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Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation including, but not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (WTC) operating in Delaware only, Wilmington Trust, N.A. (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), Wilmington Trust Asset Management, LLC (WTAM), and Wilmington Trust Investment Management, LLC (WTIM). Such services include trustee, custodial, agency, investment management, and other services. International corporate and institutional services are offered through M&T Bank Corporation’s international subsidiaries. Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank. Member, FDIC. 
M&T Bank Corporation’s European subsidiaries (Wilmington Trust (UK) Limited, Wilmington Trust (London) Limited, Wilmington Trust SP Services (London) Limited, Wilmington Trust SP Services (Dublin) Limited, Wilmington Trust SP Services (Frankfurt) GmbH and Wilmington Trust SAS) provide international corporate and institutional services.
WTIA, WFMC, WTAM, and WTIM are investment advisors registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply any level of skill or training. Additional Information about WTIA, WFMC, WTAM, and WTIM is also available on the SEC's website at adviserinfo.sec.gov. 
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Investment and Insurance Products   • Are NOT Deposits  • Are NOT FDIC Insured  • Are NOT Insured By Any Federal Government Agency  • Have NO Bank Guarantee  • May Go Down In Value  
Investing involves risks and you may incur a profit or a loss. Past performance cannot guarantee future results. This material is provided for informational purposes only and is not intended as an offer or solicitation for the sale of any security or service. It is not designed or intended to provide financial, tax, legal, accounting, or other professional advice since such advice always requires consideration of individual circumstances. There is no assurance that any investment, financial or estate planning strategy will be successful.

Investment Management

Our Investment Team

Deep experience to power your portfolio and manage risk.

 

Tony Roth's Image
Tony Roth
Chief Investment Officer

Tony Roth
Chief Investment Officer

Tony Roth is Chief Investment Officer for Wilmington Trust Investment Advisors. As head of its Investment Committee, he plays a key role in developing and delivering investment services to wealth, institutional, and brokerage clients. He also provides strategic direction for the firm's asset management investment activities, including asset allocation, manager research, and portfolio construction.

Prior to joining Wilmington Trust in 2014, Tony was Chief Investment Officer for Aquitaine Management and UBS Wealth Management Americas, respectively. Earlier in his career, he was founder and co-head of the Advisory Services Division at Bear, Stearns & Co. Inc., served as director of the Family Wealth Group at Sanford C. Bernstein & Co., and was a tax attorney at Cleary Gottlieb in New York.

Tony earned his law degree from Harvard Law School. He holds a master's degree in French and International Tax Law from Université Panthéon Sorbonne, and graduated magna cum laude from Brown University with a degree in Philosophy.

Economist

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Luke Tilley
Chief Economist

Luke Tilley
Chief Economist

As the Chief Economist of Wilmington Trust Investment Advisors and member of its Investment Committee, Luke Tilley develops forecasts of the U.S. and international economies, as well as researches emerging issues to support and enhance the firm's investment strategy. Luke is also responsible for communicating the economic outlook and investment strategy to clients and the public.

Prior to joining Wilmington Trust in 2015, Luke was Officer and Economic Advisor with the Federal Reserve Bank of Philadelphia. Earlier in his career, Luke worked as a senior economist at IHS Global Insight and as an economist for the U.S. Department of Housing and Urban Development.

Luke holds a master's degree and a Ph.D. in Economics from Temple University, and a bachelor's degree in Economics and History from James Madison University. He is a former adjunct faculty member at Temple University and formerly served on the board of directors of the Pennsylvania Economic Association. In addition, Luke is President of the Philadelphia Council for Business Economics, a chapter of the National Association for Business Economics.

Institutional

Matt Glaser's Image
Matt Glaser
Head of Equity Research

Matt Glaser
Head of Equity Research

Matt has more than two decades of experience in the equity and institutional investments industry. He previously worked for Lazard Asset Management as Managing Director and Portfolio Manager of the Lazard Master Alternatives Fund. Earlier in his career, he served as Chief of Investment Strategies and Executive Managing Director at Turner Investments, where he was a member of the Executive Management Group and Enterprise Risk Committee, with oversight responsibility for the Turner Spectrum Fund. Matt also worked at Susquehanna International Group and as a Managing Director at J.P. Morgan and Robertson Stephens.

Matt holds an MBA from Columbia University and a BA in History from Wesleyan University.

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Stephen A. Seivold
Vice President

Stephen A. Seivold
Vice President

Steve is responsible for the management of a variety of institutional portfolios, including pension and profit sharing plans, foundations, and endowment funds for Wilmington Trust Investment Advisors, Inc., the investment advisory arm of M&T Bank and Wilmington Trust.

Steve joined Wilmington Trust in 2007 and has nearly two decades of experience in the financial services industry. Earlier in his career, Steve was an investment advisor for T. Rowe Price in Baltimore and also worked in a variety of management roles for several nonprofit organizations.

Steve holds a bachelor's degree from Ohio Wesleyan University and he is a registered financial representative holding the FINRA Series 6, 7, 63 and 66 licenses.

Christopher Sporcic's Image
Christopher Sporcic
Investment Officer and Institutional Portfolio Manager

Christopher Sporcic
Investment Officer and Institutional Portfolio Manager

Christopher is responsible for the management of a variety of institutional portfolios, including pension and profit sharing plans, foundations, and endowment funds.

Christopher joined the organization in 2010 and has over eight years of experience in the financial services industry.

Christopher earned his B.S. degree in Physics with a secondary concentration in Mathematics from Bates College in Lewiston, Maine. He also has an MBA from Duke University, The Fuqua School of Business. Christopher is a registered financial representative holding the FINRA Series 7 and Series 65 licenses and is a CFA Level II candidate.

Fixed Income

Tom Pierce's Image
Tom Pierce
Head of Fixed Income Search & Strategy

Tom Pierce
Head of Fixed Income Search & Strategy

Tom Pierce has more than two decades of experience in the investment industry, encompassing multiple asset classes. He is responsible for managing Wilmington Trust Investment Advisors' Manager Strategies Group, which selects managers and vehicles for traditional and alternative investments. In addition, Tom manages a team of portfolio managers that runs both public and private multi-manager funds, as well as a multi-asset portfolio construction team.

Tom is also a co-portfolio manager and the investment architect of M&T Bank's Unified Managed Account "Portfolio Architect" series of managed accounts, which he has managed since the product's inception in 1997. A member of the firm's Investment Committee, Tom also co-manages M&T Bank's defined benefit pension portfolio and is a consultant for M&T's bank-owned life insurance portfolio.

Tom holds a master's degree from the University of Chicago and a bachelor's degree in Economics from Washington University in St. Louis.

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Randy Vogel
Director of Taxable Credit Research, Sr Portfolio Manager

Randy Vogel
Director of Taxable Credit Research, Sr Portfolio Manager

Randy Vogel is responsible for all investment-grade credit research for taxable fixed income at Wilmington Trust Investment Advisors. He oversees the credit review process, which includes a thorough analysis and review of approved issuers. Randy is also responsible for assisting in the management of taxable fixed income portfolios. He provides a thorough analysis of trends in the credit markets and relative value opportunities. His analysis focuses on identifying relative value opportunities that may help to maximize performance and minimize risk across taxable fixed income portfolios.

Randy rejoined Wilmington Trust in 2008 after spending two years with PNC Capital Advisors as a Senior Credit Analyst covering the banking, brokerage, utility, and telecommunication industries. He holds an MBA from Temple University and a bachelor's degree in Business Administration from the University of Delaware. He received his CFA designation in 2000 and is a member of the CFA Society of Philadelphia.