Diversified Trust has announced that R. Samuel Fraundorf has been named the firm’s chief investment officer. Fraundorf, who will be based in the company's Atlanta office, previously served as head of investment strategy at Wilmington Trust.

Fraundorf will oversee investment strategy for the firm’s $5 billion of client assets under management. The company was founded  in 1994 and also has offices in Greensboro, N.C., and Memphis and Nashville, Tenn.