Society of Trust and Estate Practitioners (STEP). He received his J.D. from St. Thomas University School of Law in Miami and his Bachelor of Science degree from Florida International University.

About Fiduciary Trust
Fiduciary Trust Company International, a global investment management firm, has served individuals, families, endowments and foundations since 1931. With over $75 billion in assets under administration and management as of September 30, 2016, the firm specializes in strategic wealth planning, investment management and trust and estate services, as well as tax and custody services. The firm and its subsidiaries maintain offices in New York, Coral Gables, FL, Boca Raton, FL, St. Petersburg, FL, Los Angeles, San Mateo, CA, Washington, D.C., Wilmington, DE, and London. For more information please visit fiduciarytrust.com.

About Franklin Resources
Franklin Resources, Inc. (NYSE: BEN) is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 150 countries. Through specialized teams, the company has expertise across all asset classes -- including equity, fixed income, alternative and custom solutions. The company's more than 600 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in 35 countries, the California-based company has more than 65 years of investment experience and approximately over $714 billion in assets under management as of November 30, 2016. For more information, please visit franklintempleton.com.

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