{"url":"https://nivawealth.com/firms/wilmington-trust-investment-management-19396","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/19396","regulatoryAum":140845836,"crd":"19396","history":[{"filedOn":"2021-06-14","regulatoryAum":3252228092,"clients":15704,"employees":68,"offices":5},{"filedOn":"2022-04-05","regulatoryAum":598977020,"clients":90,"employees":68,"offices":5},{"filedOn":"2023-06-22","regulatoryAum":466230794,"clients":90,"employees":65,"offices":5},{"filedOn":"2024-06-24","regulatoryAum":188937651,"clients":76,"employees":12,"offices":4},{"filedOn":"2025-03-27","regulatoryAum":129998276,"clients":86,"employees":17,"offices":4},{"filedOn":"2026-05-14","regulatoryAum":140845836,"clients":74,"employees":36,"offices":15}],"secFileNumber":"801-41081","legalName":"Wilmington Trust Investment Management LLC","displayName":"Wilmington Trust Investment Management","slug":"wilmington-trust-investment-management-19396","website":"https://wilmingtontrust.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Georgia limited liability company","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":"24 March 1992","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1903322.1081081082,"staff":{"employees":36,"advisory":30,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":140845836,"discretionary":140845836,"discretionaryAccounts":74,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":74,"regulatoryAum":140845836},{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"State or municipal government entities","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"Other investment advisers","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"Insurance companies","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"Sovereign wealth funds and foreign official institutions","clients":null,"fewerThan5":true,"regulatoryAum":0},{"label":"Corporations and other businesses","clients":null,"fewerThan5":true,"regulatoryAum":0}],"feePrograms":[{"role":"main","program":"Account Fee","feeBasis":"marginal","fee_tiers":[{"to":3000000,"pct":1.1,"from":0},{"to":5000000,"pct":0.8,"from":3000000},{"to":10000000,"pct":0.6,"from":5000000},{"to":20000000,"pct":0.5,"from":10000000},{"to":null,"pct":0.45,"from":20000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032283","versionId":1032283,"ratePeriod":"not_stated","fee_billing":"arrears","submittedOn":"2026-03-30","documentName":"WTIM FORM ADV PART 2A BROCHURE - MARCH 30, 2026","fee_rate_low":0.45,"fee_rate_high":1.1,"fee_negotiable":null,"minimum_account":3000000,"feeMinimumPeriod":null,"fee_minimum_annual":null}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T11:39:47.62106+00:00","documents":[{"name":"WTIM FORM ADV PART 2A BROCHURE - MARCH 30, 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032283","versionId":1032283,"submittedOn":"2026-03-30"}]},"custodians":[{"name":"Northern Trust Securities, Inc.","shortName":"Northern Trust Securities","location":"Chicago, IL","smaAssets":27912849},{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Mitfield, RI","smaAssets":87331252},{"name":"J.P. Morgan Securities LLC","shortName":"J.P. Morgan","location":"New York, NY","smaAssets":29727608},{"name":"TD Bank NA","shortName":"TD Bank NA","location":"Portland, ME","smaAssets":11106529},{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":2884484},{"name":"UBS Financial Services Inc.","shortName":"UBS Financial Services","location":"Weehawken, NJ","smaAssets":1777008}],"custodyNote":"Wilmington Trust Investment Management does not have custody of client assets.","leadership":[{"name":"Edna Warren","title":"Chair of the Board and Chief Executive Officer","crd":"5009086"},{"name":"Matthew Glaser","title":"Executive Vice President, Head of Equity and Non-Traditional Investments","crd":"2652525"},{"name":"John Kelley","title":"Senior Vice President, Chief Administrative Officer","crd":"4868529"},{"name":"Anthony Roth","title":"President, Chief Investment Officer & Elected Manager","crd":"4149212"},{"name":"Luke Tilley","title":"Executive Vice President & Chief Economist","crd":"6455008"},{"name":"Randy Vogel","title":"Executivevice President & Head of Fixed Income","crd":"2164514"},{"name":"Andrew Baldauf","title":"Chief Compliance Officer","crd":"1554676"},{"name":"Gerald Baker","title":"Elected Manager","crd":"7944101"},{"name":"Michael Keane","title":"Elected Manager","crd":"5630279"},{"name":"John McDonnell","title":"Chief Operations Officer","crd":"7357929"},{"name":"Lisa Roberts","title":"Elected Manager","crd":"4573450"}],"ownership":[{"label":"M&T Bank Corporation","detail":"Owner in the 75% or more ownership band and a control person, since May 2005."}],"filedOffices":{"otherThanPrincipal":14,"privateResidences":0},"listedOfficeAddresses":15,"foreignOffices":[],"officesByState":[{"state":"Connecticut","offices":1,"addresses":[{"street":"1310 Silas Deane Highway","city":"Wethersfield"}]},{"state":"Delaware","offices":2,"addresses":[{"street":"Wilmington Trust Center, 1100 North Market Street","city":"Wilmington","headquarters":true},{"street":"1100 North Market Street","city":"Wilmington"}]},{"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 York","offices":5,"addresses":[{"street":"277 Park Avenue","city":"New York"},{"street":"One Fountain Plaza","city":"Buffalo"},{"street":"250 South Clinton St.","city":"Syracuse"},{"street":"180 South Clinton Avenue","city":"Rochester"},{"street":"100 Motor Parkway","city":"Hauppage"}]},{"state":"Pennsylvania","offices":2,"addresses":[{"street":"150 North Radnor Chester Road","city":"Radnor"},{"street":"One South Market Square","city":"Harrisburg"}]},{"state":"Vermont","offices":1,"addresses":[{"street":"87 West Street","city":"Rutland"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"646-531-7248","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":22},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":21},{"label":"Investment grade corporate bonds","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":45},{"label":"Cash and cash equivalents","percent":9}],"privateFunds":0},"sources":{"adv1FilingDate":"14 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/19396/PDF/19396.pdf","brochureDate":"30 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1032283","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Wilmington Trust Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Wilmington Trust Investment Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Wilmington Trust Investment Management charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Wilmington Trust Investment Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Wilmington Trust Investment Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Wilmington Trust Investment Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Does Wilmington Trust Investment Management have a minimum investment?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Wilmington Trust Investment Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Wilmington Trust Investment Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Wilmington Trust Investment Management registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Wilmington Trust Investment Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 14 May 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"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 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."}