Commitment to Growing Business and Serving Clients Continues at Fiduciary Trust with Promotion of Carin Pai and Two New HiresAugust 2013
New York, August 15, 2013 - Fiduciary Trust Company International, a leading wealth management firm headquartered in New York City, announced that Carin Leong Pai, CFA1, has been promoted to executive vice president and director of equity management where she will have broad responsibility for the firm’s equity management competencies. Pai will also join Fiduciary Trust’s Management Committee. Amy Kong, CFA1, has joined the firm as managing director and senior portfolio manager of equity management where she is responsible for managing equity portfolios for individuals, families and institutions. Janet Nettleton Otto has joined as managing director and relationship manager where she is responsible for managing the delivery of the firm’s broad expertise and global resources to best meet the needs of clients, their families and their advisors.
“Our clients expect innovative thinking around how their portfolios are managed. Carin Pai has had a significant impact on that front during her 17 years with Fiduciary Trust and her expansion in responsibilities is a natural next step that will benefit our clients,” said Chief Executive Officer Henry Johnson. “Amy Kong has distinguished herself as a trusted consultant to high net worth individuals and her dedication and leadership in the industry attests to our philosophy. Our equity investment team will certainly be enhanced by Carin and Amy in their respective new roles.”
“Fiduciary Trust understands how important integrated wealth management is to the success of multi-generational needs, and we have seen continued demand as investors look for trusted partners with demonstrated expertise in safekeeping and growing assets,” said Vice Chairman and General Trust Counsel Gail Cohen, who oversees the firm’s relationship management professionals. “Janet Otto is a seasoned professional who builds on this approach and brings a commitment to personalized service.”
Carin Pai has been with Fiduciary Trust since 1996. As director of equity management, she oversees the firm’s team of equity portfolio managers and also manages client portfolios. Pai is a member of the firm’s asset allocation committee where she works closely with investment leadership of the firm to develop strategic and tactical asset allocation strategies. Additionally, she is a member of Fiduciary Trust’s Management Committee, Officers’ Executive Committee, and Risk Management Committee. She earned a B.S. in business administration from the University at Albany, State University of New York, and completed an Executive Program at Harvard Business School for investment management. Pai is a Chartered Financial Analyst (CFA) charterholder and a member of the New York Society of Security Analysts.
Amy Kong brings a decade of private wealth management expertise to Fiduciary Trust. She previously served as senior portfolio manager at U.S. Trust, where she managed and co-managed 350 portfolios with assets of $1.1 billion. Kong began her career as an analyst for the credit research and analysis department at Moody’s Investors Services. She earned her M.B.A. from Columbia Business School and graduated magna cum laude from Barnard College. Kong is a Chartered Financial Analyst (CFA) charterholder.
Janet Otto has 30 plus years of experience in the industry, which includes corporate lending and private banking, as well as asset and wealth management for high net worth individuals, families and institutional clients. Prior to joining Fiduciary Trust, Ms. Otto served as principal and business development executive at Legg Mason Investment Counsel. Previously, she was a private banker at J.P. Morgan and a portfolio manager and business development officer at U.S. Trust. Ms. Otto earned her B.A. from Smith College and her M.B.A. in finance and accounting from Cornell University. She is an active board member of the Girl Scouts of Greater New York and currently chairs the Juliette Low Society.
Fiduciary Trust Company International, a leading wealth management firm, has served individuals, families, endowments and foundations since 1931. The firm specializes in strategic wealth planning, investment management, trust and estate services, as well as tax and custody services. The firm and its subsidiaries maintain offices in New York, Miami, Los Angeles, San Mateo, CA, Washington, D.C., Wilmington, St. Petersburg, FL, London and Hong Kong. For more information, please visit fiduciarytrust.com.
Fiduciary Trust Company International is a wholly-owned subsidiary of Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Bissett, Fiduciary Trust, Darby, Balanced Equity Management and K2 investment teams. The San Mateo, CA-based company has more than 65 years of investment experience and over $834 billion in assets under management as of July 31, 2013. For more information, please visit franklintempleton.com.
1. CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
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