Wilmington Trust Investment Management provides portfolio management for individuals and small businesses.
Wilmington Trust Investment Management reports 74 clients. They include 74 individuals. Of its assets, 100.0% ($141M across 74 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 100% | 100% |
| Pension and profit-sharing plans | Fewer than 5 | 0% |
| Charitable organizations | Fewer than 5 | 0% |
| State or municipal government entities | Fewer than 5 | 0% |
| Other investment advisers | Fewer than 5 | 0% |
| Other client typesInsurance companies; Sovereign wealth funds and foreign official institutions; Corporations and other businesses | Not reported | 0% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 74 | $141M | 100.0% | $1.9M |
| Pension and profit-sharing plans | Fewer than 5 | $0 | 0.0% | — |
| Charitable organizations | Fewer than 5 | $0 | 0.0% | — |
| State or municipal government entities | Fewer than 5 | $0 | 0.0% | — |
| Other investment advisers | Fewer than 5 | $0 | 0.0% | — |
| Insurance companies | Fewer than 5 | $0 | 0.0% | — |
| Sovereign wealth funds and foreign official institutions | Fewer than 5 | $0 | 0.0% | — |
| Corporations and other businesses | Fewer than 5 | $0 | 0.0% | — |
| Total | 74 | $141M | 100% | — |
- Clients
- 74
- Regulatory AUM
- $141M
- AUM share
- 100.0%
- Avg. per client
- $1.9M
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $0
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 74
- Regulatory AUM
- $141M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
Wilmington Trust Investment Management charges 0.45%–1.10% for its Account Fee. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in arrears and requires an account of at least $3,000,000.
| Asset band | Rate (period not stated) |
|---|---|
| $0–$3M | 1.10% |
| $3M–$5M | 0.80% |
| $5M–$10M | 0.60% |
| $10M–$20M | 0.50% |
| $20M and above | 0.45% |
Fee details and sources
M&T Bank Corporation owns 75% or more of Wilmington Trust Investment Management. Edna Warren is CEO; the leadership team includes President Matthew Glaser, Chief Investment Officer Anthony Roth and Chief Compliance Officer Andrew Baldauf. It has 36 employees, 30 of them in advisory roles.
Leadership
- Edna WarrenChair of the Board and Chief Executive Officer
Matthew GlaserExecutive Vice President, Head of Equity and Non-Traditional Investments- John KelleySenior Vice President, Chief Administrative Officer
- Anthony RothPresident, Chief Investment Officer & Elected Manager
- Luke TilleyExecutive Vice President & Chief Economist
Randy VogelExecutivevice President & Head of Fixed Income- Andrew BaldaufChief Compliance Officer
- Gerald BakerElected Manager
- Michael KeaneElected Manager
- John McDonnellChief Operations Officer
Lisa RobertsElected Manager
Staff
- 36 employees
- 30 in advisory functions
- Owns 75% or more of Wilmington Trust Investment Management LLC
M&T Bank Corporation
Control person · since May 2005
Wilmington Trust Investment Management’s regulatory assets fell from $3.25B (June 2021) to $141M (May 2026); clients fell from 15,704 to 74 and employees from 68 to 36.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $141M | 74 | 36 | 15 |
| March 2025 | $130M | 86 | 17 | 4 |
| June 2024 | $189M | 76 | 12 | 4 |
| June 2023 | $466M | 90 | 65 | 5 |
| April 2022 | $599M | 90 | 68 | 5 |
| June 2021 | $3.25B | 15,704 | 68 | 5 |
Besides its headquarters, Wilmington Trust Investment Management has 14 offices, with 15 listed addresses across 8 states.
New York · 5 listed addresses
- 277 Park Avenue, New York
- One Fountain Plaza, Buffalo
- 250 South Clinton St., Syracuse
- 180 South Clinton Avenue, Rochester
- 100 Motor Parkway, Hauppage
Delaware · 2 listed addresses
- Wilmington Trust Center, 1100 North Market Street, WilmingtonHQ
- 1100 North Market Street, Wilmington
Maryland · 2 listed addresses
- One Light Street, Baltimore
- 77 Upper Rock Circle, Rockville
Pennsylvania · 2 listed addresses
- 150 North Radnor Chester Road, Radnor
- One South Market Square, Harrisburg
Connecticut · 1 listed address
- 1310 Silas Deane Highway, Wethersfield
Maine · 1 listed address
- 350 Fore Street, Portland
Massachusetts · 1 listed address
- 115 Federal Street, Boston
Vermont · 1 listed address
- 87 West Street, Rutland
Other business names
Wilmington Trust Investment Management has reported 1 other business name to the SEC.
