WESTERLY – The Washington Trust Co. has launched a new private client group designed to provide “personalized financial solutions” for business owners, executives and “high net-worth” individuals and their families and organizations, the bank announced.
Washington Trust’s Private Clients Group will be led by Senior Vice President Joseph Confessore. He also will continue to serve as a team leader in the bank’s Commercial and Institutional Banking Group. Robert A. Mancini, former president of the Rhode Island Society of Certified Public Accountants, has joined the Private Clients Group as a vice president and senior private client adviser.
Washington Trust offers commercial, mortgage and personal banking, as well as wealth management, trust and estate planning services. The new group will serve as a single source of those services, providing tailored services to clients, the bank said.
“The Private Clients Group allows us to provide a comprehensive suite of services with specialized focus on individual client needs,” said Washington Trust President and Chief Operating Officer Mark K. W. Gim. “Joe and Bob are experienced, trusted advisers who are well-respected in the Rhode Island professional community.”
In other company news, Washington Trust opened its new branch office on Jan. 10 at 1588 Mineral Spring Ave. in North Providence. Managed by Marcus J. Charlemagne, the 2,100-square-foot building has a drive-up teller lane and a drive-up automated teller machine with night deposit. The lobby has a walk-up ATM and three banker stations.
Scott Blake is a PBN staff writer. Email him at Blake@PBN.com.