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Washington Trust Closes Connecticut Acquisition

Eliane Chavagnon Editor - Family Wealth Report August 7, 2015

Washington Trust Closes Connecticut Acquisition

Washington Trust has boosted its wealth management AuM by 15 per cent after closing an RIA acquisition.

Washington Trust has completed its acquisition of Halsey Associates, a New Haven, CT-based RIA.

The move boosts Washington Trust Wealth Management's assets under administration to around $6 billion - an increase of over 15 per cent.

Halsey Associates will retain its name and operate as a division of Washington Trust Wealth Management.

The firm's president James Zoldy and his team will continue to work with Halsey clients through the firm's corporate offices.

 

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