PRESS RELEASES

Fiduciary Trust Opens Office in Arlington, VA

05.09.2017


New York–May 9, 2017— Fiduciary Trust Company International, a global investment manager and wholly-owned subsidiary of Franklin Templeton Investments, today announced its opening of an office in Arlington, Virginia. Located at 3033 Wilson Boulevard, the new office is overseen by Bill Leffingwell, regional managing director and head of Fiduciary Trust’s Washington, D.C. office.

“This new Arlington office is the perfect complement to our established regional Washington, D.C. and Delaware offices,” said John M. Dowd, chief executive officer of Fiduciary Trust. “Expanding our presence in Virginia allows us to better serve our clients by providing them with direct, personal access to the depth and breadth of our investment and trust management services. We look forward to building on our presence in this region and becoming part of the vibrant Virginia wealth management community.”

“We are excited to strengthen our ties in this region and demonstrate our long-term commitment to our clients, as well as the trust and estate, tax, and legal communities," said Mr. Leffingwell.

About Fiduciary Trust
Fiduciary Trust Company International, a global investment management firm, has served individuals, families, endowments and foundations since 1931. With over $78 billion in assets under administration and management as of March 31, 2017, 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, Arlington, VA, 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 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 approximately $741 billion in assets under management as of April 30, 2017. For more information, please visit franklintempleton.com.

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