WESTERLY, R.I., Nov. 15, 2021 /PRNewswire/ -- The Washington
Trust Company today announced it is rebranding its wealth
management offices across Rhode
Island, Massachusetts, and
Connecticut under one unified
name: "Washington Trust Wealth Management."
The name, Washington Trust Wealth Management, is already in use
by the company's RI-based wealth management group, and will now
encompass Wellesley, MA-based
Weston Financial Group and New Haven,
CT-based Halsey Associates, which were acquired by
Washington Trust in 2005 and 2015, respectively, but until now
had retained the use of their own names. Through the rebranding,
the Bank is reinforcing its comprehensive and integrated wealth
management offer which includes financial planning, investment
management, trust & estate planning and administration, and
banking & lending services.
"Through both organic growth and strategic acquisitions,
Washington Trust has built one of New England's premier boutique
advisory groups, with more than $7
billion in assets under administration," stated Edward O. Handy III, Chairman and Chief
Executive Officer. "The rebranding effort is a natural evolution of
the growth and maturation of our wealth management division and
name reflects the strength and stability of our 220+ year old
parent company."
Kathleen A. Ryan, Esq.,
Washington Trust Executive Vice President and Chief Wealth
Management Officer, added, "The unified name reflects our unique
approach to holistic wealth management that includes customized
financial planning, broad investment management capabilities, and
full trust services. Ryan added, "By operating as one organization,
we will be able to offer clients Washington Trust's complete
resources to help them manage their wealth, achieve their financial
planning goals, build a legacy, and meet their banking and
borrowing needs."
As part of the rebrand, the Bank has also launched an enhanced
wealth management public website: washtrustwealth.com. The site is
designed to reflect the Bank's unified wealth management division,
showcase its comprehensive, planning-based offer, and deliver
compelling thought leadership to wealth management clients and
other users.
ABOUT WASHINGTON
TRUST®
Founded in 1800, Washington
Trust is the oldest community bank in the nation and one of
the Northeast's premier financial services companies. Washington
Trust offers a full range of financial services, including
commercial banking, mortgage banking, personal banking and wealth
management and trust services through its offices located in
Rhode Island, Connecticut and Massachusetts. The Washington Trust Company is
a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ:
WASH). Additional information on Washington Trust and its
subsidiaries can be found at www.washtrust.com.
ABOUT WASHINGTON TRUST
WEALTH MANAGEMENT®
Washington Trust Wealth
Management ("WTWM") is a premier regional wealth advisory group
with more than $7.4 billion in assets
under administration, as of September 30,
2021. WTWM provides client-focused financial solutions to
individuals, families, foundations, endowments, municipalities, and
businesses. WTWM delivers customized financial planning, broad
investment management, and full trust services to clients from its
offices in Rhode Island,
Massachusetts, and Connecticut. Washington Trust Wealth
Management is a registered trademark of The Washington Trust
Company, which has licensed its use to its parent,
affiliates, and subsidiaries, including Washington Trust Advisors,
Inc., an SEC-registered investment adviser. Additional
information can be found at www.washtrustwealth.com.
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SOURCE The Washington Trust Company