Recent News
May 25, 2017

Wilmington Trust Adds Fred Beilstein as Senior Private Client Advisor to Atlanta Wealth Office

Wilmington Trust hired Fred Beilstein as a senior private client advisor for its Wealth Advisory office in Atlanta, Ga. He will provide wealth management advice to high-net-worth clients including families, entrepreneurs, business owners, and foundations and endowments. (more)
May 10, 2017

New Wealth Survey Finds Family Leaders Reluctant to Share Inheritance Details to Avoid Demotivating Heirs

A new survey of wealthy families found that nearly 30 percent of family leaders have no plans to share inheritance details out of fear of demotivating heirs. The study titled “Navigating the Wealth Transfer Landscape” by Campden Wealth, the Institute for Private Investors, and Wilmington Trust also showed that a majority of inheritors do not significantly alter their careers or lifestyles after receiving their inheritance. (more)
April 28, 2017

Wilmington Trust Hires Joe Donovan as Senior Sales Trust Representative for Institutional Retirement Services Division

Wilmington Trust, N.A. hired Joe Donovan as senior sales trust representative for its Institutional Retirement Services division. Based in Wilmington Trust’s office in Boston, he will work to grow collective investment trust (CIT) business nationwide as an investment vehicle for defined contribution 401(k) plans.  (more)
March 29, 2017

Wilmington Trust Hires Joshua Stowell as Senior Trust Sales Representative in the Global Capital Markets Division

Wilmington Trust, N.A. hired Joshua Stowell as senior trust sales representative for its Global Loan Agency Services group in the Global Capital Markets division. Based in the company’s Boston office, he will focus on expanding loan agency services to alternative capital providers, business development companies, and direct lenders.  (more)
March 20, 2017

Wilmington Trust Selected as Trustee for $2.7 Billion Volkswagen Environmental Mitigation Trust

Wilmington Trust, N.A. has been appointed trustee for the Volkswagen Environmental Mitigation Trust. The $2.7 billion trust, established as part of Volkswagen’s diesel emissions settlement, will be used to implement approved air pollution mitigation initiatives in U.S. states and federally-recognized Native American nations.  (more)
March 16, 2017

Wilmington Trust Hires Ali Naqvi as Director of Business Development in Global Capital Markets

Wilmington Trust, N.A. hired Ali Naqvi as a director of business development in the Global Capital Markets division. He will work to expand M&A escrow and paying agency services to corporate clients and law firms in the Western United States. Naqvi is based in the company’s office in Costa Mesa, Calif. (more)

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