For anyone in a rush to snap up wealth management firms, or who thinks Wilmington Trust Corp. is poised for a buying spree, Ted T. Cecala says think again.

The chairman and chief executive officer of Wilmington Trust strikes the profile of a lion in wait. He advises caution and talks up the risks of chasing deals in the current market, but he says the company will expand -- in time.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.