Recent News
September 16, 2019

Wilmington Trust and Nasdaq Fund Network Provide First Publicly Searchable Ticker Symbols for Collective Investment Trusts (CITs)

Nasdaq  and Wilmington Trust announced the first-ever tickers for Collective Investment Trusts (“CITs”) on Nasdaq Fund Network (NFN). NFN is a global dissemination service whose mission is to bring greater retail investment transparency to the world’s financial markets. NFN and Wilmington Trust, a leader in institutional trust services, have collaborated to provide searchable tickers for more than 200 CITs. CITs are low-cost investment vehicles similar in structure to mutual funds, but available only to 401(k) and other qualified retirement plans. NFN now enables investors to easily access information on these low-cost investment funds with a standardized ticker for the first time. (more)
September 10, 2019

Wilmington Trust Collaborates with Federated Investors, Inc. To Offer Collectives Investment Trusts to Retirement Plans

Wilmington Trust announced today a collaboration with Federated Investors, Inc., to provide collective investment trusts (CIT) for defined contribution clients. This collaboration between Wilmington Trust and Federated will create seamless and efficient CIT onboarding implementation and maintenance processes for clients and plan sponsors. The collaboration allows Wilmington Trust to broaden its product spectrum by offering the Federated High Yield Bond Collective Investment Fund and the Federated Prime Cash Collective Investment Fund, which will be the first prime cash vehicle from Wilmington Trust.   
August 27, 2019

Wilmington Trust Appoints 12 Wealth Advisors and Strategists Across Core U.S. Markets as it Launches an Enhanced Operating Model

Wilmington Trust announced today the appointment of 12 new wealth advisors and wealth strategists, across key U.S. markets including New York, Los Angeles, Florida, Baltimore, and Pennsylvania. These 12 senior executives join many more that were brought on within the past 18 months in its U.S. Markets, Family Wealth, Private Banking and Wealth Planning divisions, significantly increasing key client-facing staff since 2018.  (more)
July 10, 2019

AllianceBernstein Partners with Wilmington Trust to Offer an Enhanced Collective Investment Trust Lineup to Plans of All Sizes

AllianceBernstein (AB), a global investment management firm, and Wilmington Trust, a leader in institutional trust services, today announced they will partner to provide collective investment trusts (CIT) for defined contribution clients, supported by outstanding administrative and custody services.  (more)
June 27, 2019

Business Owners Reveal Strong Support for Trump Administration, but Majority Fear Recession and Trade Could Impact Success, New Study Finds

Owners of privately held U.S. businesses strongly or somewhat support the Trump administration (59%) and are overwhelmingly optimistic (98%) about their ability to meet their personal financial goals in the coming years.  (more)
May 09, 2019

Wilmington Trust Honored as ‘Securitization Trustee of the Year’ by GlobalCapital

Wilmington Trust was recognized as the “Securitization Trustee of the Year” for 2019 by GlobalCapital at their annual US Securitization Awards ceremony held in New York on May 8. In 2017, Wilmington Trust was honored as “Overall Best Securitization Trustee of the Year” by GlobalCapital. (more)

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