Family Office
Wilmington Trust names new chief economist

Wealth-manager promotes Atlanta-based portfolio strategist.
Dorsey Farr has replaced Robert Christian as Wilmington Trust’s
chief economist. Christian has retired after about 10 years with
Wilmington. In assuming the chief economist’s responsibilities
Farr will continue in his role as the Wilmington, Del.-based
trust company’s director of asset allocation and portfolio
strategy.
“Dorsey is an accomplished economist with outstanding credentials
and analytical skills,” says Robert Balentine, head of
Wilmington’s investment-management unit. “His insights about the
financial markets and his asset allocation decisions have helped
our high-net-worth clients navigate challenging investment waters
over the last several years.”
Farr joined Atlanta-based Balentine & Company as senior economist
in 2000 after completing a doctorate in economics. In 2002,
Wilmington acquired Balentine & Company. Wilmington subsequently
established headquarters for its investment-management business
in Atlanta under Balentine, and added several senior
professionals to its investment team there. Wilmington’s
wealth-advisory business offers financial and estate planning,
fiduciary, investment-management, private banking and
family-office services.
Wilmington Trust had about $40 billion in assets under management
at the end of 2005. Besides its headquarters in Delaware, the
trust company and its affiliates have offices in California,
Florida, Georgia, Maryland, Nevada, New York, Pennsylvania, South
Carolina and Vermont. Overseas it has offices in London, Dublin,
the Cayman Islands and the Channel Islands. –FWR
.