Digital Financial Planning Advice Powered by Advizr will Strengthen Fiduciary Trust Company’s Offerings

Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton Investments, announced a collaboration with Advizr, a provider of next-generation profiling, advisory and financial planning solutions.

In June 2017, Fiduciary Trust parent company Franklin Resources made a capital investment in Advizr. Following a successful pilot of Advizr’s digital offerings, Fiduciary Trust is now incorporating digital capabilities powered by Advizr into its advice-based offerings—including investment management, wealth planning, trust administration, and specialized services—across a broad section of its high-net-worth client base.

Jenny Johnson, president of Franklin Templeton Investments, said, “Our investment in Advizr is part of an ongoing focus, across our organization, on being innovative in how we advance our global business. We will continue to evaluate new opportunities for us to incorporate technologies that can enhance our ability to deliver superior investment performance and meet the evolving investment needs of clients.”

Fiduciary Trust plans to leverage Advizr’s capabilities to create holistic financial profiles for the firm’s high-net-worth clients, which wealth managers can use in providing personalized, goals-based financial planning and advice. By helping Fiduciary Trust’s wealth advisors better understand clients’ overall financial picture and specific circumstances, Advizr’s solution enables stronger advice-driven planning with asset allocation selection and wealth projections that align more precisely with client-specific goals. Fiduciary Trust also expects Advizr’s cloud-based technology and key insights will enable its wealth managers to build deeper, more collaborative relationships with clients.

NEW DIGITAL CAPABILITIES

“We believe our focus on thoughtfully incorporating new digital capabilities into our time-tested, advice-based offerings will create greater value for our clients. By furnishing a complete financial picture of each client, Advizr’s technology will empower our wealth advisors to provide more dynamic and proactive advice, and will provide clients with greater transparency to help them engage more meaningfully with their advisors,” said John M. Dowd, CEO of Fiduciary Trust. “By working with Advizr, our clients will receive sophisticated financial planning through a unified business relationship and structured approach.”

“Advizr’s mission is to drastically increase the delivery of holistic advice to end clients, thereby helping advisors deepen their client relationships,” said Hussain Zaidi, CEO of Advizr. “We are very excited about this new relationship and look forward to working with Fiduciary Trust.”

ABOUT FIDUCIARY TRUST

Fiduciary Trust Company International, a global wealth management firm, has served individuals, families, endowments and foundations since 1931. With over $77 billion in assets under administration and management as of March 31, 2018, 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, DC, Wilmington, DE, and Arlington, VA. For more information, please visit fiduciarytrust.com.

ABOUT FRANKLIN TEMPLETON

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 170 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 650 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in over 30 countries, the California-based company has 70 years of investment experience and over $724 billion in assets under management as of June 30, 2018. For more information, please visit franklintempleton.com.

ABOUT ADVIZR

Advizr, based in New York, NY, is dedicated to creating financial planning programs and technology that will expand consumer and advisor access to high-quality financial planning while deepening client relationships. The automated, interactive financial planning solution empowers consumers to take control of their financial wellness and allows advisors to increase their share of wallet. To learn more about Advizr, please visit advizr.com.

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