February 23, 2021—Customized financing solutions can play a significant role in your wealth plan. In fact, an estate or succession plan that includes appropriate borrowing strategies can help preserve a family’s legacy and enable a more efficient wealth transfer from one generation to the next. In today’s podcast, Wilmington Trust Private Banking Group Manager Charlotte Philips discusses how you can use strategic financing to help work toward achieving your wealth transfer goals.
Charlotte serves on the Private Banking Leadership Team and is responsible for inspiring talent, enhancing the client experience, growing client relationships, driving operational effectiveness, and optimizing risk management.
The team she manages is responsible for helping high-net-worth individuals and families meet their complex financial needs. She empowers her team to provide strategic advice, highly personalized service, and customized solutions. As a Private Banking Group Manager, she and her team specifically focus on bridge financing, residential and investment real estate financing, and specialized asset-backed facilities secured by investments, art, yachts, and aircraft. This is done in concert with the entire Wilmington Trust Wealth Management team, providing investment management, wealth transfer planning, trust, and family office services.
Prior to joining Wilmington Trust in 2017, Charlotte spent over a decade at U.S. Trust, Bank of America Private Wealth Management as a private client manager. Her professional experience also includes Wachovia’s Capital Markets Group, the New York Stock Exchange, and the U.S. Department of Treasury. Charlotte proudly serves on the board of directors for Open Works, one of the largest non-profit makerspaces in the country.
Charlotte holds an MBA from the University of Maryland Robert H. Smith School of Business with a concentration in finance and a bachelor’s degree in finance from Georgetown University.