Frank Sutton Named Chief Fiduciary Officer; Marguerite Weese Named Chief Wealth Strategist
Wilmington Trust, a leader in wealth management and corporate and institutional trust services, announced the elevation of two of its executives to key new roles in the U.S., as the firm bolsters its leadership team across critical businesses.
In this recent move, Frank Sutton has been named Chief Fiduciary Officer and Marguerite Weese has been named Chief Wealth Strategist.
These new roles come as Wilmington Trust — a division of M&T Bank Corp. (MTB-NYSE) — continues to expand and deepen its leadership team and grow its planning and Trust business under Head of Wilmington Trust, Jennifer Warren.
“With the depth of industry knowledge and experience both Frank and Marguerite bring to our team, we have elevated two exceptional leaders,” Warren said. “I’m looking forward to working closely with both of them while helping provide our customers and clients with the great level of service and insights they deserve and have come to expect from us.”
These two promotions went into effect immediately and both will report to Donald DiCarlo, who leads Wilmington Trust’s planning and trust business lines.
Frank Sutton
Frank Sutton was named Chief Fiduciary Officer and Head of Trust Administration and is responsible for trust administration across, and oversight of, the firm’s tax, unique assets and estate settlement teams. He is focused on integrating trust teams into local markets and aligning them with planning professionals to drive growth in the trust and estate business.
In his previous role at Wilmington Trust, Sutton oversaw a team of trust officers responsible for delivering personal trust and estate administration services. He also served as Head of New Trust Business Acceptance.
Prior to joining Wilmington Trust, Sutton spent time at JP Morgan, Merrill Lynch Trust Co. and U.S. Trust Co. and was a trusts and estates attorney in New Jersey and New York.
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