Finance today’s needs without sacrificing tomorrow’s goals. A sudden need for significant funds arises—where should you turn? One strategy can be leveraging your portfolio’s assets to access liquidity. What do you need to know about using your holdings as collateral? We sat down with Jon Coppola, director of Private Banking at Wilmington Trust, for the skinny on potential rewards and risks of this complex yet engaging space.
Jon is responsible for meeting the complex financial needs of clients throughout the Northeast region as well as nationally. He provides strategic advice, highly personalized service, and advisory lending and banking solutions. As a private banking team leader, he and his team make the following M&T Bank services available: bridge financing, residential and investment real estate financing, and specialized asset-backed facilities secured by investments, art, yachts, and aircraft. In addition, Jon coordinates a broad range of services available through the Wilmington Trust Wealth Management team, including investment management, planning, trust, family engagement, and family office services.
Prior to joining Wilmington Trust in 2013, Jon worked for TD Wealth Management as a private banker in New York City. Earlier in his career, Jon was a private client manager at US Trust, Bank of America for six years.
He holds a bachelor’s degree from Fairleigh Dickinson University. He is the president of the Secor Drive HOA in Port Washington, New York and is an active member in his community.