Wilmington Trust Investment Advisors, Inc

CRD#106909
Investment Advisor Firm

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Learn more about Wilmington Trust Investment Advisors, Inc

  • Overview
  • By the Numbers
  • Products and Services
  • Fee Structure
  • Types of Clients
  • Disclosures
  • State Registrations
  • Office Locations
  • Firm Advisors

    • Overview

    Wilmington Trust Investment Advisors, Inc is located at Wilmington Trust Center, Wilmington, DE. The firm employs 95 financial advisors to manage client portfolios and provide financial guidance. Wilmington Trust Investment Advisors, Inc is not a registered broker-dealer.

    Wilmington Trust Investment Advisors, Inc oversees $16.5 billion in assets under management across 3,487 accounts, of which 3,467 are discretionary and 20 are non-discretionary. The services offered include portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and other services. The firm caters to high net worth investors, investment companies, pension plans, charitable organizations, state or municipal government entities, insurance companies, corporations, and other types of investors, with corporations being the largest client type by accounts. The fee structure at Wilmington Trust Investment Advisors, Inc includes asset-based and fixed fees. The firm has 6 high net worth clients and maintains affiliations with a broker-dealer or securities dealer, banking or thrift institution, trust company, insurance company or agency, pension consultant, and commodity pool advisor.

    Wilmington Trust Investment Advisors, Inc is registered in the states of Connecticut, Delaware, District of Columbia, Florida, Georgia, Louisiana, Maryland, Nebraska, New Hampshire, New Jersey, New York, Pennsylvania, Texas, and Virginia.

    Assets Under Management

    $16.5 billion

    Number of Advisors

    95

    Disclosures

    No

    Office Location

    Wilmington Trust Center
    Wilmington, DE 19890-0001

    Wilmington Trust Investment Advisors, Inc by the Numbers

    Total Assets Under Management

    $16.5 billion

    National Average: $8.6 billion
    Total Number of Employees

    137

    National Average: 64
    Total Number of Accounts

    3,487

    National Average: 375,227
    Average Account Size

    $4.7 million

    National Average: $23.0 thousand
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    Products and Services

    Wilmington Trust Investment Advisors, Inc offers a variety of financial services, including portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and other services. However, Wilmington Trust Investment Advisors, Inc did not provide financial planning services to any of its accounts in the previous financial year. The Firm is not engaged in selling products or offering services aside from investment advisory services to its investment advisory accounts.

    Core Advisor Services

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      Financial Planning Services

      This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

    • Offered by 46% of firms

      Portfolio Management

      This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

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      Market Timing Services

      This is the practice of attempting to make short-term profits on investments by buying low and selling high.

    Other Services

    • Offered by 20% of firms

      Selection of Other Advisors

      This is the firm's assistance with choosing other advisors to work with who may have different specialties.

    • Offered by 3% of firms

      Publication of Periodicals

      This is the publication of various financial education materials.

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      Educational Seminars/Workshops

      This is the hosting of seminars or workshops to educate investors on financial concepts.

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    Fee Structure

    Financial advisory fees largely vary depending on which service is provided. Fees billed by Wilmington Trust Investment Advisors, Inc can include any blend of the following fee structures: asset-based or fixed.

    Available

    • Offered by 69% of firms

      Percentage of Assets

      Show Explanation

      This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

    • Offered by 32% of firms

      Fixed

      Show Explanation

      Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

    Unavailable

    • Find one of the 21% of firms that offer this fee type

      Hourly

      Show Explanation

      Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

    • Find one of the 1% of firms that offer this fee type

      Commissions

      Show Explanation

      Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

    • Find one of the 26% of firms that offer this fee type

      Performance-based

      Show Explanation

      Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

    • Find one of the 0% of firms that offer this fee type

      Subscription

      Show Explanation

      Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

    • Find one of the 10% of firms that offer this fee type

      Other

      Show Explanation

      Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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    Types of Clients

    The firm manages money for a broad range of investors. It caters to high net worth investors, investment companies, pension plans, charitable organizations, state or municipal government entities, insurance companies, corporations, and other. Out of its 8 clients, Wilmington Trust Investment Advisors, Inc's largest client type by number of accounts is other, although it also caters to 6 high-net-worth individuals. The SEC defines a high-net-worth individual as someone who has at least $750,000 in AUM or a net worth of at least $1,50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments).

    • High-Net-Worth Individuals* - 3.53%
    • Other Individuals - 0%
    • Corporations - 68.82%
    • Charitable Organizations - 27.65%

    * The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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    Disclosures

    Wilmington Trust Investment Advisors, Inc does not have any disclosures.

    Please visit its Form ADV for more details.

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    Financial Advisors at Wilmington Trust Investment Advisors, Inc

    Terri Rumans
    Wilmington, DE
    Anthony Roth
    Wilmington, DE
    Morgan Mohrman
    Boston, MA
    Camilla Merrick
    Wilmington, DE
    Wilson Yi
    Wilmington, DE
    Christopher Sporcic
    Wilmington, DE
    Stephen Seivold
    Baltimore, MD
    Sherry Whidden
    Baltimore, MD
    Sarah Mclaughlin
    Wilmington, DE

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