Private fund adviser · Wilmington, DE
Wilmington Trust Asset Management, LLC
SEC-registered investment adviser · CRD 325489 · SEC 801-127565
At a glance
Wilmington Trust Asset Management, LLC is an SEC-registered investment adviser based in Wilmington, Delaware, with $271 million in regulatory assets under management as of its Form ADV filed September 23, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 3,714th of 4,686 private fund advisers and 10,685th of 17,210 SEC-registered advisers by assets.
Main office 646-531-7248As filed on Form ADV
- Regulatory AUM
- $271M
- Rank among private fund advisers
- #3,714 of 4,686
- Rank among all SEC RIAs
- #10,685 of 17,210
- Rank in Delaware
- #21 of 39
- Clients
- 5
- Accounts
- 5
- Discretionary
- 100% of AUM
- Employees
- 40
- Advisory staff
- 31
- Offices
- 3
Owners and executives on its Form ADV
- Anthony M. RothDirector
- Andrew J. BaldaufChief Compliance Officer
- Edna J. WarrenChair of the Board and Chief Executive Officer
- Gerald E. BakerDirector
- Lisa J RobertsDirector
- Michael J KeaneDirector
- John C. McDonnellChief Operations Officer
Custody and brokerage
Custodian
Wilmington Trust Asset Management, LLC’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 an affiliated broker-dealer: M&t Securities, Inc..
- M&t Securities, Inc. ↗CRD 17358
Its Form ADV brochure (filed September 2026) names LPL Financial, an unaffiliated broker-dealer, as the broker-dealer its advisers are registered with.
WTAM is not registered as a broker -dealer; however, certain of WTAM’s or WTAM’s affiliates’ officers, directors, and/or employees are also registered representatives of LPL Financial LLC.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pooled investment vehicles | 5 | $271M | 100% |
Private funds
Wilmington Trust Asset Management, LLC reports 5 private funds with $271M in gross assets: private equity funds, real estate funds, other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Wilmington Trust Asset Management, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for pooled investment vehicles
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗
AtlasMembers
The full record on Wilmington Trust Asset Management, LLC
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, 2 years of filings
- Locked
- Growth over one, three and five years
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- Rank against 1,981 peers of its type and size
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- Owners and executives, with titles and stakes
- 7 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Wilmington Trust Asset Management, LLC manage?
Wilmington Trust Asset Management, LLC reports $271 million in regulatory assets under management across 5 accounts, 100% of it on a discretionary basis, on its Form ADV filed September 23, 2026.
What kind of firm is Wilmington Trust Asset Management, LLC?
Wilmington Trust Asset Management, LLC is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets. It reports a bank or thrift among its related persons. A public reporting company controls it.
Who are Wilmington Trust Asset Management, LLC’s clients?
By assets, its largest client types are pooled investment vehicles ($271 million, 5 clients).
Does Wilmington Trust Asset Management, LLC manage private funds?
Yes. It reports 5 private funds with $271 million in gross assets, including private equity funds, real estate funds, other private funds.
Does Wilmington Trust Asset Management, LLC have any disciplinary history?
Wilmington Trust Asset Management, LLC 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 Trust Asset Management, LLC’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 (2026-09-23), 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 →