Fiduciary Trust International announces Adam Spector as Chief Executive Officer

Appointment signals the next phase of growth, innovation, and leadership for the global wealth management firm while reinforcing its client-first legacy

NEW YORK, NY—November 18, 2025—Fiduciary Trust International, a global wealth manager and wholly owned subsidiary of Franklin Templeton, announces the appointment of Adam Spector as chief executive officer. In his new role, Mr. Spector will oversee the firm’s business and long-term growth strategy. He will report to Matthew Nicholls, co-president, chief financial officer and operating officer at Franklin Templeton.

To learn more about Fiduciary Trust International and Mr. Spector, please read Continuing a Legacy of Trust and Innovation: A Conversation with CEO Adam Spector.

“Adam is a seasoned industry leader with an exceptional understanding of our business and a deep commitment to our values,” said Mr. Nicholls. “For nearly 95 years, Fiduciary Trust International has been dedicated to delivering tailored private wealth management solutions that align with each client’s unique vision. Adam embodies this mission, and brings the leadership and vision needed to drive its growth and innovation. Under his guidance, the firm will continue to evolve and remain nimble, providing lasting financial peace of mind to clients and their families, now and into the future.”

Mr. Spector serves on the Board of Directors of Fiduciary Trust International, where he chairs the Executive and Management Committees. He is also a member of Franklin Templeton’s Management and Executive Committees.

Previously, he was executive vice president and head of global advisory services at Franklin Templeton, where he led the firm’s commercial efforts and counseled institutional and wealth-platform clients around the world. Prior to joining Franklin Templeton, he spent more than three decades at Brandywine Global, serving most recently as managing partner and chair of the board of directors. He began his career at a small firm in Prague, Czechoslovakia and then SEI International Investment Group.

“It is both a privilege and an exciting opportunity to join Fiduciary Trust International as CEO,” said Mr. Spector. “Our legacy of trust, integrity, and personalized financial advice is what sets us apart. I am working with our talented team to build on this foundation. My focus is on continuing to evolve our business, deepen client relationships, and deliver lasting value in an ever-changing world.”

Mr. Spector holds a master’s degree in business administration from the Wharton School at the University of Pennsylvania and a bachelor’s degree in public policy and anthropology from Brown University, where he graduated magna cum laude and was elected to Phi Beta Kappa.

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 $112 billion in assets under management and administration as of September 30, 2025, 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, Washington, DC, Wilmington, DE, Reston, VA, and Atlanta, GA. For more information, please 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 equity, fixed income, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the company has over 75 years of investment experience and $1.69 trillion in assets under management as of October 31, 2025. For more information, please visit investors.franklinresources.com and follow us on LinkedIn, X and Facebook.