President & Chief Fiduciary Officer
Lawyer, accountant, and fiduciary, Derek Fletcher serves as the President and Chief Fiduciary Officer of Beneficient (Ben).
As an expert on fiduciary issues and estate planning, Mr. Fletcher has played a central role in the development of Ben’s products and structure. He serves as the company’s point person as it relates Ben’s operations, through one of its subsidiaries, under the Technology-Enabled Financial Fiduciary Financial Institutions (TEFFI) Act in the state of Kansas, a new legislative infrastructure that has been critical to Ben’s success.
Prior to joining Ben in 2018, Mr. Fletcher spent eight years at Bank of America Private Wealth Management as Managing Director, WPS Market Director and Wealth Strategist. Before that, he was a shareholder and estate planning attorney for Winstead PC, a national business law firm based in Dallas, Texas. Befitting his experience, Mr. Fletcher is a fellow on the American College of Trust and Estate Counsel and has served as chairman of the Dallas Bar Association’s Probate, Trusts and Estates Section and the American Bar Association’s Estate and Gift Tax Committee. He has also been a member of the Board of Governors of the Dallas Estate Planning Council.
Mr. Fletcher is board certified in estate planning and probate law and is a certified public accountant. Mr. Fletcher earned a bachelor’s degree in accounting from Texas Tech University and a law degree from the University of Texas School of Law.