Delaware · Public trust company
Wilmington Trust Company
Also used as Wilmington Trust.
Services offered
- Delaware personal trust and directed-trust administration
- Corporate and institutional fiduciary / agency services
- Trusts holding unique or concentrated assets under directed-trust documents
Who it is for
- High-net-worth families using Delaware directed trusts
- Institutional and corporate-trust counterparties
- Clients already in the M&T / Wilmington Trust relationship
Sourced facts
- Named as a state non-deposit trust company on the Delaware OSBC financial-institutions list, at Rodney Square North, 1100 North Market Street.
- A Trust Indenture Act eligibility exhibit states the company was originally incorporated 2 March 1901 as Delaware Guarantee and Trust Company.
- M&T SEC disclosures state Wilmington Trust Company was incorporated as a Delaware bank and trust company in March 1901 and amended its charter in July 2011 to become a nondepository trust company.
Notes
Wilmington Trust Company is the Delaware state non-deposit trust company behind the Wilmington Trust brand. The Office of the State Bank Commissioner lists it at Rodney Square North, 1100 North Market Street. M&T’s disclosures and a 2026 Trust Indenture Act exhibit trace the charter to 2 March 1901 (originally Delaware Guarantee and Trust Company) and to a 2011 amendment that made the company a nondepository trust company.
The firm’s own directed-trust article is a clear operator’s map of Delaware bifurcation: an adviser directs investments or distributions; the trustee becomes an administrative trustee. The same brand sells investment management through affiliates. That is a feature for families who want a bank balance sheet. It is a conflict to price if the RIA is supposed to stay outside the house.
What to verify next
Use the legal name Wilmington Trust Company, not the “Wilmington Trust” brand, on the appointment — the brand covers several M&T affiliates, including a national bank. Confirm that WTC, operating in Delaware only, is the trustee, and whether investment management will sit at Wilmington Trust Investment Advisors or with an outside adviser. If the point is a product-free directed trustee, this is a heavier platform than Commonwealth; underwrite conflicts, committee process, and unique-asset appetite before you assume boutique flexibility.