Washington Trust Advisors provides wealth management and holistic financial planning services to individuals, high-net-worth individuals, trusts, estates, corporate pension and profit-sharing plans, charitable institutions, foundations, endowments, and other business entities. Services include individual portfolio management, model portfolios, and third-party money manager selection programs. Tax planning and tax preparation are offered for legacy clients in 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: $7,500. The minimum to open a portfolio management relationship is $1,500,000. Fees may be negotiable. For accounts where Washington Trust serves as a Corporate Trustee and the investment strategy relates primarily to equity securities, the annual fee may range from 0.30% to 1.25% of the portfolio's total value.