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Fiduciary Trust's Ellen Kratzer Elected Chair of the New York City Chapter of The Society of Trust and Estate Practitioners

NEW YORK, NY -- (Marketwired) -- 01/23/14 -- Fiduciary Trust Company International, a global investment management firm serving individuals, families, endowments and foundations since 1931, is pleased to announce the election of Ellen Kratzer as chair of the New York City chapter of The Society of Trust and Estate Practitioners (STEP).

STEP is the worldwide professional association for practitioners dealing with family inheritance and succession planning. STEP has 18,500 members across 80 jurisdictions from a broad range of professional backgrounds including lawyers, accountants, bankers and others. As chair, Ms. Kratzer will be responsible for leading the New York City branch of 300 plus members.

As a Managing Director at Fiduciary Trust, Ms. Kratzer is responsible for developing new relationships for the firm with individuals, families and their advisors. She joined Fiduciary Trust Company International in 1995.

"STEP provides a wonderful forum for those working in the private client field to meet and talk with others about their work, learn about new developments and share best practices," said Ms. Kratzer. "STEP is also the premier educator in the trust and estate industry. Through our seminars and conferences we endeavor to offer the best possible education, both local and global, exchanging knowledge across disciplines."

Ms. Kratzer also serves as the co-chair of the Council for Canadian-American Relations and is a member of the board of The Shaw Festival Theatre in Ontario. She is also currently the president elect of the Association of Junior Leagues International.

About Fiduciary Trust Company International
Fiduciary Trust Company International, a global investment management firm, has served individuals, families, endowments and foundations since 1931. With $45.6 billion in assets under management and administration as of December 31, 2013, the firm specializes in strategic wealth planning, investment management and trust and estate services, as well as tax and custody services. The firm and its subsidiaries maintain offices in New York, Miami, Boca Raton, Los Angeles, San Mateo, CA, Washington, D.C. Wilmington, DE, 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 $879 billion in assets under management as of December 31, 2013. For more information, please visit franklintempleton.com.

Copyright © 2014. Fiduciary Trust Company International. All rights reserved.

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