Asset manager · Wilmington, DE
Wilmington Funds Management Corporation
SEC-registered investment adviser · CRD 105163 · SEC 801-22071
At a glance
Wilmington Funds Management Corporation is an SEC-registered investment adviser based in Wilmington, Delaware, with $16.1 billion in regulatory assets under management as of its Form ADV filed March 30, 2026. Its largest client group by assets is investment companies. By Form ADV it is a asset manager, ranked 411th of 3,218 asset managers and 1,003rd of 17,210 SEC-registered advisers by assets.
Main office 302-651-8118wilmingtontrust.comAs filed on Form ADV
- Regulatory AUM
- $16B
- Rank among asset managers
- #411 of 3,218
- Rank among all SEC RIAs
- #1,003 of 17,210
- Rank in Delaware
- #4 of 39
- Clients
- 10
- Accounts
- 10
- Discretionary
- 100% of AUM
- Employees
- 39
- Advisory staff
- 34
- Offices
- 2
Owners and executives on its Form ADV
- John J. KelleyPresident
- Anthony M. RothSenior Executive Vice President, Chief Investment Officer and Director
- Luke A. TilleyExecutive Vice President & Chief Economist
- Matthew D. GlaserExecutive Vice President, Head of Equity and Non-Traditional Investments
- John C. McDonnellSenior Vice President, Chief Operations Officer, and Assistant Secretary
- Randy H. VogelExecutive Vice President & Head of Fixed Income
- Andrew J. BaldaufExecutive Vice President and Chief Compliance Officer
- Edna J. WarrenChair of the Board and Chief Executive Officer
- Gerald E. BakerDirector
- Lisa J RobertsDirector
- Michael J KeaneDirector
Custody and brokerage
Custodian
Wilmington Funds Management Corporation’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Affiliated broker-dealer
It names affiliated broker-dealers: M&t Securities, Inc. and Manufacturers and Traders Trust Company.
- M&t Securities, Inc. ↗CRD 17358
- Manufacturers and Traders Trust Company
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Investment companies | 10 | $16B | 100% |
Disciplinary disclosures
Wilmington Funds Management Corporation reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for investment companies
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗wilmingtontrust.com ↗
AtlasMembers
The full record on Wilmington Funds Management Corporation
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 462 peers of its type and size
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- Owners and executives, with titles and stakes
- 11 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- 1Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Wilmington Funds Management Corporation manage?
Wilmington Funds Management Corporation reports $16.1 billion in regulatory assets under management across 10 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 30, 2026.
What kind of firm is Wilmington Funds Management Corporation?
Wilmington Funds Management Corporation is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are Wilmington Funds Management Corporation’s clients?
By assets, its largest client types are investment companies ($16.1 billion, 10 clients).
Does Wilmington Funds Management Corporation have any disciplinary history?
Wilmington Funds Management Corporation reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Wilmington Funds Management Corporation’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-30), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →