International merchant bank and money manager Lazard has hired former Fiduciary Trust adviser Sharon Klein to oversee the delivery of trust and estate-planning services to its private clients in the U.S. She reports to Thaddeus Shelly, chief executive of Lazard's U.S. wealth-management business.

Klein, a wealth adviser for nearly two decades, was trust counsel and head of estate advisory at Fiduciary Trust, a subsidiary of San Mateo, Calif.-based investment manager Franklin Templeton.