The business is looking to build momentum in the South Florida market - an important segment.

Fiduciary Trust International has appointed William Y Yun as a senior advisor, returning to the firm he first joined in 1992. He was a portfolio manager for eight years before rising to executive vice president running the firm’s global equity division.

In his new role, Yun will concentrate on driving growth in South Florida – a market that has been attracting a number of firms in recent years seeking to tap the wealth of the state.

Yun, who is based in Palm Beach, has a 30-year tenure with Fiduciary Trust International and its parent company, Franklin Templeton. 

“Bill is a class act who is deeply embedded in our history and culture, and we are thrilled to be able to work with him again,” Gene Todd, head of regional markets at Fiduciary Trust International, said. “He has a long track record of driving growth across our organization. It is a testament to Bill, and to our firm, that he has chosen to continue his four-decade career with us – focusing on our ongoing expansion in South Florida, a key region for our business.”

Among other roles, Yun served as president of Fiduciary Trust International from 2000 until 2005, during which time he helped the firm rebuild following the 9/11 attacks. He has been a member of Fiduciary Trust International’s board of directors since 2000.

He subsequently served in various roles at Franklin Templeton including president of Franklin Templeton Institutional, president of Franklin Templeton’s Alternatives business, and most recently with Franklin Templeton Investment Solutions as head of advisory and wealth strategy.

Yun began his career in the financial services industry in 1981. Prior to joining Fiduciary Trust International, he worked in both asset management and investment banking at Blyth Eastman Paine Webber, First Boston, and CB Commercial Holdings. Yun holds the Chartered Financial Analyst designation and is a member of the CFA Society New York. He received his MBA from the Tuck School of Business at Dartmouth College and graduated from Harvard University with a BA.