Carol KrochManaging Director of Wealth and Philanthropic Planning
The 50 winners were chosen by peer nominations, industry experts, and PAM’s editorial panel. Selection factors included level of responsibility, current and past professional roles, and contributions to the wealth management industry. The winners were announced in the inaugural awards feature in the May issue of PAM.
“I’m pleased by the increasing number of women in the private wealth workforce, particularly on the fiduciary side,” said Kroch. “As more and more women become wealth creators, their expectations for wealth management services increase. Developing a balanced workforce is imperative for success, and an important part of that process is having women in senior positions to actively mentor and provide support to women coming up through the ranks.”
Kroch is responsible for oversight of charitable trusts and leading the Wealth and Estate Planning Committee, a team of attorneys and financial planners who focus on trust and estate planning, income tax and financial planning, and philanthropic planning for Wilmington Trust’s Wealth Advisory. She has extensive experience working with individuals and nonprofit organizations in estate, trust, and charitable gift planning, as well as advising not-for-profit corporations and trusts, including private foundations and public charities.
“It’s great to see Carol receive this much-deserved recognition from the industry,” said Mark Graham, executive vice president of Wealth Advisory Services at Wilmington Trust. “We appreciate her strong devotion to our profession and to the clients we serve. We’re honored to have her as a friend and colleague.”
She holds a J.D. from Boston College Law School, and a bachelor’s degree from Wellesley College. She serves on the Council of the American Bar Association Section of Real Property, Trust and Estate Law and is the Supervisory Council member for the Charitable Planning and Organizations Group. She is also a member of the National Conference of Lawyers and Corporate Fiduciaries and the Exempt Organizations Committee of the ABA Tax Section.
Kroch serves as chair of the Nemours A.I. duPont Hospital for Children Planned Giving Committee and is a member of the Children’s Hospital of Philadelphia Legacy Advisors Group.