Fiduciary Trust Company, a wealth advisor and investment management firm for high-net-worth individuals and nonprofits, has appointed Hans Olsen as Chief Investment Officer (CIO).
Olsen joins Fiduciary Trust from Stifel Nicolaus, where he was Global Head of Investment Strategy for the firm’s wealth management unit and CIO of its Delaware Trust Company. He joined Stifel upon its 2015 acquisition of the US wealth management unit of Barclays, where he was the Global Head of Investment Strategy, the Head of the Global Asset Allocation Committee, and CIO of the Delaware Trust Company. Previously, he served as CIO for JP Morgan’s Private Wealth Management business in the US and as CIO of Bingham Legg Advisers in Boston.
In his role as Fiduciary Trust’s CIO, Olsen will be responsible for the strategic direction of the firm’s multi-asset class investment philosophy, which includes: investment strategy, strategic and tactical asset allocation, portfolio construction, and manager due diligence and selection in both public and private markets.
“Hans’s breadth of experience, coupled with his deep knowledge across asset classes, markets and strategies, will benefit our clients,” says Austin Shapard, President & CEO of Fiduciary Trust. “We are excited about Hans’s addition to the team and welcome him heartily to Fiduciary Trust.”
“I’m pleased to join such a talented team of investment and wealth management professionals, at a firm with a venerable history that has maintained its client-centric approach for well over a century,” adds Olsen.
Olsen is a Chartered Financial Analyst® charterholder. He earned a BA in Economics from Bates College and completed the executive education program on investment decisions and behavioural finance at Harvard University. He is a frequent contributor to CNBC and other national media outlets.