NEW YORK, Jan. 24, 2018 (GLOBE NEWSWIRE) -- Fiduciary Trust Company International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton Investments, recently launched the Young Investors Club, a forward-thinking program designed to introduce the next generation to the world of finance and investing.
“One of the greatest gifts that parents can give their children is the knowledge to set them up on a solid financial foundation,” said John M. Dowd, chief executive officer of Fiduciary Trust Company International. “We believe that demystifying financial topics and sparking passion around investing at an early age helps people tremendously throughout their lives. By spelling out the basic principles of finance and generating interest in investing within a modern, fun setting, the Young Investors Club increases the probability of financial success for our students.”
This innovative program, aimed at students under age 18, will consist of nine classes over the course of four months. The curriculum is designed to give young people a better understanding of the concept of money and the basic underlying principles of Give, Save, and Spend. The program’s hands-on activities and fun exercises aim to provide each student with practical and essential money-related decision-making skills that they can practice and utilize as they grow older.
Fiduciary Trust’s next generation of leaders developed the curriculum and will comprise the faculty. Classes will address such important topics as creating a budget, how to read a financial statement, behavioral finance, investing, understanding diversification and risk, and charitable giving.
“We are confident that Young Investors Club participants will come away with the basic financial knowledge and skills they’ll need to chart their own economic futures,” said Mr. Dowd. “Fiduciary Trust has been the multigenerational wealth management firm of choice for sophisticated families around the globe for decades, and this program formalizes many of the advisory discussions we have had with our clients’ children and grandchildren over the years.”
About Fiduciary Trust
Fiduciary Trust Company International, a global wealth management firm, has served individuals, families, endowments and foundations since 1931. With over $79 billion in assets under administration and management as of December 31, 2017, 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, Coral Gables, FL, Boca Raton, FL, St. Petersburg, FL, Los Angeles, San Mateo, CA, Washington, DC, Wilmington, DE, Arlington, VA, and London. For more information, please visit fiduciarytrust.com.
About Franklin Resources
Franklin Resources, Inc. (NYSE:BEN) is a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides global and domestic investment management to retail, institutional and sovereign wealth clients in over 170 countries. Through specialized teams, the company has expertise across all asset classes—including equity, fixed income, alternative and custom solutions. The company's more than 650 investment professionals are supported by its integrated, worldwide team of risk management professionals and global trading desk network. With offices in over 30 countries, the California-based company has 70 years of investment experience and over $753 billion in assets under management as of December 31, 2017. For more information, please visit franklintempleton.com.
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Contacts:
Rebecca Radosevich: 212-632-3207
rebecca.radosevich@franklintempleton.com
Jenna Focarino: 646-922-7763
jfocarino@jconnelly.com