Washington Trust Bancorp Finalizes Acquisition of Lighthouse Financial Management

Reuters
08-04
Washington Trust Bancorp Finalizes Acquisition of Lighthouse Financial Management

Washington Trust Advisors, Inc., a subsidiary of The Washington Trust Company, has completed a strategic acquisition of Lighthouse Financial Management, LLC, a Westerly-based advisory firm with approximately $190 million in assets under management. The transaction, which was finalized on July 31, 2025, brings the Lighthouse Financial team, including founder Stephen C. Poplaski and colleagues Aaron Wade, Paul Drechsler-Martell, and Larry "Matt" Henderson, into Washington Trust Wealth Management. This acquisition aligns with Washington Trust's goal of expanding its wealth management division. Kathleen Ryan, Executive Vice President and Chief Wealth Management Officer, highlighted the benefits of the merger, stating that the combined expertise and recent technological investments would enhance client services.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Washington Trust Bancorp Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE43495) on August 04, 2025, and is solely responsible for the information contained therein.

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