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A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
A deep dive into how advisors can best serve the evolving needs of their wealthiest clients
Tax Facts
Anticipate your clients' tax questions on Social Security, annuities and a range of investment products
Popular Financial Topics
Go deeper on emerging topics, as well as key firms and thought leaders
July 02, 2007 at 01:11 PM
A wealth advisory firm has expanded its footprint in New England.
Wilmington Trust Corp., Wilmington, Del., has closed on previously announced plans to acquire Bingham Legg Advisers L.L.C., Boston, a wealth management firm that works mainly with wealthy individuals and families.
The price of the deal and other terms were not disclosed.
Bingham McCutchen L.L.P., Boston, and Legg Mason Inc., Baltimore, founded Bingham Leg in 1999 as a joint venture.
Bingham Legg now is a registered investment advisor with $1.5 billion in assets under management and $887 million in assets under supervision.
Wilmington Trust is putting its own name on Bingham Legg, but it is keeping Bingham Legg’s offices and its 30 employees. Peter Simmons, the president of Bingham Legg, is now president of the Wilmington Trust Wealth Advisory Services office in Boston, Wilmington Trust says.
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