Fiduciary’s New Hampshire Affiliate Surpasses $3B in AUS


Fiduciary Trust of New England has become the premier firm providing access to the Granite State’s favorable trust laws for clients nationwide

MANCHESTER, N.H.—January, 27, 2021—Fiduciary Trust of New England (FTNE), an independent New Hampshire-chartered trust company, is pleased to announce that it has surpassed $3 billion in assets under supervision, making it the largest independent New Hampshire trust company. FTNE combines the 135+ years of experience and independence of its Massachusetts affiliate, Fiduciary Trust Company (FTC), with New Hampshire’s advantageous trust laws.

“An important factor in our success has been educating professionals and families nationwide in the benefits of New Hampshire’s trust laws, including no state income, capital gains or estate tax, asset protection and other valuable features,” said FTNE President & CEO Michael N. Costa.

To learn more about New Hampshire’s trust advantages, please listen to a replay of our recent webcast here.

“We appreciate the confidence individuals, family offices, and financial advisors from around the country have placed in us,” comments FTNE Chairman and FTC President & CEO Austin V. Shapard. “FTNE’s focus has been on helping clients achieve their goals through combining our personal service and expertise with New Hampshire’s favorable trust laws.”

About Fiduciary Trust of New England

FTNE provides flexible trust administration services, including serving as a corporate trustee under directed trust arrangements, and also offers wealth planning and investment management services. In addition, FTC can provide custody services, and donor-advised funds are available through Fiduciary Trust Charitable. FTNE has been named a “Best Trust Company” and a “Most Advisor-Friendly Trust Company” by Wealth Advisor.

To learn more about Fiduciary Trust of New England, please contact Michael N. Costa, FTNE President & CEO, at 603-695-4321 or

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