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Fiduciary Trust names COO


Fiduciary Trust Company, a private wealth management firm serving individuals, non-profits, family offices and advisers, has hired Robert J. Jeffers as chief operating officer (COO).

Jeffers joins Fiduciary Trust from State Street Bank & Trust, where he was a managing director and head of wealth custody services.
Prior to State Street, Jeffers spent 17 years at Deutsche Bank, serving as gead of UK/US private wealth management operations and head of US high net worth investment advisory and trust, in addition to other roles.
Jeffers began his career at Credit Suisse.
As COO, Jeffers will be responsible for the overall operations that support Fiduciary Trust’s customised offering. In addition to supporting various corporate initiatives, he will oversee the firm’s client information services, cash management & securities, tax, and technology departments. In addition, Jeffers will serve as a member of the senior management committee.
“Rob’s experience and understanding serving high-net-worth clients, family offices and RIAs is an incredible asset that will further refine our holistic approach to meeting client needs,” says Austin V Shapard, president and CEO of Fiduciary Trust. “The addition of Rob underscores our effort to position Fiduciary Trust for the future and invest in our business to better serve our clients’ evolving needs.”
“Fiduciary Trust’s reputation for exceptional service is based on an operations team that provides a seamless experience across all areas of the business, whether it is investment management, trust or custody,” says Jeffers. “I am excited to join the organisation and in my capacity will seek to complement and reinforce a culture that is committed to excellence and personal service.”

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