Fiduciary Trust Company International hired Thomas K. Loizeaux for its business development group in New York to bring in more wealthy individuals and families as clients.
Mr. Loizeaux, a vice president, was hired last month from Bessemer Trust Co., also in New York, where he worked five years in a similar post. He joins six other business development executives who report to executive vice president Henry C. Barkhorn 3d.
"Tom is an enthusiastic, down-to-earth, entrepreneurial new business developer," Mr. Barkhorn said in a prepared statement. He added that Mr. Loizeaux is "highly successful at identifying and establishing new relationships for individuals and trusts, particularly for first-generation wealth."
Mr. Loizeaux received his MBA from Duke University and his bachelor's degree from Williams College.
Fiduciary, founded in 1931 by a group of affluent families, manages more than $37 billion of assets for individual and institutional investors, such as foundations, government entities, and international organizations.