Washington Trust Wealth Management expands team

Rhea-AI Summary

Washington Trust (WASH) expanded its wealth management team on Dec 2, 2025 by hiring five experienced professionals and reinforced prior 2025 hires and a strategic acquisition.

New appointments include Cristina Offenberg as Vice President, Head of Estate Settlement; Marilyn Gentilotti as Vice President and Senior Wealth Planner; Valentine Mello as Vice President and Trust Officer; Kyle Messier as Vice President and Portfolio Manager; and Myra Tucker as Vice President and Wealth Advisor. Earlier in 2025 the firm added three wealth-management professionals and acquired Lighthouse Financial Management, an advisory firm with approximately $190 million in assets under management.

Positive

• Acquired Lighthouse Financial Management with approximately $190 million AUM
• Added five wealth-management professionals on Dec 2, 2025
• Earlier in 2025 added three additional wealth professionals and a director
• New hires include two senior estate attorneys with 20+ and 30+ years' experience

Negative

• None.

News Market Reaction

+0.24%

1 alert

+0.24% News Effect

On the day this news was published, WASH gained 0.24%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

New wealth hires: 5 professionals Earlier 2025 hires: 3 professionals Assets under management: $190 million

3 metrics

New wealth hires 5 professionals Recent additions to Washington Trust Wealth Management

Earlier 2025 hires 3 professionals Additional wealth management team members added earlier in 2025

Assets under management $190 million Lighthouse Financial Management acquisition AUM

Market Reality Check

Price: $30.46 Vol: Volume 113,244 is 15% abo...

normal vol

$30.46 Last Close

Volume Volume 113,244 is 15% above the 20-day average of 98,716, indicating elevated interest pre‑announcement. normal

Technical Shares at 30.88 are trading above the 200-day MA of 28.57 and about 17% below the 52-week high of 37.205.

Peers on Argus

WASH gained 3.61% while peers showed mixed, mostly modest moves: HONE -1.79%, BH...

WASH gained 3.61% while peers showed mixed, mostly modest moves: HONE -1.79%, BHB +0.80%, EGBN +0.42%, SHBI +1.24%, IBCP +1.45%, suggesting a stock-specific reaction.

Historical Context

5 past events · Latest: Dec 02 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 02	Team expansion	Positive	+0.2%	Hired five senior wealth professionals and highlighted prior acquisition.
Nov 18	Loan financing	Positive	+0.1%	Provided $12.4M financing for a Norwalk, CT retail plaza.
Nov 14	Product partnership	Positive	+0.1%	Added Clover to business banking services to expand payment options.
Nov 12	Workplace award	Positive	-0.4%	Named one of the 2025 Best Banks to Work For in the U.S.
Oct 20	Q3 2025 earnings	Neutral	+3.8%	Reported Q3 2025 results with EPS $0.56 and higher net interest income.

Pattern Detected

Recent corporate and product announcements have generally seen small positive price reactions, with one divergence on an employer-recognition headline.

Recent Company History

Over the last few months, Washington Trust has reported Q3 2025 results with net income of $10.8 million and diluted EPS of $0.56, alongside higher net interest income and growing assets under administration of $7.7 billion. Operationally, it added Clover to business banking services and financed a $12.4 million Norwalk retail plaza. The bank also earned recognition as one of the 90 best banks to work for. Today’s wealth management team expansion and the prior Lighthouse Financial Management acquisition build on this growth and service-enhancement trajectory.

Market Pulse Summary

This announcement details Washington Trust’s continued build-out of its wealth management franchise,...

Analysis

This announcement details Washington Trust’s continued build-out of its wealth management franchise, adding five senior professionals and referencing an earlier acquisition with about $190 million in assets under management. Together with prior 2025 hires, the news underscores a focus on fee-based services and high-net-worth relationships. Investors monitoring this story may track subsequent disclosures on wealth management revenues, profitability, and integration of Lighthouse Financial Management to assess how these strategic hires translate into financial performance.

Key Terms

assets under management, behavioral personal finance, fintech

3 terms

assets under management financial

"Lighthouse Financial Management—an advisory firm with assets under management valued at approximately $190 million"

Assets under management (AUM) is the total value of all the investments that a financial company or fund is responsible for overseeing on behalf of its clients. It’s like a big bucket that shows how much money the firm is managing for people or organizations. A higher AUM often indicates a larger, more trusted company, and it can influence how much money they earn and the services they can offer.

behavioral personal finance financial

"expertise in tax and business planning and behavioral personal finance and planning"

Behavioral personal finance studies how human habits, emotions and mental shortcuts shape everyday money decisions—like saving, spending, taking risk and choosing investments. It matters to investors because predictable biases (for example, overconfidence, fear-driven selling, or sticking with familiar choices) can reduce returns or increase risk; understanding these patterns is like tuning a thermostat to keep financial choices aligned with long‑term goals.

fintech technical

"held roles as an equity research analyst and a fintech administrative officer"

FinTech, short for financial technology, refers to new tools and software that make managing money easier and more convenient, like mobile payment apps or online banking. It matters because it helps people and businesses access financial services faster, often at lower costs, changing how we handle money in everyday life.

AI-generated analysis. Not financial advice.

