In a push to expand its presence in Washington, D.C, and Richmond, Va., Wilmington Trust has tapped industry veteran William T. LaFond to head up its wealth advisory business in those markets. It also hired four wealth advisors, all from Wells Fargo Private Bank, to serve high-net-worth clients in the region.

LaFond, formerly managing director of business development for Wilmington Trust's Family Wealth group, has more than 15 years of experience in investment management and financial planning. He most recently oversaw a team of wealth specialists in Delaware, according to the company.

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