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Trust Counsel

Franklin Templeton
Posted Nov 14
Full Time
New York, New York

Fiduciary Trust International is a wealth management firm founded in 1931 by families for families, with a singular focus on growing and protecting our clients’ wealth through generations. We work closely with individuals, families and foundations to build and manage personalized investment portfolios, and to develop estate plans that extend wealth to future generations. And, we are part of Franklin Templeton, a global investment leader. That means we can combine a personalized experience with access to sophisticated research and investment solutions.

**Position Summary

** Fiduciary Trust International is hiring a Trust Counsel to join our NY market team located at 280 Park Avenue in Midtown. This position is eligible for a hybrid work schedule (partially remote).

Reporting to the Regional Managing Director for New York, the Trust Counsel serves as an expert, both internally and externally, on matters related to estate planning, advanced tax planning, and trust and estate administration.

**Core Responsibilities

** **Wealth Planning:


  • Provide clients with holistic review of estate and wealth transfer plans, including recommendations on options to best achieve wealth transfer goals, working in collaboration with relationship teams and outside professional advisors
  • Liaise with internal team members and outside professional advisors to gather all relevant information, then develop and implement any changes or additions to the client plans
  • Understand and update team and clients regarding changes to federal, state and local estate, gift and income tax laws and proactively identify impact to client plans

**Trust And Estate Community Involvement/Marketing And Sales


  • Collaborate and coordinate with market teams and nationally in order to provide clients with breadth of firm’s offerings
  • Assist and participate in new business meetings in order to articulate value proposition of integrated wealth management offering
  • Actively represent the firm in the community through thought leadership and participation in industry groups such as bar associations, committees, networking groups and conferences
  • Act as a leader and SME for specific new projects and initiatives related to new business development and client retention

**Provide Trust Administration Guidance


  • Provide guidance to trust team members on all aspects of estate and trust administration
  • Review intake of new trust business and related documents in accordance with trust acceptance procedures
  • Provide advice concerning trust terminations, accountings, decantings and use of nonjudicial settlement agreements
  • Review exercises of discretion, including distributions of principal and income

**Ideal Qualifications


  • JD or LLM required;
  • Bar admission in relevant states required
  • 10+ years of trust and planning experience in a legal or professional environment
  • Cross-border planning experience preferred
  • Knowledge of state-specific Trust laws, including NY, New Jersey, and other jurisdictions, preferred
  • Network of professional advisor relationships to leverage and collaborate with
  • Fluency across financial planning disciplines, including cash-flow planning, insurance and risk management, income tax planning and investment planning, preferred
  • Excellent verbal and written communication skills
  • Excellent organizational skills with strong attention to detail
  • MS office skills - MS Outlook, Word, Excel, PowerPoint

Compensation Range: Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. We expect the base salary for this position to range between $250K - 275K per year.



**What makes Franklin Templeton unique?

** In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards—the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results.

**Highlights Of Our Benefits Include


  • Three weeks paid time off the first year
  • Medical, dental and vision insurance
  • 401(k) Retirement Plan with 85% company match on your pre-tax and/or Roth contributions, up to the IRS limits
  • Employee Stock Investment Program
  • Tuition Assistance Program
  • Purchase of company funds with no sales charge
  • Onsite fitness center and recreation center*
  • Onsite cafeteria*
  • Only applicable at certain locations

We believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and supporting our communities. An emphasis on corporate citizenship is embedded in our culture and values, and is an important element of how we achieve success.

We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals.

Franklin Templeton is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing employees and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. We invite you to visit us at Franklin Templeton Careers to learn more about our company, career opportunities and recruitment process.

Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for, or apply for, one of our positions please send an email to . In your email, please include the accommodation you are requesting and the job title and job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only requests for accommodations will receive a response.