Frazer Rice

Managing Director and Senior Private Client Advisor

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Frazer Rice is responsible for providing comprehensive wealth management advice to high-net-worth individuals and families, entrepreneurs, business owners, and foundations and endowments throughout the metropolitan New York region.

Rice counsels clients on their investment management, estate planning, family office management, governance, philanthropic, trust, and life insurance planning needs. Rice works with a network of business groups, attorneys, accountants, investment banks, and family offices to provide solutions that require guidance from multiple professional services and financial advisory experts.

Rice joined Wilmington Trust as a private banker in 2002, serving over 40 individuals seeking solid financial solutions to protect their wealth, plan their estates, plan for the financial future of their children and grandchildren, create philanthropic organizations, and resolve a wide range of personal finance matters. Prior to joining Wilmington Trust, he practiced law in the Manhattan office of the distinguished Albany-based firm of Rice & Justice.

Rice earned his law degree from Emory University and his bachelor’s degree from Duke University, and is a graduate of Deerfield Academy. While in law school, he worked at Merrill Lynch, the Federal Reserve in Atlanta, the Securities Exchange Commission, and Lovette Consulting, an entertainment law firm.

A philanthropic leader for both local and national organizations, Rice is a member of the Board of Advisors for the Stokes Foundation, which works to bring the transforming experience of boarding school life directly to students in need, and Building Bridges to the Future Foundation, which is dedicated to rebuilding parts of tsunami-ravaged Indonesia. He has also worked with Junior Achievement of the Hudson Valley, Riverkeeper, the American Cancer Institute, and the Rose Marie Finnell Foundation.

Specialty Areas:

  • Wealth preservation and protection strategies
  • Strategic asset allocation
  • Relationship management for high-net- worth clients

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