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Wilmington Trust adds consultant to wealth advisory services business

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Wilmington Trust, a US wealth management company, has added Walter B. Rose as a consultant in its wealth advisory services office in Los Angeles.

Rose will work closely with Wilmington Trust’s professionals on business development initiatives in the Southern California market.

“We are pleased to welcome Walt to Wilmington Trust,” says Kemp C. Stickney, senior vice president and chief fiduciary officer for wealth advisory services. “He is an accomplished executive and highly respected in Los Angeles’ business and nonprofit communities. He is a great addition to our Southern California team.”

Rose is a founding partner of Venture Consulting, which began in 1980 and provides consulting services to small businesses and venture capital companies. He was also a founding partner of McBain, Rose Partners, a private equity investment firm that specialised in the acquisition of middle market companies.

Earlier in his career, Rose was with the management consulting firm McKinsey, where he worked with Fortune 100 clients, and Medtronic, a medical electronics firm. He also served as an independent trustee for the McMorgan Funds, a mutual fund complex and subsidiary of New York Life.

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