The demand for collective investment trusts in the defined contribution space is growing. The addition of Val to our team broadens our service to plans of all sizes nationwide.
New York (PRWEB) December 16, 2015
Wilmington Trust hired Val Ferrara as senior sales trust representative for its Institutional Retirement Services division, where she’ll work to grow the company’s collective investment trust (CIT) business nationwide. She is based in Wilmington Trust’s office in Manhattan.
Ferrara will advise clients on collective investment trusts as an investment vehicle for defined contribution 401(k) plans. She will provide support to defined contribution financial advisors, recordkeeping partners, and sales teams at Wilmington Trust’s sub-advisor partner firms.
Prior to joining Wilmington Trust, Ferrara was a defined contribution associate at BlackRock, where she supported defined contribution financial advisors on both active and passive management, mutual funds, CITs, and exchange traded funds. She also supported broker-dealer home office retirement relationships.
Before that, Ferrara was employed as a financial advisor in Merrill Lynch’s Financial Advisor Center.
“The demand for collective investment trusts in the defined contribution space is growing. The addition of Val to our team broadens our service to plans of all sizes nationwide,” said Matt McAfee, head of Retirement Services at Wilmington Trust. “With her energy, relationships, and product knowledge of the defined contribution industry, Val is a great asset to our team and, more importantly, our clients.”
Wilmington Trust is currently trustee for more than 100 funds with $12 billion in assets under administration, representing more than 4,000 plans.
Ferrara earned a bachelor’s degree in finance from Siena College. She holds titles of Accredited Investment Fiduciary® and Chartered Retirement Planning Counselor®.
She is based in Wilmington Trust’s office at 350 Park Ave., New York, N.Y., and can be reached at (212)326-9662.
Wilmington Trust provides Corporate and Institution Services including institutional trustee, retirement plan, agency, asset management, and administrative services for clients worldwide who use capital markets financing structures. Wilmington Trust’s Institutional Retirement Services division provides directed trustee, employee stock ownership plan, and fiduciary services for retirement plans, companies, foundations, organizations, and financial institutions.
Wilmington Trust also provides Wealth Advisory services with a wide array of personal trust, financial planning, fiduciary, asset management, *private banking, and family office solutions designed to help high-net-worth individuals and families grow, preserve, and transfer wealth.
Wilmington Trust maintains offices throughout the United States and internationally in London, Luxembourg, Frankfurt, Dublin, Amsterdam, and Cayman Islands. Wilmington Trust is an M&T Bank affiliate. For more information, visit http://www.WilmingtonTrust.com.
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MEDIA CONTACT: Kent Wissinger, Wilmington Trust PR Manager (302)651-8758
Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. Investment services, wealth advisory, and corporate and institutional products and services are offered by Wilmington Trust Company, operated in Delaware only, and Wilmington Trust, N.A., a national bank. Loans, retail and business deposits, and other personal and business banking services and products are offered by M&T Bank, member FDIC. International corporate and institutional services are offered through our international affiliates.
*Private Banking is the marketing name for an offering of M&T Bank deposit and loan products and services.