Washington Trust Announces New Private Client Group
January 08, 2019 at 01:45 am IST
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The Washington Trust Company announced a new private client initiative designed to provide personalized financial solutions for business owners, executives, and high net worth individuals, their families and their organizations. Washington Trust’s Private Clients Group will be led by Senior Vice President, Joseph Confessore, who will continue to serve as a Team Leader in the Bank’s Commercial and Institutional Banking Group. Robert A. Mancini, former President of the Rhode Island Society of Certified Public Accountants, has joined Washington Trust’s Private Clients Group as a Vice President and Senior Private Client Advisor. Washington Trust offers a wide range of financial services, including commercial, mortgage and personal banking, as well as wealth management, trust, and estate planning services. The Private Clients Group will serve as a single source of these services, providing tailored solutions with a holistic client experience. Confessore joined Washington Trust in 2003 and has been instrumental in the Bank’s middle market commercial and institutional lending throughout Southern New England. Prior to joining Washington Trust, he spent several years serving in regional and national financial institutions in roles supporting business owners and their companies from asset based lending and private banking platforms. Confessore has a bachelor's degree from the University of Rhode Island and an M.B.A. from Providence College. He is past President of the University of Rhode Island Alumni Association and continues to serve on the College of Business Advisory Council and as a Trustee of the URI Foundation. A Rhode Island resident, Confessore is an alumnus of Leadership Rhode Island and a board member of the RI Industrial Facilities Corporation.
Washington Trust Bancorp, Inc. is a holding company of The Washington Trust Company (the Bank). The Bank is a state-chartered bank and financial services company. The Company operates through two segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment includes commercial, residential and consumer lending activities; mortgage banking activities; deposit generation; cash management activities; banking activities, including customer support and the operation of automated teller machines (ATMs), telephone banking, internet banking and mobile banking services; as well as investment portfolio and wholesale funding activities. The Wealth Management Services segment includes investment management; holistic financial planning services; personal trust and estate services, including services as trustee, personal representative and custodian; settlement of decedentsâ estates; and institutional trust services, including custody and fiduciary services.