Washington Trust Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, estate planning, insurance, tax planning, and tax preparation. Financial planning was provided to 101–250 clients last fiscal year.
Washington Trust Advisors reports 845 clients. They include 400 high-net-worth individuals, 381 individual clients, and 32 corporations and other businesses. Of its assets, 97.1% ($2.32B across 1,711 accounts) are managed with discretion; $69.1M across 68 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 45% | 7% |
| High-net-worth individuals | 47% | 77% |
| Pension and profit-sharing plans | 2% | 3% |
| Charitable organizations | 2% | 4% |
| Corporations and other businesses | 4% | 9% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 381 | $159M | 6.7% | $418K |
| High-net-worth individuals | 400 | $1.84B | 76.8% | $4.59M |
| Pension and profit-sharing plans | 15 | $77.2M | 3.2% | $5.15M |
| Charitable organizations | 17 | $94.4M | 3.9% | $5.55M |
| Corporations and other businesses | 32 | $225M | 9.4% | $7.03M |
| Total | 845 | $2.39B | 100% | $2.83M |
- Clients
- 381
- Regulatory AUM
- $159M
- AUM share
- 6.7%
- Avg. per client
- $418K
- Clients
- 400
- Regulatory AUM
- $1.84B
- AUM share
- 76.8%
- Avg. per client
- $4.59M
- Clients
- 15
- Regulatory AUM
- $77.2M
- AUM share
- 3.2%
- Avg. per client
- $5.15M
- Clients
- 17
- Regulatory AUM
- $94.4M
- AUM share
- 3.9%
- Avg. per client
- $5.55M
- Clients
- 32
- Regulatory AUM
- $225M
- AUM share
- 9.4%
- Avg. per client
- $7.03M
Total
- Clients
- 845
- Regulatory AUM
- $2.39B
- AUM share
- 100%
- Avg. per client
- $2.83M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Washington Trust Advisors charges 0.30%–0.90% a year for its Investment Management and Advisory Services. Each asset band is charged at its own rate. The fee has a $7,500 annual minimum.
| Asset band | Annual rate |
|---|---|
| $0–$1.5M | 0.90% |
| $1.5M–$3M | 0.75% |
| $3M–$10M | 0.65% |
| $10M–$20M | 0.40% |
| $20M and above | 0.30% |
Fee details and sources
The Washington Trust Company, of Westerly owns 75% or more of Washington Trust Advisors. The leadership team of Washington Trust Advisors includes President Kathleen Ryan, Chief Financial Officer Ronald Ohsberg and Chief Compliance Officer Olalekan Adeduji. It has 21 employees, 13 of them in advisory roles.
Leadership
- Kathleen RyanPresident
- Ronald OhsbergChief Financial Officer and Treasurer
- Olalekan AdedujiChief Compliance Officer
- Kristen DisantoSecretary, Clerk and Annual Report Signer
- Joseph GencarellaDirector
- Mark GimDirector
- Edward HandyDirector
- Maria JanesController
- Sandra ParrilloDirector
- Edwin SantosDirector
- Peter SecristManaging Director and Principal Portfolio Manager
- Angel TaverasDirector
Investment adviser representatives
14 representatives listed in the SEC register as of 9 October 2026.
- Thomas Nelson Ellis JR
- Marilyn Joanna Gentilotti Esq.
- Larry Matthew Henderson
- James Maynard
- Andrea Kelly McNamara
- Stephen Charles Poplaski
- Donald Raymond Previe
- Peter Jonathan Secrist
- Michael Sheldon
- Kathleen Ann Smith
- Myra Jean Tucker
- Constance A Velander
- Aaron Pleau Wade
- James Stephen Zoldy JR
Staff
- 21 employees
- 13 in advisory functions
- 14 state-registered reps
- Owns 75% or more of Washington Trust Advisors, Inc.
The Washington Trust Company, of Westerly
Control person · since August 2005
- Owns 75% or more of Washington Trust Advisors, Inc.
