Fiduciary Trust Company International, a US-based privately owned investment manager, has opened an office in Boca Raton, Florida.

The new office will be managed by Gail Cohen, vice chairman of Fiduciary Trust Company International and Fiduciary Trust International of the South.

According to the company, Cohen will work closely with Teresa Weintraub, president and CEO of Fiduciary Trust International of the South and her Miami team.

Fiduciary Trust said that it intends to appoint local personnel to expand their Boca Raton presence.

Commenting on the opening of office, Cohen said: "We look forward to leveraging the resources of our Fiduciary colleagues in Miami to ensure that multiple generations of clients in Boca Raton receive the personalized guidance they need to meet their financial goals and preserve their wealth during all economic environments."