{"url":"https://nivawealth.com/firms/wilmington-trust-investment-advisors-106909","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/106909","regulatoryAum":17830844644,"crd":"106909","secFileNumber":"801-50883","legalName":"Wilmington Trust Investment Advisors, Inc.","displayName":"Wilmington Trust Investment Advisors","website":"https://www.wilmingtontrust.com/","linkedinUrl":"https://www.linkedin.com/company/wilmington-trust","founded":null,"organization":"Maryland corporation","fiscalYearEnd":"December","headquarters":{"street":"Wilmington Trust Center, 1100 North Market Street","city":"Wilmington","state":"DE","stateName":"Delaware","country":"United States","postalCode":"19890-0001"},"tradeNames":["Wilmington Investment Management"],"registration":{"secApproved":"27 December 1995","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":104,"advisory":74,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":17763123529,"discretionaryAccounts":3520,"nonDiscretionary":67721115,"nonDiscretionaryAccounts":20,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":3},"clientTypes":[{"label":"High-net-worth individuals","clients":6,"regulatoryAum":36470579},{"label":"Investment companies","clients":1,"regulatoryAum":1597037352},{"label":"Pension and profit-sharing plans","clients":21,"regulatoryAum":3623187023},{"label":"Charitable organizations","clients":49,"regulatoryAum":1547787432},{"label":"State or municipal government entities","clients":15,"regulatoryAum":2614986358},{"label":"Insurance companies","clients":8,"regulatoryAum":327657958},{"label":"Corporations and other businesses","clients":49,"regulatoryAum":1266816861},{"label":"Other","clients":6,"regulatoryAum":6816901081}],"fees":[],"feeNotes":[],"custodians":[],"custodyNote":"Wilmington Trust Investment Advisors has custody of client assets.","otherCustodians":[],"leadership":[{"name":"Edna Warren","title":"Chair of the Board and Chief Executive Officer","crd":"5009086"},{"name":"Gerald Baker","title":"Director/Executive Vice President","crd":"7944101"},{"name":"Matthew Glaser","title":"Executive Vice President & Head of Equity and Non-Traditional Investments","crd":"2652525"},{"name":"Anthony Roth","title":"President & Chief Investment Officer, Director","crd":"4149212"},{"name":"Luke Tilley","title":"Executive Vice President & Chief Economist","crd":"6455008"},{"name":"Randy Vogel","title":"Executive Vice President and Head of Fixed Income","crd":"2164514"},{"name":"Andrew Baldauf","title":"Chief Compliance Officer","crd":"1554676"},{"name":"Michael Keane","title":"Director","crd":"5630279"},{"name":"John Kelley","title":"Chief Administrative Officer & Chief Operations Officer","crd":"4868529"},{"name":"Lisa Roberts","title":"Director","crd":"4573450"}],"ownership":[{"label":"Manufacturers and Traders Trust Company","detail":"Sole stockholder in the 75% or more ownership band and a control person, since April 2003."},{"label":"M & T Bank Corporation","detail":"Indirect owner: a sole stockholder of Manufacturers and Traders Trust Company in the 75% or more band and a control person, since November 1969.","parent":"Manufacturers and Traders Trust Company"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":15,"privateResidences":0},"listedOfficeAddresses":16,"officesByState":[{"state":"California","offices":1,"addresses":[{"street":"10250 Constellation BLVD","city":"Los Angeles"}]},{"state":"Delaware","offices":1,"addresses":[{"street":"Wilmington Trust Center, 1100 North Market Street","city":"Wilmington","headquarters":true}]},{"state":"Maine","offices":1,"addresses":[{"street":"350 Fore Street","city":"Portland"}]},{"state":"Maryland","offices":2,"addresses":[{"street":"One Light Street","city":"Baltimore"},{"street":"77 Upper Rock Circle","city":"Rockville"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"115 Federal Street","city":"Boston"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"45 Eisenhower Drive","city":"Paramus"}]},{"state":"New York","offices":4,"addresses":[{"street":"3 City Center","city":"Rochester"},{"street":"One Fountain Plaza","city":"Buffalo"},{"street":"277 Park Avenue","city":"New York"},{"street":"250 South Clinton Street","city":"Syracuse"}]},{"state":"Pennsylvania","offices":4,"addresses":[{"street":"101 West 3rd Street","city":"Williamsport"},{"street":"1330 South Atherton Street","city":"State College"},{"street":"One South Market Square","city":"Harrisburg"},{"street":"150 N. Chester Road","city":"Radnor"}]},{"state":"Vermont","offices":1,"addresses":[{"street":"77 Pine Street","city":"Burlington"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"646-531-7248","stateRegisteredReps":17,"otherAdviserReps":17,"compensation":["A percentage of assets under management","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Other"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":19},{"label":"U.S. government/agency bonds","percent":16},{"label":"U.S. state and local bonds","percent":25},{"label":"Investment grade corporate bonds","percent":7},{"label":"Securities issued by registered investment companies or business development companies","percent":23},{"label":"Cash and cash equivalents","percent":9}],"privateFunds":0},"sources":{"adv1FilingDate":"27 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/106909/PDF/106909.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Wilmington Trust Investment Advisors have?","answer":"Wilmington Trust Investment Advisors has 155 clients and manages $17.8 billion for them, as of August 2026. They include 49 charitable organizations, 49 corporations and other businesses and 21 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 27 August 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Wilmington Trust Investment Advisors offer?","answer":"Wilmington Trust Investment Advisors provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Wilmington Trust Investment Advisors have?","answer":"Wilmington Trust Investment Advisors has 17 investment adviser representatives registered with state securities authorities, out of 104 employees, and 74 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Wilmington Trust Investment Advisors invest in?","answer":"At the end of its last fiscal year, Wilmington Trust Investment Advisors’ separately managed accounts held 25% state and local bonds, 23% registered funds (mutual funds, ETFs, BDCs), 19% exchange-traded equities, 16% U.S. government and agency bonds, 9% cash and equivalents and 7% investment grade corporate bonds. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Wilmington Trust Investment Advisors?","answer":"Wilmington Trust Investment Advisors is owned through a trust by M & T Bank Corporation. Its direct owner is Manufacturers and Traders Trust Company (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 27 August 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Wilmington Trust Investment Advisors get paid?","answer":"Wilmington Trust Investment 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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}