Neptune-GBX® & Fiduciary Trust International Team Up to Provide Precious Metals Investors with Institutional-Quality Custodian, Cash Management & Reporting Services

WILMINGTON, Del., Sept. 26, 2023

WILMINGTON, Del., Sept. 26, 2023 /PRNewswire/ -- Neptune-GBX^®, an international precious metals dealer and exchange operator, is enhancing its dynamic suite of products and services through a strategic relationship with Fiduciary Trust International, a wholly-owned subsidiary of Franklin Templeton. The two firms have come together to better support individual investors and financial professionals amidst a robust demand in the global precious metals market. Demand for precious metals is rising in response to geopolitical and macroeconomic shifts, especially for physical bullion, which possesses unique risk mitigating characteristics versus competing options.

The relationship between Neptune-GBX and Fiduciary Trust International is designed to provide clients with a holistic package of integrated products and services not previously available to investors. Among the numerous advantages this relationship offers is the option to safeguard these real assets through the comprehensive custodial services offered by Fiduciary Trust International, which operates in over 80 markets worldwide. The global wealth manager and highly personalized custodian also offers cash management and proprietary pricing services to investors in addition to its accounting and reporting services.

"Fiduciary Trust International has more than 90 years of experience helping high-net-worth investors and their families achieve their goals via customized wealth management and custody solutions—and it has the global support and expertise of Franklin Templeton, one of the world's largest investment management organizations," said Christopher Blasi, President and CEO of Neptune-GBX. "Together, we can make it easier for investors, and the financial advisors they work with, to administer and secure their investments in physical metals."

Another advantage of Neptune's new partnership with Fiduciary Trust International is the addition of an infrastructure which will greatly increase the distribution capabilities for Neptune's suite of products. This is made possible through Fiduciary Trust International's custody and reporting services for wealth managers, registered investment advisors (RIAs), and family offices. Now, financial professionals with multi-custodial practices can transact in these physical bullion assets for their clients in a way that meets the requirements for an assets under management (AUM) business model.

"Neptune-GBX's offering is fulfilling a highly specialized need in the marketplace," said David J. Lederer, CPPT, Director and Head of Investor Services at Fiduciary Trust International. "Our institutional-level custody services can help Neptune-GBX customers and their advisors manage their physical metal investments just like any other assets on their balance sheets. We look forward to continuing to work with Neptune-GBX to help investors safeguard their precious metals."