- Wilmington Investment Management
Contact and registration details
- Legal name
- Wilmington Trust Investment Management LLC
- Headquarters
- Wilmington Trust Center, 1100 North Market Street, Wilmington, DE 19890-0001
- Website
- wilmingtontrust.com
- Phone
- 646-531-7248
- SEC file
- 801-41081
- Structure
- Georgia LLC
- Fiscal year end
- December
Wilmington Trust Investment Management uses Fidelity ($87.3M, 54%), J.P. Morgan ($29.7M, 18%) and Northern Trust Securities ($27.9M, 17%), among others, as custodians for its separately managed accounts. Wilmington Trust Investment Management does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- Northern Trust SecuritiesNorthern Trust Securities, Inc. · Chicago, IL · $27.9M17%
- FidelityFidelity Brokerage Services LLC · Mitfield, RI · $87.3M54%
- J.P. MorganJ.P. Morgan Securities LLC · New York, NY · $29.7M18%
- TD Bank NATD Bank NA · Portland, ME · $11.1M7%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $2.88M2%
- UBS Financial ServicesUBS Financial Services Inc. · Weehawken, NJ · $1.78M1%
At year end, Wilmington Trust Investment Management’s separately managed accounts were largely in funds (45%) and bonds (24%).
What the accounts hold
- Stocks22%
- Funds45%
- Bonds24%
- State and local bonds21%
- Investment grade corporate bonds2%
- U.S. government and agency bonds1%
- Cash9%
How many clients does Wilmington Trust Investment Management have?
Wilmington Trust Investment Management has 74 clients and manages $141 million for them, as of May 2026. They include 74 individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 May 2026
What services does Wilmington Trust Investment Management offer?
Wilmington Trust Investment Management provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Wilmington Trust Investment Management charge?
Wilmington Trust Investment Management charges 0.45%–1.10% for its Account Fee. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is billed in arrears and requires an account of at least $3,000,000.
Source: WTIM FORM ADV PART 2A BROCHURE - MARCH 30, 2026, filed 30 March 2026
Which custodians does Wilmington Trust Investment Management use?
Wilmington Trust Investment Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Mitfield, RI), with $87.3M, J.P. Morgan Securities LLC (New York, NY), with $29.7M, Northern Trust Securities, Inc. (Chicago, IL), with $27.9M, TD Bank NA (Portland, ME), with $11.1M, Charles Schwab & Co., Inc. (Westlake, TX), with $2.88M and UBS Financial Services Inc. (Weehawken, NJ), with $1.78M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 May 2026
How many financial advisors does Wilmington Trust Investment Management have?
Wilmington Trust Investment Management has 0 investment adviser representatives registered with state securities authorities, out of 36 employees, and 30 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 Wilmington Trust Investment Management invest in?
At the end of its last fiscal year, Wilmington Trust Investment Management’s separately managed accounts held 45% registered funds (mutual funds, ETFs, BDCs), 22% exchange-traded equities, 21% state and local bonds, 9% cash and equivalents, 2% 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
Does Wilmington Trust Investment Management have a minimum investment?
Yes, Wilmington Trust Investment Management’s minimum account size for its Account Fee is $3M.
Source: WTIM FORM ADV PART 2A BROCHURE - MARCH 30, 2026, filed 30 March 2026
Who owns Wilmington Trust Investment Management?
Wilmington Trust Investment Management’s direct owner is M&T Bank Corporation (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 14 May 2026
How does Wilmington Trust Investment Management get paid?
Wilmington Trust Investment Management is paid through a percentage of assets under management. 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
Is Wilmington Trust Investment Management registered with the SEC?
Yes, Wilmington Trust Investment Management has been registered with the SEC as an investment adviser since 24 March 1992. Its CRD number is 19396 and its SEC file number is 801-41081.
Source: Form ADV Part 1A, Item 1, filed 14 May 2026; IAPD firm record
How do I contact Wilmington Trust Investment Management?
Wilmington Trust Investment Management’s main office is at Wilmington Trust Center, 1100 North Market Street, Wilmington, DE 19890-0001. Its phone number is 646-531-7248. Its website is wilmingtontrust.com.