How is Wilmington Trust Retirement and Institutional Services Company different from other trust companies?
We provide personal trust, retirement plan and institutional account services for brokers, registered investment advisors, investment managers, financial planners, third-party administrators, and financial management firms. We are a full-service trust company, providing all of the services available from typical bank or trust companies with two notable exceptions. First, we do not offer investment management services. Our advisor partners manage the investment of trust assets. This is very different from traditional bank and trust companies that require trust assets to be held and managed by the bank and trust companies. Second, we generally accommodate any custodian the advisor prefers. In this way, the advisor maintains complete control of the assets.
