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Wilmington Trust Recruits Philip P. Cave as President
Philip P. Cave has joined Wilmington Trust as president of Wilmington Trust FSB Georgia. In this position, Cave will lead business development and client account management for Wilmington Trust's wealth advisory business in Atlanta and the Southeast region. His hire is an indication of the company's expanding presence in the area, said Rodney P. Wood, executive vice president and head of Wilmington Trust's wealth advisory business.
Wilmington Trust entered the Atlanta market with the 2002 acquisition of Balentine & Co., led by Robert M. Balentine. "Wilmington Trust has long been one of the most admired and respected names in wealth management," Balentine said. "I look forward to working with Philip and his team in bringing Wilmington Trust's outstanding wealth advisory capabilities to high-net-worth families and prominent foundations in the Southeast."