Fiduciary Trust Company Welcomes Puneet Nevatia as COO
BOSTON-- Fiduciary Trust Company is excited to announce the appointment of Puneet Nevatia as their new Chief Operating Officer. In this vital role, Puneet is set to manage an array of operations, including technology and information security functions, aimed at furthering the company’s commitment to exceptional service.
Professional Background of Puneet Nevatia
Puneet Nevatia comes to Fiduciary with over 25 years of robust experience in financial services, particularly emphasizing technology and operations. His most recent position was as Chief Information Officer and Head of Strategic Planning at Cambridge Trust Company, where he was instrumental in advancing technology solutions and streamlining strategic initiatives. Previously, he held significant roles at various leading organizations such as Publicis Sapient, Babson Capital Management, Wellington Management, and Cambridge Technology Partners.
Community Involvement and Contributions
Beyond his professional achievements, Puneet has demonstrated a profound commitment to community service. He is the Founder and President of Higher Possibilities Inc., an organization focused on empowering underprivileged communities. Furthermore, he is an active member of the Society of Information Management, showcasing his dedication to the continuous evolution of industry standards and practices.
Educational Background
Puneet Nevatia holds a Bachelor of Technology with Honors from the prestigious Indian Institute of Technology (IIT) Kharagpur. He furthered his academic achievements by obtaining a Master of Science degree from The Ohio State University, equipping him with a solid foundation to excel in his field.
Leadership's Vision for the Future
“We are thrilled to welcome Puneet to Fiduciary Trust,” expressed President and Chief Executive Officer Austin V. Shapard. “His extensive experience, coupled with his commitment to innovation and excellence, will play a key role in further enhancing our ability to deliver exceptional service to our clients.” This sentiment underscores the company’s ambition as it navigates through a dynamic financial landscape.
About Fiduciary Trust Company
Fiduciary Trust Company is a privately-owned wealth management firm focused on serving families, individuals, and nonprofits seeking objective and trustworthy guidance to grow and safeguard their investments. In addition to individualized services, the firm provides extensive offerings for professional financial advisors and single-family offices. Their comprehensive capabilities encompass wealth planning, tailored investment management, trustee and estate services, a donor-advised fund program, as well as family office, tax, and custody services.
Established in 1885 as a family office, Fiduciary Trust Company prides itself on a personal approach, sustained expertise, and a genuine commitment to act in its clients’ best interests. Their dedication is reflected in an impressive average client retention rate of 98% annually for over a decade, highlighting their effectiveness in fostering long-term client relationships.
For more information about Fiduciary's services, potential clients can visit their website or reach out to their team for further inquiries.
Frequently Asked Questions
Who is Puneet Nevatia?
Puneet Nevatia is the new Chief Operating Officer at Fiduciary Trust Company, bringing over 25 years of experience in financial services.
What role will Puneet Nevatia serve at Fiduciary Trust?
As COO, Puneet will oversee the company’s operations, technology, and information security functions.
What is Fiduciary Trust Company known for?
Fiduciary Trust Company is known for its exceptional wealth management services for families, individuals, and nonprofits.
When was Fiduciary Trust Company founded?
The firm was founded in 1885, starting as a family office and evolving into a leading wealth management firm.
What kind of services do they provide?
Fiduciary offers a range of services, including investment management, estate services, and comprehensive wealth planning.