Recent hires build on a year of strategic investments to support growth

WESTERLY, R.I., Dec. 2, 2025 /PRNewswire/ -- Washington Trust has added five experienced professionals to its wealth management division, continuing its investment in this area as part of the company's focus on offering personalized, comprehensive, and integrated financial services.

Cristina Offenberg, Esq. has joined as Vice President, Head of Estate Settlement and Senior Trust Officer, bringing more than 30 years of legal experience in estate planning, trust administration, and business succession planning. Cristina leads Washington Trust's estate settlement team and oversees complex trust and investment relationships for high-net-worth individuals and families.

Marilyn Gentilotti, Esq., CPA, CFP^®, CTFA, AEP^® has joined as Vice President and Senior Wealth Planner, responsible for providing trust and estate planning, tax strategy, and investment advisory services. Marilyn is an accomplished trust and estate attorney experienced in handling challenging legal and financial matters, and has more than 20 years of experience providing integrated asset protection and wealth transfer strategies to high-net-worth individuals and families.

Valentine Mello, Esq. has joined as Vice President and Trust Officer, responsible for managing trust and investment relationships. Valentine has more than five years of fiduciary management experience and previously practiced law in Massachusetts as a Plymouth County Assistant District Attorney and as a public defender on state care and protection cases.

Kyle Messier has joined as Vice President and Portfolio Manager, responsible for managing investment holdings for institutional clients and high-net-worth individuals. Kyle brings more than 18 years of experience in financial services, including roles in portfolio management and client service at global firms and private banking institutions.

Myra Tucker has joined as Vice President and Wealth Advisor, responsible for developing tailored investment strategies that meet clients' long-term goals. Prior to joining Washington Trust, she was a portfolio manager for 23 years and held roles as an equity research analyst and a fintech administrative officer.

These appointments follow recent actions to expand Washington Trust Wealth Management's talent and offerings. Earlier this year Washington Trust added three more professionals to the Wealth Management team, including a director of client experience and a senior private client advisor, and acquired Lighthouse Financial Management—an advisory firm with assets under management valued at approximately $190 million, and expertise in tax and business planning and behavioral personal finance and planning.

"These talented professionals strengthen our ability to provide comprehensive wealth management solutions and exceptional service to our clients," said Washington Trust Wealth Management Executive Vice President and Chief Wealth Management Officer Kathleen Ryan. "Our strategic investments in wealth management this year highlight our vision for the future—expanding our capabilities and delivering integrated products and services that support clients at every stage of their financial journey." 

ABOUT WASHINGTON TRUST^®
Founded in 1800, Washington Trust is recognized as the oldest community bank in the nation, the largest state-chartered bank headquartered in Rhode Island and one of the Northeast's premier financial services companies. In 2025, Washington Trust reached a milestone of 225 years in operation, marking its commitment to helping the people, businesses, and organizations of New England improve their financial lives. The Bank offers a wide range of commercial banking, mortgage banking, personal banking and wealth management services through its offices in Rhode Island, Connecticut and Massachusetts and a full suite of convenient digital tools. Washington Trust is a member of the FDIC and an equal housing lender. Washington Trust is a subsidiary of Washington Trust Bancorp, Inc., a publicly-owned holding company which trades on NASDAQ: WASH. For more information, visit the Bank's website at www.washtrust.com or the Corporation's website at ir.washtrust.com.

ABOUT WASHINGTON TRUST WEALTH MANAGEMENT^®
Washington Trust Wealth Management ("WTWM") is a premier regional wealth advisory group with more than $7.6 billion in assets under administration, as of September 30, 2025. WTWM provides client-focused financial solutions to individuals, families, foundations, endowments, municipalities, and businesses. WTWM delivers customized financial planning, broad investment management, and full trust services to clients from its offices in Rhode Island, Massachusetts, and Connecticut. Washington Trust Wealth Management is a registered trademark of The Washington Trust Company, which has licensed its use to its parent, affiliates, and subsidiaries, including Washington Trust Advisors, Inc., an SEC-registered investment adviser. Additional information can be found at www.washtrustwealth.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/washington-trust-wealth-management-expands-team-302630548.html

SOURCE The Washington Trust Company

FAQ

What did Washington Trust (WASH) announce on December 2, 2025?

Washington Trust announced five new hires to its wealth management team, expanding estate, trust, portfolio, and advisory capabilities.

How much AUM did Lighthouse Financial Management bring to Washington Trust (WASH)?

Lighthouse Financial Management was acquired with approximately $190 million in assets under management.

Which senior hires joined Washington Trust (WASH) on Dec 2, 2025?

Cristina Offenberg joined as Head of Estate Settlement; Marilyn Gentilotti as Senior Wealth Planner; plus Valentine Mello, Kyle Messier, and Myra Tucker.

How do the Dec 2, 2025 hires affect Washington Trust (WASH) wealth services?

The hires broaden estate settlement, trust administration, tax strategy, portfolio management, and wealth advisory capabilities.

Did Washington Trust (WASH) make other wealth management moves in 2025?

Yes; earlier in 2025 the firm added three wealth professionals, a director of client experience, and a senior private client advisor.

Who is Washington Trust's chief wealth management officer quoted about the hires?

Kathleen Ryan, Executive Vice President and Chief Wealth Management Officer, commented the hires strengthen comprehensive wealth solutions.