BOSTON – December 11, 2024 — Fiduciary Trust Company (“Fiduciary”) is pleased to announce that Puneet Nevatia has joined as Chief Operating Officer. In this role, Puneet oversees the company’s operations, technology, and information security functions and will further advance Fiduciary’s exceptional service, quality and efficiency.
Puneet brings more than 25 years of financial services experience, with a strong focus on technology and operations. Most recently, he served as Chief Information Officer and Head of Strategic Planning at Cambridge Trust Company, where he was instrumental in advancing technology solutions and strategic initiatives. Puneet has also held senior roles at organizations including Publicis Sapient, Babson Capital Management, Wellington Management, and Cambridge Technology Partners.
In addition to his professional achievements, Puneet is committed to community involvement as the Founder and President of Higher Possibilities Inc. He is also an active member of the Society of Information Management.
Puneet earned a Bachelor of Technology with Honors from the Indian Institute of Technology (IIT) Kharagpur and a Master of Science degree from The Ohio State University.
“We are thrilled to welcome Puneet to Fiduciary Trust,” said 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.”
About Fiduciary Trust Company
Fiduciary Trust Company is a privately owned wealth management firm that serves families, individuals and nonprofits seeking objective advice to help grow and protect their investments. The firm also provides a range of services to professional financial advisors and single-family offices. Fiduciary’s capabilities include comprehensive wealth planning, customized investment management, trustee and estate services, a donor-advised fund program, and family office, tax and custody services.
Founded in 1885 as a family office, Fiduciary takes a personal approach based on expertise, strong performance and a genuine commitment to act in its clients’ best interests. The firm’s client focus has enabled it to achieve an average 98% annual client retention rate for over a decade.
For additional information about Fiduciary’s services, please visit www.fiduciary-trust.com, or contact Sidney Queler at 617-292-6799 or queler@fiduciary-trust.com.