About the Author

Patrick Cassidy, CFA, CTFA

Vice President and Regional Investment Oversight Officer

Patrick has investment oversight responsibility for investment advisors in the Delaware and Pennsylvania regions of Wealth Management, helping to ensure that client portfolios are aligned with their respective investment policies as well as the firm’s best thinking.

He is also responsible for developing and managing customized investment portfolios for high-net-worth clients based on their unique parameters for risk, return, liquidity, and other factors. He takes the time to listen to his clients’ objectives and to understand any tax, legal and personal considerations. He then structures a diversified portfolio in keeping with the client’s asset allocation plan.

Patrick has considerable tenure in the investment management profession, specializing in portfolio management. Prior to joining Wilmington Trust in 2002 as a vice president and senior portfolio manager, he served as a portfolio manager for PNC Advisors. Earlier in his career, he was an investment advisor with a money management firm and also spent ten years trading equity options on the floor of the Philadelphia Stock Exchange.

Patrick holds a master’s degree in finance from the Fox School of Business at Temple University and earned his bachelor’s degree in finance from Drexel University. He is a CFA® charterholder and a member of the CFA Institute, the CFA Society Philadelphia, and the Philadelphia Estate Planning Council. He also holds the Certified Trust and Financial Advisor certification. Partick is active in his church and with youth community sports programs and has volunteered with The Salvation Army.


By the Author

Financial Derivatives: Understanding Calls and Puts

Patrick Cassidy, CFA, CTFA |
Investment Management

Learn about the pros and cons of using options as part of your investment strategy.Options offer an opportunity to take advantage of market moves, both up and down.They also offer the possibility of increased rates of return and a predetermined limit to the amount of potential loss.While options are sometimes used to hedge or reduce risk, they can be an aggressive investment and may not be appropriate for every individual.

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