Fiduciary Trust Company International has recruited Claudia Reithauser as managing director and business development officer of Fiduciary Trust International of the South, based in Miami, FL.

Fiduciary Trust Company International has recruited Claudia Reithauser from Northern Trust as managing director and business development officer of Fiduciary Trust International of the South, based in Miami, FL.

“We continue to see, and want to take advantage of, the tremendous growth in South Florida as more and more people recognize that this is an attractive area to relocate to in both their pre- and post-retirement years,” said Gail Cohen, vice chairman of Fiduciary Trust Company International and chairman of Fiduciary Trust International of the South.

Reithauser spent almost a decade at Northern Trust as a vice president and senior trust advisor, focused on ultra high net worth individuals and families.

“Having lived in Miami for decades, I know it is critical to have the local knowledge and expertise to truly understand the unique needs and cultural subtleties of this region,” said Teresa Valdes-Fauli Weintraub, president and chief executive of Fiduciary Trust Company International of the South.

Fiduciary Trust Company International, a global investment management firm and parent company of Fiduciary Trust International of the South, has over $46 billion in assets under administration and management as of September 30, 2014.

The firm - an affiliate of Franklin Templeton Investments - and its subsidiaries have offices in New York, Miami, Boca Raton, Los Angeles, San Mateo, CA, Washington, DC, Wilmington, DE, St Petersburg, FL, as well as London and Hong Kong.