The Washington Trust Company,
Control person · since August 2005
Washington Trust Advisors’ regulatory assets grew 1.9× from $1.28B (March 2021) to $2.39B (May 2026); clients rose from 538 to 845 and employees from 17 to 21.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $2.39B | 845 | 21 | 3 |
| March 2025 | $2B | 542 | 20 | 2 |
| June 2024 | $1.91B | 574 | 19 | 2 |
| April 2023 | $1.76B | 749 | 27 | 2 |
| July 2022 | $2.97B | 1,003 | 25 | 2 |
| March 2021 | $1.28B | 538 | 17 | 1 |
Besides its headquarters, Washington Trust Advisors has 2 offices, with 3 listed addresses in Connecticut, Massachusetts and Rhode Island.
Connecticut · 1 listed address
- 265 Church Street, New Haven
Massachusetts · 1 listed address
- 20 William St, Suite 135, WellesleyHQ
Rhode Island · 1 listed address
- 23 Broad Street, Westerly
Other business names
Washington Trust Advisors has reported 1 other business name to the SEC.
- Washington Trust Wealth Management
Contact and registration details
- Legal name
- Washington Trust Advisors, Inc.
- Headquarters
- 20 William St, Suite 135, Wellesley, MA 02481
- Website
- washtrustwealth.com
- Phone
- 781-235-7055
- SEC file
- 801-18403
- Structure
- Massachusetts corporation
- Fiscal year end
- December
Washington Trust Advisors uses Charles Schwab ($54.9M) as custodian for its separately managed accounts. Washington Trust Advisors has custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $54.9M100%
At year end, Washington Trust Advisors’ separately managed accounts were mostly in stocks (53%) and funds (28%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.35B across 724 positions; the largest are Quanta Services (7.6%), Palo Alto Networks (5.8%) and Apple (5.7%).
What the accounts hold
- Stocks53%
- Funds28%
- Bonds13%
- State and local bonds5%
- High-yield corporate bonds4%
- Investment grade corporate bonds3%
- U.S. government and agency bonds1%
- Cash6%
Reported 13F holdings
- $1.35B
- Reported 13F value
- 724
- Positions
- 43.5%
- In the 10 largest
- +8.9%
- Value vs. prior quarter
- Quanta Services7.6%
- Palo Alto Networks5.8%
- Apple5.7%
- Alphabet CL C5.2%
- Alphabet CL A4.0%
- Amazon3.5%
- Visa3.3%
- Meta Platforms2.8%
- Deere & Co2.8%
- Nvidia2.8%
Together, the ten largest are 43.5% of reported value.
How many clients does Washington Trust Advisors have?
Washington Trust Advisors has 845 clients and manages $2.39 billion for them, as of May 2026. They include 400 high-net-worth individuals, 381 individual clients, and 32 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 May 2026
What services does Washington Trust Advisors offer?
Washington Trust Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, selecting other managers, estate planning, insurance, tax planning, and tax preparation.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Washington Trust Advisors charge?
Washington Trust Advisors charges 0.30%–0.90% a year for its Investment Management and Advisory Services. Each asset band is charged at its own rate. The fee has a $7,500 annual minimum.
Source: WASHINGTON TRUST ADVISOR'S FORM PART 2A, filed 20 March 2026
Which custodians does Washington Trust Advisors use?
Washington Trust Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $54.9M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 May 2026
How many financial advisors does Washington Trust Advisors have?
Washington Trust Advisors has 14 investment adviser representatives registered with state securities authorities, out of 21 employees, and 13 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Washington Trust Advisors invest in?
At the end of its last fiscal year, Washington Trust Advisors’ separately managed accounts held 53% exchange-traded equities, 28% registered funds (mutual funds, ETFs, BDCs), 6% cash and equivalents, 5% state and local bonds, 4% high-yield corporate bonds, 3% investment grade corporate bonds and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Washington Trust Advisors?
Washington Trust Advisors’ direct owners are the Washington Trust Company, of Westerly (75% or more) and the Washington Trust Company (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 May 2026
How does Washington Trust Advisors get paid?
Washington Trust Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Washington Trust Advisors?
Washington Trust Advisors’ main office is at 20 William St, Suite 135, Wellesley, MA 02481. Its phone number is 781-235-7055. Its website is washtrustwealth.com.