Wilmington Trust is acquiring Bingham Legg Advisors, a wealth advisory firm based in Boston that specializes in tax-sensitive investment strategies.

“Wilmington Trust has had wealth management clients in the New England area for many years, and we have been looking for the right opportunity in Boston for some time,” said Ted T. Cecala, Wilmington Trust chairman and chief executive officer. “Bingham Legg’s investment management philosophy and team approach to serving clients are very similar to ours. Our two firms fit well together, and I am delighted to be entering one of the nation’s top high-net-worth markets with such a capable, highly regarded and well-established team already in place.”

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