Franklin Templeton Investments Corp. has launched a new company aimed at high net worth investors.

Fiduciary Trust Co. of Canada, formerly Bissett Private Client, will offer investment management, trust and executor, and other wealth management services.

The new trust company will house all of Franklin Templeton’s private-client services in Canada. Franklin Templeton Investments Private Client Group, which run the successful Quotential and Tapestry wrap programs, will be part of the trust company.

“The needs of Canada’s high net worth investors have evolved,” said Don Reed, president and CEO of Franklin Templeton. “They are looking for help on issues such as estate planning and wealth management; they need access to trustee services; and want advice on cross-border and off-shore financial solutions,”

The new company will be headed by James Cook, chairman, and Bill Dickie, president.