STREET MOVES: Wilmington Trust Hires Senior Family-Office Adviser
By Thomas Coyle, Of DOW JONES NEWSIRES
Wilmington Trust Corp. (WL) has hired former multifamily-office executive
Linda Bourn as a managing director of its family-office focused Wealth Advisory
Services business. Though based in New York, she will work with the trust
company's family-office clients throughout the U.S.
Wilmington Trust Wealth Advisory Services provides financial and risk
management, tax and accounting services, investment oversight and reporting, and
lifestyle-management services along with personal-trust, estate-planning
services.
Bourn comes to Wilmington Trust from Princeton, N.J.-based OmniVest Group -
formerly Clearbrook Partners, a multifamily office that broke away from
investment-platform provider Clearbrook Financial in the first quarter. Prior to
joining Clearbrook Partners in May 2008, she was family-office practice leader
at consulting firm Marsh & McLennan Inc. (MMC).
Mark Graham, head of Wilmington Trust Wealth Advisory Services, says finding
advisors as experiences as Bourn in working with ultra-wealthy families is a
tall order - a sentiment echoed by recruiters who specialize in finding
professional staffers for private and commercial family offices.
Wilmington, Del.-based Wilmington Trust has offices in 16 states as well as in
Europe and the Cayman Islands.
-By Thomas Coyle, Dow Jones Newswires; thomas.coyle@wsj.com
(END) Dow Jones Newswires
11-05-091045ET
Copyright (c) 2009 Dow Jones & Company, Inc.
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