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.
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