Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, has appointed Miles Powell as regional managing director and senior relationship manager based in Washington DC.“Fiduciary Trust International has been committed to the Washington, DC market for many years, and we are thrilled to continue to add talent to our deeply experienced team,” said Lawrence A. Sternkopf, president and chief operating officer of Fiduciary Trust International. “Miles combines collaborative leadership with an in-depth understanding of how various aspects of financial services can meet client needs, which will be crucial as we continue to expand our office in the nation’s capital.”
“The Washington, DC area is a growing marketplace with many high-net-worth individuals and families, as well as philanthropic endowments and foundations,” says Bill Leffingwell, CFP®, who continues to serve as senior portfolio manager in Fiduciary Trust International’s Washington, DC office. “Miles has the experience and expertise that will help us continue to strengthen our offering in this marketplace.”
Powell, who reports to Sternkopf, will also oversee Fiduciary Trust International’s office in Arlington, VA. He comes to Fiduciary Trust International from Wells Fargo Private Bank in McLean, VA, where he served as managing director and senior director of investment and fiduciary services for more than a decade. In that role, Powell was responsible for the performance of the firm’s investment and fiduciary business in the Mid-Atlantic region. Previously, he was senior vice president and market trust executive at Bank of America Private Bank. Earlier in his career, Powell was senior vice president and corporate sales director at Riggs Bank.
“Fiduciary Trust International has a well-deserved reputation across the country for working closely with clients to customise wealth management strategies and solutions that can help them meet long-term goals,” says Powell. “For 90 years, this organisation has been committed to providing clients and their families with financial peace of mind—something that is especially important during this time. I look forward to working with my new colleagues to deliver holistic wealth management across generations.”
Powell is a past president of the Washington, DC Estate Planning Council. He graduated from The College of William & Mary with a BA in Economics.