Fiduciary Trust International Expands New York Office with Addition of Two Seasoned Portfolio Managers

Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Debjani Bagchi, CFA, and Peter E. McEvoy, CFP®, have joined its New York office as portfolio managers.

"Expanding our expertise in the Northeast region enables us to keep our unwavering attention on the unique aspects of our clients' lives and their financial profiles," said Anne Fitzpatrick Donahue, Fiduciary Trust International regional managing director for the New York office. "Debjani and Peter bring decades of industry experience and a deep commitment to client success, aligning perfectly with our mission of delivering our best thinking through personalized wealth management advice and holistic portfolio construction."

Ms. Bagchi brings nearly three decades of investment management experience to the team. Before joining Fiduciary Trust, Ms. Bagchi served for more than 10 years as managing director and senior portfolio manager at Deutsche Bank Private Wealth Management. There, she oversaw multi-asset portfolios exceeding $2 billion in assets under management and led the portfolio management team managing over $6 billion in assets under management. Prior to that, she was a portfolio manager at UBS Wealth Management in New York.

"I am honored to join Fiduciary Trust International and contribute to its legacy of wealth management leadership and investment excellence," said Ms. Bagchi. "I look forward to leveraging our full array of institutional-quality investment solutions to empower clients in achieving their diverse financial objectives."

Earlier in her career, Ms. Bagchi held roles at international financial organizations such as the International Finance Corporation (IFC), the United Nations Capital Development Fund (UNCDF), and the Asian Development Bank (ADB), where she served as an investment consultant and lead analyst. She started her career as a senior associate for Asia at Women's World Banking, a global nonprofit based in New York.

Ms. Bagchi, a member of the CFA Institute and CFA Society New York, holds an MPA in Economics and Development with a Certificate in Demography from Princeton University. She earned her Bachelor of Arts (Honors) in Political Science, Economics, and History from the University of Calcutta. She serves on the board of READ Alliance in New York and previously served on the board of Deutsche Bank Trust Company National Association (DBTCNA).

Mr. McEvoy, with nearly four decades of experience, joins Fiduciary Trust International from Deutsche Bank International Private Bank, where he was a senior portfolio manager overseeing large complex family and institutional relationships on both an agency and fiduciary basis. Before that, he spent almost 20 years as a senior portfolio manager and northeast team leader at BlackRock Private Investors (formerly Merrill Lynch Investment Managers, MLIM). He began his career in 1987 as a portfolio manager at Bankers Trust.

"I am proud to join Fiduciary Trust International, a firm known throughout the industry for its leading investment management solutions," said Mr. McEvoy. "I look forward to leveraging the flexibility of our comprehensive investment platform and sophisticated portfolio construction capabilities to provide clients with tailored service, while also fostering lasting relationships."

Mr. McEvoy holds a Master of Business Administration (MBA) in Finance from Fordham University and a Bachelor of Arts in Economics from Rutgers University. He is an EFFAS Certified ESG Analyst (CESGA), a CERTIFIED FINANCIAL PLANNER™ (CFP®), a member of the Financial Planning Association of Metro New York and is a recipient of the Distinguished Eagle Scout Award from the Boy Scouts of America.

"Debjani and Peter bring extensive experience in serving ultra-high-net-worth clients," said Carin L. Pai, CFA, executive vice president and head of portfolio management and equities at Fiduciary Trust International. "Debjani's exceptional talents in managing multi-billion-dollar portfolios and Peter's proven track record in overseeing complex institutional relationships will amplify our ability to build and manage personalized investment portfolios in pursuit of client goals."

About Fiduciary Trust International

Fiduciary Trust International, a global wealth management firm headquartered in New York, NY, has served individuals, families, endowments and foundations since 1931. With over $102 billion in assets under management and administration as of March 31, 2024, the firm specializes in strategic wealth planning, investment management and trust and estate services, as well as tax and custody services. The New York-based firm and its subsidiaries maintain offices in Coral Gables, FL, Boca Raton, FL, Fort Lauderdale, FL, West Palm Beach, FL, St. Petersburg, FL, Radnor, PA, Lincoln, MA, Los Angeles, CA, San Mateo, CA, San Francisco, CA, Washington, DC, Wilmington, DE, Reston, VA, and Atlanta, GA. For more information, please visit fiduciarytrust.com, and for the latest updates, follow Fiduciary Trust International on LinkedIn and X: @FiduciaryTrust.

About Franklin Templeton

Franklin Resources, Inc. (NYSE:BEN) is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton's mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and over $1.6 trillion in assets under management as of June 30, 2024. For more information, please visit franklintempleton.com and follow us on LinkedIn, X and Facebook.

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