Washington Trust Advisors offers comprehensive wealth management, financial planning, and discretionary investment portfolio management services to individuals, high-net-worth families, trusts, estates, and retirement plans. The firm builds customized investment portfolios using a wide range of securities, including mutual funds, exchange-traded funds, individual stocks and bonds, options, and third-party money managers. Washington Trust Advisors tailors its strategies to each client's specific financial goals, time horizon, and risk tolerance, and also provides income tax planning and preparation for certain legacy clients. As a subsidiary of The Washington Trust Company, the firm can coordinate with its parent bank to offer corporate trustee and trust services. Washington Trust Advisors operates primarily from offices in Massachusetts, Connecticut, and Rhode Island.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.5M | 0.90% |
| $1.5M - $3.0M | 0.75% |
| $3.0M - $10.0M | 0.65% |
| $10.0M - $20.0M | 0.40% |
| $20M+ | 0.30% |
Minimum annual fee is $7,500. Fees and minimum account size may be negotiable. Accounts where the parent company serves as corporate trustee in equity strategies may range from 0.30% to 1.25%.